Public Storage (PSA) Yield on Cost (YOC): 3.71%
The yield on cost (YOC) for Public Storage (PSA) is 3.71%.
PSA Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
3.71%
Yield on Cost for PSA
PSA now pays $12.00 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-08) | $252.00 | 4.76% |
| 5 years ago(2021-06-04) | $288.71 | 4.16% |
| 3 years ago(2023-06-06) | $280.01 | 4.29% |
| 1 year ago(2025-06-10) | $304.02 | 3.95% |
| Buying today(at $323.87) | $323.87 | 3.71% |
If you buy today and the dividend keeps growing
Projection: starting from today's 3.71% yield, assuming the dividend keeps compounding at its historical 8.4% rate. Boards set dividends each year, so actual figures will differ.
Today
3.71%
In 3 years
5.56%
In 5 years
7.28%
In 10 years
14.31%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Public Storage (PSA).
Starting Yield
3.71%
Ending YOC
12.51%
Year 15 Dividend
$40.52
Cum. Dividends Recd.
$365.98
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $12.00 | — | 3.71% | $0.00 |
| Year 1 | $13.01 | +8.45% | 4.02% | $13.01 |
| Year 2 | $14.11 | +8.45% | 4.36% | $27.13 |
| Year 3 | $15.31 | +8.45% | 4.73% | $42.43 |
| Year 4 | $16.60 | +8.45% | 5.13% | $59.03 |
| Year 5 | $18.00 | +8.45% | 5.56% | $77.04 |
| Year 6 | $19.52 | +8.45% | 6.03% | $96.56 |
| Year 7 | $21.17 | +8.45% | 6.54% | $117.73 |
| Year 8 | $22.96 | +8.45% | 7.09% | $140.70 |
| Year 9 | $24.90 | +8.45% | 7.69% | $165.60 |
| Year 10 | $27.01 | +8.45% | 8.34% | $192.61 |
| Year 11 | $29.29 | +8.45% | 9.04% | $221.89 |
| Year 12 | $31.76 | +8.45% | 9.81% | $253.66 |
| Year 13 | $34.45 | +8.45% | 10.64% | $288.11 |
| Year 14 | $37.36 | +8.45% | 11.54% | $325.47 |
| Year 15 | $40.52 | +8.45% | 12.51% | $365.98 |
Public Storage Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Public Storage Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Public Storage (PSA)?
- The yield on cost (YOC) for PSA stock is 3.71%.
About Public Storage
Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- H. Thomas Boyle