2024-07-11 16:16:58 ET
Summary
- Public Storage stands out despite a mixed dividend history, thanks to its vast footprint and strategic expansion, making it a key player in the self-storage market.
- PSA's robust performance, leveraging technology and maintaining high occupancy rates, showcases its resilience amid economic challenges and strong future growth potential.
- Trading at a favorable valuation, PSA's projected double-digit returns reaffirm its status as a cornerstone of my investment strategy, solidifying its long-term value.
Introduction
Last month, I wrote an article on my three favorite REITs.
These REITs are Extra Space Storage ( EXR ), Equity LifeStyle Properties ( ELS ), and Rexford Industrial Realty ( REXR ).
If I had made the list longer, I would have included Public Storage ( PSA ) as well, which is the first REIT I added to my long-term dividend growth portfolio after the pandemic....
Read the full article on Seeking Alpha
For further details see:
4%-Yielding Public Storage - One Of The Best REITs On The Market