PSA News and Press, Public Storage From 06/22/21

"A robust recovery is no longer a question of 'if', but rather, 'when,' " according to the National Association of Real Estate Investment Trusts (Nareit) midyear outlook for REITs and commercial real  estate.It helped that REITs entered the pandemic with historically strong balance sheet...

Public Storage (NYSE:PSA) traded today at a new 52-week high of $302.66. Approximately 82,000 shares have changed hands today, as compared to an average 30-day volume of 743,000 shares. Public Storage (NYSE:PSA) is currently priced 7.6% above its average consensus analyst price target of...

We take a look at the action in preferreds and baby bonds through the second week of June and highlight some of the key themes we are watching. We discuss the market action and highlight individual issuer news. We continue to favor pinned-to-par securities due to their greater res...

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

In spite of the pandemic-induced crisis and correction last year and other challenges, the stock market has made a remarkable recovery, and a new bull market is clearly evident. Obviously, the big question is, where does it go from here, and is it a good time to invest? If you are...

Public Storage (NYSE:PSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 4.95% Cumulative Preferred Shares, Series D (NYSE:PSAPrD) on July 20, 2021 at $25 per depositary share plus accrued dividends from July 1, 2021 thr...

Wall Street got the hot consumer inflation data it expected this past week, but the reaction of the stock and bond markets underscored doubt in the reflation trade.The CPI showed May annual inflation of 5%, with the core up 3.8%.The debate among economists persisted as to how much of the pric...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Public Storage (PSA) had declared $2.00/share quarterly dividend, in line with previous.Payable June 30; for shareholders of record June 15; ex-div June 14.See PSA Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Public Storage goes ex-dividend on Mo...

Our FMP is a portfolio solely composed of funds aimed at outperforming the largest ETF (SPY) on a risk-adjusted basis. The FMP, by definition, is a low-maintenance portfolio. It meant to serve those with little time, desire, energy, and/or knowledge. Nonetheless, we never thought ...