Public Storage's Cumulative Preferred Share of Beneficial Interest, Series W Goes Ex-Dividend Soon

On 12/11/14, Public Storage's 5.20% Cumulative Preferred Share of Beneficial Interest, Series W (NYSE: PSA.PRW) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 12/30/14. As a percentage of PSA.PRW's recent share price of $23.23, this dividend works out to approximately 1.40%, so look for shares of PSA.PRW to trade 1.40% lower — all else being equal — when PSA.PRW shares open for trading on 12/11/14. On an annualized basis, the current yield is approximately 5.59%, wh...