Public Storage's Preferred Shares, Series W Crosses Above 5.5% Yield Territory
November 17, 2014 at 14:45 PM EST
In trading on Monday, shares of Public Storage's 5.20% Cumulative Preferred Share of Beneficial Interest, Series W (PSA. RW) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.30), with shares changing hands as low as $23.63 on the day.