Public Storage's Preferred Stock, Series Z Crosses Above 6% Yield Territory
August 24, 2015 at 14:06 PM EDT
In trading on Monday, shares of Public Storage's 6.250% Cumulative Preferred Stock, Series Z (PSA. RZ) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.75 on the day.