PSALL News and Press, Public Storage From 05/01/21

Public Storage uses little debt and bolsters its balance sheet by issuing preferred shares. The preferred dividend yields are usually low, but very safe. The 3.9% O-series issued in Q4 2020 have a current yield of 3.75% and a yield to worst of 2.95%. That's relatively low, but...

Public Storage (PSA) Q1 2021 Earnings Conference Call April 29, 2021, 12:00 ET Company Participants Ryan Burke - VP, IR Joseph Russell - CEO, President & Trustee Thomas Boyle - CFO & SVP Conference Call Participants Jeffrey Spector - Bank of America Merrill Lynch Juan Sanabria - BMO C...

U.S. equity markets rallied to fresh record-highs this past week as long-term interest rates and inflation expectations pulled back despite a stellar slate of economic data and corporate earnings reports. Concerns over the impact of a temporary safety-related halt of the Johnson &...

U.S. equity markets climbed to fresh record highs this week amid a pullback in interest rates and inflation expectations as the global growth outlook has been tempered by ongoing COVID issues abroad. Climbing to fresh record highs, the S&P 500 gained another 2.7% on the week while...

U.S. equity markets rallied to fresh record-highs this past week on data showing faster-than-expected job growth and continued strength behind the housing market while jitters over rising interest rates calmed. Closing the holiday-shortened week at record highs, the S&P 500 gained...

Because they offer such a high yield, closed end funds can appear attractive, especially to passive investors. Among REIT CEFs, RQI is widely regarded as one of the very best. However, RQI and CEFs, in general, suffer from 3 big problems, and for this reason, we avoid most of them...

Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecas...

Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share. EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden is...

Public Storage (PSA) Q4 2020 Results Conference Call February 25, 2021 12:00 PM ET Company Participants Ryan Burke - Vice President of Investor Relations Joe Russell - President & Chief Executive Officer Tom Boyle - Senior Vice President & Chief Financial Officer Conference Call Parti...

The REIT sector took a hit throughout 2020, JRS more so as they invest in more cyclical industries. They maintained their quarterly dividend throughout 2020, which remains at an attractive 9%+ rate. Due to the greater risks of the industries that JRS is invested in, more adventuro...