PSA News and Press, Public Storage From 02/21/23

Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2022. “Public Storage’s industry-leading platform achieved record financial results in 2022,” said Joe Russell, President and Chief Executive Officer. “I ...

Summary This article is built around one key question: Where would you put $10,000 right now? I started by assessing the parameters of this question and presented interesting value-adding answers for my Twitter followers with additional context. In light of this context, I explain w...

It is the Registered Retirement Savings Plan (RRSP) season. The RRSP deadline for the 2022 tax year is March 1, 2023. Canadians should take a proactive approach. If possible, save and invest regularly in your RRSP instead of delaying until RRSP season to make contributions, especially if you ...

Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Apple ( AAPL ) said to start laying off contractors in recent days. Tesla ( TSLA ) falls into negative territory after recalling +360K vehicles in the U.S. Norfolk Southern ( NSC )...

Real estate investment trusts (REITs) are a popular investment vehicle that provides investors with exposure to the real estate market. REITs are companies that own, operate, or finance income-generating real estate assets, such as office buildings, apartment complexes, hotels, and shopping cente...

Summary U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tensions, and mixed corporate earnings results weighed on sentiment. Posting just its second weekly decline of the year, the S&P 500...

Summary Last year has been one of the worst investment years in over a decade, with the S&P 500 declining by 20% and billions being erased from the markets. The fourth quarter itself has marked a noticeable shift in investor sentiment to a much more bullish-oriented market, somethin...

AvalonBay Communities (NYSE: AVB) and Public Storage (NYSE: PSA) have been rather stingy in recent years. The real estate investment trusts (REITs) last increased their dividends quite a while ago. However, both recently boosted their payouts. That dividend growt...

Summary I’ve used the term KISS before, and I’m hardly responsible for coining it. For those of you who are new to my page, it stands for “keep it simple, sweetheart.”. The message is clear: Don’t complicate what doesn’t have to be complicat...

Summary The merger has some synergy to it. I think there will be a slightly higher bid. Here is how to play it and the risks involved. On February 5, after the market close, Public Storage ( PSA ) publicly announced its intent to buy Life Storage ( LSI ). The all stock...