Public Storage (PSA) Yield on Cost (YOC): 3.70%
The yield on cost (YOC) for Public Storage (PSA) is 3.70%.
PSA Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
3.70%
Forward Yield on Cost Projections
If you buy PSA today at the current stock price of $323.96 with a yield of 3.70% and dividends continue to grow at the historical rate (8.4% CAGR), your YOC would be:
Current Yield
3.70%
YOC in 3 Years
5.56%
YOC in 5 Years
7.28%
YOC in 10 Years
14.31%
Interactive Yield on Cost Calculator
Project custom investment returns for Public Storage (PSA) based on your custom cost basis.
Starting Yield
3.70%
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 | — | 3.70% | $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% | 4.72% | $42.43 |
| Year 4 | $16.60 | +8.45% | 5.12% | $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% | 9.80% | $253.66 |
| Year 13 | $34.45 | +8.45% | 10.63% | $288.11 |
| Year 14 | $37.36 | +8.45% | 11.53% | $325.47 |
| Year 15 | $40.52 | +8.45% | 12.51% | $365.98 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Public Storage Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
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 3.70%.
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