PS Business Parks Cumulative Preferred Stock, Series T Ex-Dividend Reminder

On 12/11/14, PS Business Parks, Inc's 6.00% Cumulative Preferred Stock, Series T (NYSE: PSB.PRT) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 12/30/14. As a percentage of PSB.PRT's recent share price of $24.52, this dividend works out to approximately 1.53%, so look for shares of PSB.PRT to trade 1.53% lower — all else being equal — when PSB.PRT shares open for trading on 12/11/14. On an annualized basis, the current yield is approximately 6.12%, which compares to...