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Public Storage dividend history

Public Storage's dividend was $5.60 a share in fiscal 2014, up 8.7% on the year before. That was 84.6% of net income. It has raised its dividend per share every year since fiscal 2009, as far back as our figures go.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$200M
Diluted share count
+1.4%
year over year

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Dividend per share$2.20$3.05$3.65$4.40$5.15$5.60————————————
Dividend per share growth—+38.6%+19.7%+20.5%+17.0%+8.7%————————————
Dividends paid372517621754887968————————————
Share buybacks0————————————002000—
Dividends ÷ net income44.5%76.9%75.4%80.3%84.3%84.6%————————————
Dividends ÷ free cash flow35.4%50.9%54.8%61.9%65.2%63.6%————————————

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from Public Storage's SEC filings (10-K and 10-Q), retrieved October 27, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Public Storage.