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Public Storage (PSA) Payout Ratio

Annual Payout Ratio:

110.44%+3.72%(+3.49%)
December 31, 2024

Summary

  • As of today, PSA annual payout ratio is 110.44%, with the most recent change of +3.72% (+3.49%) on December 31, 2024.
  • During the last 3 years, PSA annual payout ratio has risen by +26.42% (+31.44%).
  • PSA annual payout ratio is now -37.64% below its all-time high of 177.09%, reached on December 31, 2006.

Performance

1-Year Change

+3.49%

3-Year Change

+31.44%

5-Year Change

+1.7%

15-Year Change

-5.29%

PSA Payout Ratio Chart

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Highlights

Sector Percentile

64.98%
PSA annual payout ratio is higher than 64.98% of companies in Real Estate sector

Range

All-Time High

177.09%
PSA annual payout ratio is currently -37.64% below its historical high of 177.09%

3-Year Low

84.02%
PSA annual payout ratio is currently +31.44% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2024
PSA previous annual earnings announcement was published on Dec 31, 2024

Next Annual Earnings Report Date

N/A
PSA next annual earnings announcement has not yet been scheduled

OtherPSAdividend metrics

Annual Dividend Per Share

$12.00
PSA annual dividend per share is $12.00

Annual Dividend Yield

4.08%
PSA annual dividend yield is 4.08%

Annual Dividends Paid

$2.30B
PSA annual dividends paid is $2.30 billion

Annual Net Income

$2.08B
PSA annual net profit is $2.08 billion

TTM Payout Ratio:

130.93%0.00%(0.00%)
101 min ago

Summary

  • As of today, PSA TTM payout ratio is 130.93%, unchanged on October 10, 2025.
  • Over the past year, PSA TTM payout ratio has increased by +6.55% (+5.27%).
  • PSA TTM payout ratio is now -93.62% below its all-time high of 2053.39%.

Performance

3-Month Change

0%

1-Year Change

+5.27%

3-Year Change

+68.23%

5-Year Change

+6.24%

PSA TTM Payout Ratio Chart

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Highlights

Sector Percentile

74.37%
PSA TTM payout ratio is higher than 74.37% of companies in Real Estate sector

Range

All-Time High

2053.39%
PSA TTM payout ratio is currently -93.62% below its historical high of 2053.39%

3-Year Low

42.53%
PSA TTM payout ratio is currently +207.85% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

N/A
PSA has not yet announced its earnings

Next Quarterly Earnings Report Date

N/A
PSA next earnings announcement has not yet been scheduled

OtherPSAdividend metrics

TTM Dividend Per Share

$12.00
PSA TTM dividend per share is $12.00

TTM Dividend Yield

4.08%
PSA TTM dividend yield is 4.08%

TTM Dividends Paid

$2.30B
PSA TTM dividends paid is $2.30 billion

TTM Net Income

$1.82B
PSA TTM net profit is $1.82 billion

Quarterly Payout Ratio:

159.33%+19.15%(+13.66%)
June 30, 2025

Summary

  • As of today, PSA quarterly payout ratio is 159.33%, with the most recent change of +19.15% (+13.66%) on June 30, 2025.
  • Over the past year, PSA quarterly payout ratio has increased by +49.09% (+44.53%).
  • PSA quarterly payout ratio is now -37.92% below its all-time high of 256.67%, reached on March 31, 2007.

Performance

3-Month Change

+13.66%

1-Year Change

+44.53%

3-Year Change

+161.67%

5-Year Change

+20.27%

PSA Quarterly Payout Ratio Chart

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Highlights

Sector Percentile

80.37%
PSA quarterly payout ratio is higher than 80.37% of companies in Real Estate sector

Range

All-Time High

256.67%
PSA quarterly payout ratio is currently -37.92% below its historical high of 256.67%

3-Year Low

93.10%
PSA quarterly payout ratio is currently +71.14% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Jun 30, 2025
PSA previous earnings announcement was published on Jun 30, 2025

Next Quarterly Earnings Report Date

Oct 29, 2025
PSA next earnings announcement is scheduled for Oct 29, 2025

OtherPSAdividend metrics

Dividend Per Share

$3.00
PSA last dividend was $3.00 per share, with an ex-dividend date of September 15, 2025

TTM Dividend Yield

4.08%
PSA TTM dividend yield is 4.08%

Quarterly Dividends Paid

$575.85M
PSA quarterly dividends paid is $575.85 million

Quarterly Net Income

$361.41M
PSA quarterly net profit is $361.41 million

Payout Ratio Formula

Payout Ratio =  Dividends Paid
Net Income x 100%

Annual Payout Ratio

110.44%
PSA annual payout ratio is 110.44%

Annual Dividends Paid

$2.30B
PSA annual dividends paid is $2.30 billion

Annual Net Income

$2.08B
PSA annual net profit is $2.08 billion

PSA Payout Ratio Trends

PeriodPeriodAnnualAnnualTTMTTMQuarterlyQuarterly
1Y1 Year+3.5%+5.3%+44.5%
3Y3 Years+31.4%+68.2%+161.7%
5Y5 Years+1.7%+6.2%+20.3%

PSA Payout Ratio Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowTTM vs HighTTM vs HighTTM vs LowTTM vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Yearat high+31.4%at high+207.8%at high+71.1%
5Y5-Year-10.5%+31.4%-19.7%+207.8%at high+161.7%
All-TimeAll-Time-37.6%+71.6%-93.6%+127.2%-37.9%+112.6%

PSA Payout Ratio History

DateAnnualTTMQuarterly
Oct 2025
-
130.93%(0.0%)
-
Jun 2025
-
130.93%(+9.9%)
159.33%(+13.7%)
Mar 2025
-
119.17%(+5.6%)
140.18%(+50.6%)
Dec 2024
110.44%(+3.5%)
112.81%(-9.3%)
93.10%(-29.9%)
Sep 2024
-
124.38%(+10.7%)
132.72%(+20.4%)
Jun 2024
-
112.35%(+3.1%)
110.24%(-2.2%)
Mar 2024
-
108.92%(+0.5%)
112.72%(-13.6%)
Dec 2023
106.72%(+19.2%)
108.43%(+7.5%)
130.45%(+39.6%)
Sep 2023
-
100.85%(+132.9%)
93.46%(-5.7%)
Jun 2023
-
43.31%(-49.5%)
99.16%(-10.4%)
Mar 2023
-
85.69%(+5.1%)
110.73%(+14.9%)
Dec 2022
89.53%(+6.6%)
81.51%(+4.7%)
96.39%(-1.2%)
Sep 2022
-
77.83%(+14.2%)
97.53%(+60.2%)
Jun 2022
-
68.15%(-12.3%)
60.89%(-21.3%)
Mar 2022
-
77.75%(-4.1%)
77.40%(+17.5%)
Dec 2021
84.02%(-31.9%)
81.10%(-15.2%)
65.90%(-21.8%)
Sep 2021
-
95.61%(-13.2%)
84.23%(-15.9%)
Jun 2021
-
110.12%(-7.7%)
100.13%(+5.6%)
Mar 2021
-
119.36%(-6.2%)
94.79%(-25.7%)
Dec 2020
123.45%(+13.7%)
127.21%(+3.2%)
127.61%(-0.6%)
Sep 2020
-
123.24%(+8.0%)
128.39%(-3.1%)
Jun 2020
-
114.13%(+4.9%)
132.48%(+16.6%)
Mar 2020
-
108.77%(-0.8%)
113.64%(+6.7%)
Dec 2019
108.59%(+12.7%)
109.70%(+16.0%)
106.47%(+3.2%)
Sep 2019
-
94.60%(-1.0%)
103.16%(-7.9%)
Jun 2019
-
95.52%(+2.9%)
112.04%(-1.1%)
Mar 2019
-
92.82%(-0.9%)
113.26%(+62.2%)
Dec 2018
96.38%(-17.3%)
93.66%(-13.1%)
69.82%(-36.3%)
Sep 2018
-
107.81%(-3.3%)
109.67%(+7.3%)
Jun 2018
-
111.50%(-5.7%)
102.25%(-15.3%)
Mar 2018
-
118.25%(-0.6%)
120.76%(+14.0%)
Dec 2017
116.61%(+9.1%)
118.91%(+1.7%)
105.92%(-11.8%)
Sep 2017
-
116.96%(+5.1%)
120.13%(+0.8%)
Jun 2017
-
111.25%(+3.0%)
119.15%(-2.8%)
Mar 2017
-
108.02%(+0.8%)
122.59%(+22.0%)
Dec 2016
106.85%(+2.7%)
107.21%(-0.2%)
100.50%(-3.1%)
Sep 2016
-
107.38%(-1.6%)
103.76%(-4.0%)
Jun 2016
-
109.15%(+0.0%)
108.04%(-8.1%)
Mar 2016
-
109.14%(+1.9%)
117.57%(+21.4%)
Dec 2015
104.05%(-0.3%)
107.11%(+3.1%)
96.84%(-7.1%)
Sep 2015
-
103.88%(+0.9%)
104.27%(-7.9%)
Jun 2015
-
102.99%(+0.5%)
113.16%(-1.5%)
Mar 2015
-
102.44%(-4.0%)
114.88%(+31.7%)
Dec 2014
104.40%(+0.8%)
106.67%(-4.4%)
87.21%(-15.0%)
Sep 2014
-
111.55%(+2.7%)
102.63%(-5.0%)
Jun 2014
-
108.57%(+1.6%)
108.01%(-16.4%)
Mar 2014
-
106.85%(+1.5%)
129.25%(+31.0%)
Dec 2013
103.54%(-6.5%)
105.32%(+2.0%)
98.69%(+5.1%)
Sep 2013
-
103.23%(-1.8%)
93.89%(-8.4%)
Jun 2013
-
105.16%(-6.6%)
102.48%(-17.8%)
Mar 2013
-
112.64%(-2.0%)
124.67%(+35.7%)
Dec 2012
110.78%(+9.0%)
114.90%(-3.5%)
91.87%(-2.5%)
Sep 2012
-
119.01%(-8.6%)
94.24%(-22.2%)
Jun 2012
-
130.16%(+3.8%)
121.11%(+2.7%)
Mar 2012
-
125.40%(+13.0%)
117.96%(+20.5%)
Dec 2011
101.66%(-11.6%)
110.94%(-3.6%)
97.86%(-13.7%)
Sep 2011
-
115.13%(+17.5%)
113.41%(+8.5%)
Jun 2011
-
97.95%(-7.9%)
104.54%(+13.7%)
Mar 2011
-
106.31%(-18.1%)
91.93%(-10.6%)
Dec 2010
114.99%(+43.0%)
129.79%(+8.5%)
102.78%(+29.1%)
Sep 2010
-
119.66%(+7.9%)
79.60%(-48.2%)
Jun 2010
-
110.87%(+32.1%)
153.72%(-13.0%)
Mar 2010
-
83.94%(+32.8%)
176.62%(+107.3%)
Dec 2009
80.41%(+1.6%)
63.22%(-20.9%)
85.21%(+29.5%)
Sep 2009
-
79.96%(-17.4%)
65.79%(-12.3%)
Jun 2009
-
96.82%(-13.8%)
75.03%(-28.8%)
Mar 2009
-
112.36%(+67.8%)
105.45%(-37.2%)
Dec 2008
79.18%(-40.5%)
66.96%(+26.6%)
167.80%(+46.8%)
Sep 2008
-
52.91%(+4.6%)
114.28%(-3.3%)
Jun 2008
-
50.56%(-5.5%)
118.18%(+271.2%)
Mar 2008
-
53.48%(-68.9%)
31.84%(-65.9%)
Dec 2007
133.10%(-24.8%)
171.94%(-90.0%)
93.34%(-6.0%)
Sep 2007
-
1722.65%(+457.6%)
99.35%(-48.6%)
Jun 2007
-
-481.70%(-123.5%)
193.18%(-24.7%)
Mar 2007
-
2053.39%(+564.2%)
256.67%(+120.2%)
Dec 2006
177.09%
309.17%(+153.9%)
-1267.96%(-635.7%)
DateAnnualTTMQuarterly
Sep 2006
-
121.78%(+41.3%)
236.69%(+157.0%)
Jun 2006
-
86.17%(-2.9%)
92.09%(-7.2%)
Mar 2006
-
88.70%(-4.4%)
99.26%(+2.6%)
Dec 2005
95.72%(-2.7%)
92.74%(-1.9%)
96.79%(+8.0%)
Sep 2005
-
94.52%(-11.8%)
89.65%(-0.9%)
Jun 2005
-
107.14%(-6.0%)
90.48%(-12.2%)
Mar 2005
-
113.92%(+10.8%)
103.10%(+51.4%)
Dec 2004
98.38%(-5.6%)
102.86%(-11.4%)
68.11%(-33.1%)
Sep 2004
-
116.13%(+1.3%)
101.86%(-1.8%)
Jun 2004
-
114.65%(-1.9%)
103.69%(+18.6%)
Mar 2004
-
116.88%(-17.5%)
87.44%(+0.3%)
Dec 2003
104.25%(+0.3%)
141.73%(-1.6%)
87.18%(-14.4%)
Sep 2003
-
144.00%(-6.4%)
101.83%(-4.8%)
Jun 2003
-
153.85%(-3.4%)
106.96%(-11.2%)
Mar 2003
-
159.29%(+8.8%)
120.42%(+11.1%)
Dec 2002
103.97%(+12.5%)
146.34%(+11.4%)
108.37%(-8.8%)
Sep 2002
-
131.39%(-10.8%)
118.85%(+10.3%)
Jun 2002
-
147.26%(+18.9%)
107.73%(+10.6%)
Mar 2002
-
123.87%(+11.4%)
97.43%(+22.1%)
Dec 2001
92.38%(-9.8%)
111.18%(+30.2%)
79.81%(-44.7%)
Sep 2001
-
85.38%(-3.7%)
144.22%(+73.9%)
Jun 2001
-
88.62%(-2.4%)
82.95%(+20.5%)
Mar 2001
-
90.80%(0.0%)
68.86%(+3.3%)
Dec 2000
102.37%(+49.5%)
90.80%(-11.0%)
66.65%(-56.8%)
Sep 2000
-
102.07%(+18.0%)
154.37%(+131.5%)
Jun 2000
-
86.49%(+2.7%)
66.67%(-45.7%)
Mar 2000
-
84.21%(0.0%)
122.75%(+83.3%)
Dec 1999
68.48%(-5.4%)
84.21%(+41.6%)
66.96%(+3.1%)
Sep 1999
-
59.46%(-2.0%)
64.92%(-4.2%)
Jun 1999
-
60.69%(-4.8%)
67.75%(-10.4%)
Mar 1999
-
63.77%(-5.8%)
75.63%(+0.5%)
Dec 1998
72.42%(-21.0%)
67.69%(-8.5%)
75.22%(+5.2%)
Sep 1998
-
73.95%(-8.4%)
71.47%(-3.2%)
Jun 1998
-
80.73%(-16.5%)
73.85%(-9.6%)
Mar 1998
-
96.70%(0.0%)
81.73%(-27.4%)
Dec 1997
91.72%(+9.6%)
96.70%(+5.5%)
112.53%(-3.3%)
Sep 1997
-
91.67%(+3.1%)
116.34%(+54.3%)
Jun 1997
-
88.89%(+13.1%)
75.40%(-43.8%)
Mar 1997
-
78.57%(-1.8%)
134.28%(+174.3%)
Dec 1996
83.67%(-6.1%)
80.00%(-9.1%)
48.96%(-60.4%)
Sep 1996
-
88.00%(-4.0%)
123.76%(+60.3%)
Jun 1996
-
91.67%(-1.0%)
77.19%(-30.9%)
Mar 1996
-
92.63%(0.0%)
111.76%(+2.6%)
Dec 1995
89.10%(+20.7%)
92.63%(-36.9%)
108.90%(+19.3%)
Sep 1995
-
146.79%(+2.8%)
91.28%(+35.3%)
Jun 1995
-
142.74%(+4.5%)
67.47%(-47.6%)
Mar 1995
-
136.62%(+1.2%)
128.79%(+35.7%)
Dec 1994
73.83%(+1.8%)
135.03%(+100.0%)
94.90%(+11.2%)
Sep 1994
-
67.52%(-1.6%)
85.32%(+1.2%)
Jun 1994
-
68.62%(-3.3%)
84.31%(-14.7%)
Mar 1994
-
70.94%(-1.7%)
98.85%(+9.5%)
Dec 1993
72.51%(-7.2%)
72.16%(-21.8%)
90.24%(+0.4%)
Sep 1993
-
92.31%(+1.1%)
89.87%(-1.6%)
Jun 1993
-
91.30%(-1.1%)
91.30%(-4.9%)
Mar 1993
-
92.31%(-2.2%)
96.00%(-6.2%)
Dec 1992
78.11%(-8.8%)
94.38%(0.0%)
102.33%(+28.6%)
Sep 1992
-
94.38%(-5.6%)
79.55%(-13.0%)
Jun 1992
-
100.00%(-3.6%)
91.43%(-11.5%)
Mar 1992
-
103.75%(+1.2%)
103.33%(+3.3%)
Dec 1991
85.65%(+33.1%)
102.50%(+3.8%)
100.00%(0.0%)
Sep 1991
-
98.78%(+8.7%)
100.00%(-3.3%)
Jun 1991
-
90.91%(+3.4%)
103.45%(+3.5%)
Mar 1991
-
87.91%(+40.7%)
100.00%(+11.5%)
Dec 1990
64.35%(-59.0%)
62.50%(-10.2%)
89.66%(+20.9%)
Sep 1990
-
69.57%(-18.0%)
74.19%(-15.7%)
Jun 1990
-
84.82%(-13.6%)
88.00%(+533.5%)
Mar 1990
-
98.21%(-28.4%)
13.89%
Dec 1989
156.88%(+7.2%)
137.25%(+3.9%)
-
Dec 1988
146.34%(+5.2%)
132.08%(-5.7%)
-
Dec 1987
139.15%(+7.5%)
140.00%(-9.8%)
-
Dec 1986
129.46%(-17.9%)
155.14%(+14.7%)
-
Dec 1985
157.59%(+36.0%)
135.25%(>+9900.0%)
-
Dec 1984
115.88%(-6.3%)
0.00%(0.0%)
-
Dec 1983
123.70%(-14.5%)
0.00%(0.0%)
-
Dec 1982
144.76%(+35.8%)
0.00%(0.0%)
-
Dec 1981
106.59%
0.00%
-

FAQ

  • What is Public Storage annual payout ratio?
  • What is the all-time high annual payout ratio for Public Storage?
  • What is Public Storage annual payout ratio year-on-year change?
  • What is Public Storage TTM payout ratio?
  • What is the all-time high TTM payout ratio for Public Storage?
  • What is PSA TTM payout ratio year-to-date change?
  • What is Public Storage TTM payout ratio year-on-year change?
  • What is Public Storage quarterly payout ratio?
  • What is the all-time high quarterly payout ratio for Public Storage?
  • What is Public Storage quarterly payout ratio year-on-year change?

What is Public Storage annual payout ratio?

The current annual payout ratio of PSA is 110.44%

What is the all-time high annual payout ratio for Public Storage?

Public Storage all-time high annual payout ratio is 177.09%

What is Public Storage annual payout ratio year-on-year change?

Over the past year, PSA annual payout ratio has changed by +3.72% (+3.49%)

What is Public Storage TTM payout ratio?

The current TTM payout ratio of PSA is 130.93%

What is the all-time high TTM payout ratio for Public Storage?

Public Storage all-time high TTM payout ratio is 2053.39%

What is PSA TTM payout ratio year-to-date change?

Public Storage TTM payout ratio has changed by +18.12% (+16.06%) since the beginning of the year

What is Public Storage TTM payout ratio year-on-year change?

Over the past year, PSA TTM payout ratio has changed by +6.55% (+5.27%)

What is Public Storage quarterly payout ratio?

The current quarterly payout ratio of PSA is 159.33%

What is the all-time high quarterly payout ratio for Public Storage?

Public Storage all-time high quarterly payout ratio is 256.67%

What is Public Storage quarterly payout ratio year-on-year change?

Over the past year, PSA quarterly payout ratio has changed by +49.09% (+44.53%)
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