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Public Storage - PSA STOCK NEWS

Welcome to our dedicated page for Public Storage news (Ticker: PSA), a resource for investors and traders seeking the latest updates and insights on Public Storage stock.

Public Storage (PSA) is a leading real estate investment trust specializing in self-storage solutions across the United States and Europe. This page serves as your centralized source for official company announcements, financial updates, and industry-related news.

Investors and stakeholders can track PSA's latest developments through press releases covering quarterly earnings, facility expansions, strategic partnerships, and operational milestones. Our curated collection ensures access to verified information directly from the company and trusted financial sources.

Key news categories include financial performance reports, acquisition activities, management updates, and market positioning strategies. Each update is organized to provide clear context while maintaining compliance with financial disclosure standards.

Bookmark this page for real-time access to Public Storage's evolving story. Check back regularly to stay informed about the company's operational decisions and their impact within the competitive self-storage sector.

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Public Storage (NYSE:PSA), a leading REIT and member of the S&P 500 and FT Global 500, has announced the release of its second quarter 2024 earnings results after market close on July 30, 2024. A conference call is scheduled for July 31, 2024, at 9:00 a.m. (PT) to discuss these results. The company will provide both domestic and international dial-in numbers for the live call and replay, as well as a webcast option. As of March 31, 2024, Public Storage had interests in 3,045 self-storage facilities across 40 U.S. states, totaling approximately 218 million net rentable square feet. Additionally, the company holds a 35% common equity interest in Shurgard Self Storage , which operates 279 facilities in seven Western European nations.

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Public Storage (NYSE: PSA) has released its 2024 Sustainability Report, highlighting key achievements and future goals. The company aims to reduce scope 1 and scope 2 greenhouse gas emissions by 45% by 2032, compared to 2022 levels. It plans to more than double its solar-powered properties to 1,300 by 2025 and expand community solar programs to over 160 properties, targeting low and moderate-income households. Public Storage has been recognized as a 'Leader in the Light' by Nareit for its exceptional sustainability practices and has earned a Great Place to Work Certification™ for the second consecutive year. The company also continues to engage in community giving programs and leadership development initiatives. CEO Joe Russell emphasized the role of their 6,200 team members in driving innovation and sustainability. The full report is available on the company's website.

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Public Storage (NYSE:PSA) declared a regular quarterly common dividend of $3.00 per share and dividends for preferred shares, payable on June 27, 2024. They operate self-storage facilities in the US and have a common equity interest in Shurgard Self Storage in Western Europe.

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Public Storage reported operating results for the three months ended March 31, 2024, showing a decrease in net income due to increased depreciation and interest expenses. However, there was an increase in self-storage net operating income. The company opened new facilities and completed expansion projects, with plans for further development. Public Storage also issued senior notes and completed a public offering. FFO and Core FFO per share increased from the same period in 2023. The company provided guidance for the full year 2024.

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Public Storage (NYSE:PSA) announces a $1.0 billion senior notes offering by its subsidiary PSOC. The offering consists of two tranches with different interest rates and maturity dates. The proceeds will be used for debt repayment and general corporate purposes, including acquisitions.
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Public Storage (NYSE:PSA) to Release First Quarter 2024 Earnings Results
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Public Storage (PSA) declares a regular quarterly common dividend of $3.00 per share and dividends for preferred shares. The dividends are payable on March 28, 2024. Public Storage is a REIT with interests in self-storage facilities in the US and Europe.
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Public Storage (NYSE:PSA) reported strong operating results for the fourth quarter and year ended December 31, 2023. The company achieved record revenues and net operating income, acquired the Simply Self Storage portfolio, and expanded its property portfolio. Despite notable financial gains, there were some concerning aspects in the PR.
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Public Storage (NYSE:PSA) plans to release its fourth quarter 2023 earnings results on February 20, 2024, and hold a conference call on February 21, 2024, to discuss the results. The company, a member of the S&P 500 and FT Global 500, primarily acquires, develops, owns, and operates self-storage facilities in the United States and Western Europe.
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Public Storage (NYSE:PSA) announced the tax treatment of the Company’s 2023 dividends. For the tax year ended December 31, 2023, distributions for the PSA common stock and all the various series of preferred stock were classified as follows: 2023 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Ordinary Dividends 100.0000% 100.0000% 100.0000% 100.0000% Capital Gain Distributions 0.0000% 0.0000% 0.0000% 0.0000% Total 100.0000% 100.0000% 100.0000% 100.0000%. The ordinary dividends are not “qualified dividend income.” For shareholders other than corporations, the ordinary dividends are “qualified REIT dividends” in determining qualified business income. Public Storage is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.
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NYSE:PSA

PSA Rankings

PSA Stock Data

51.93B
157.54M
10.18%
82.59%
1.86%
REIT - Industrial
Real Estate Investment Trusts
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United States
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