Preferred Securities
| Preferred Securities | The following lists the series of Preferred Shares ($25 per depositary share Liquidation value) that currently trade on the New York Stock Exchange, including the ticker symbol, distribution rate, annual dividend per share and date upon which such shares first will be subject to redemption at our option. Click the PDF icon for the corresponding prospectus supplement.
| | | | | | | | | | | | | NYSE ticker
symbol | | Distribution rate | | Annual dividend per depositary share | | Date first redeemable | | Prospectus supplement
| | Depositary Shares Representing 1/1000 of a 6.875% Cumulative Preferred Share, Series O $.01 par value | | PSAPrO | | 6.875% | | $1.71875 | | Apr 15, 2015 | | PDF | | Depositary Shares Representing 1/1000 of a 6.500% Cumulative Preferred Share, Series P $.01 par value | | PSAPrP | | 6.500% | | $1.625 | | Oct 07, 2015 | | PDF | | Depositary Shares Representing 1/1000 of a 6.500% Cumulative Preferred Share, Series Q $.01 par value | | PSAPrQ | | 6.500% | | $1.625 | | Apr 14, 2016 | | PDF | | Depositary Shares Representing 1/1000 of a 6.35% Cumulative Preferred Share of Beneficial Interest, Series R $0.01 par value | | PSAPrR | | 6.3500% | | $1.5875 | | Jul 26, 2016 | | PDF | |
| Depositary Shares Representing 1/1000 of a 5.90% Cumulative Preferred Share of Beneficial Interest, Series S $0.01 par value | | PSAPrS | | 5.900% | | $1.475 | | Jan 12 , 2017 | | PDF | | Depositary Shares Representing 1/1000 of a 5.75% Cumulative Preferred Share of Beneficial Interest, Series T $0.01 par value | | PSAPrT | | 5.750% | | $1.4375 | | Mar 13 , 2017 | | PDF | | Depositary Shares Representing 1/1000 of a 5.625% Cumulative Preferred Share of Beneficial Interest, Series U $0.01 par value | | PSAPrU | | 5.625% | | $1.40625 | | Jun 15 , 2017 | | PDF | |
| Depositary Shares Representing 1/1000 of a 5.375% Cumulative Preferred Share of Beneficial Interest, Series V $0.01 par value | | PSAPrV | | 5.375% | | $1.34375 | | Sep 20 , 2017 | | PDF | | Depositary Shares Representing 1/1000 of a 5.20% Cumulative Preferred Share of Beneficial Interest, Series W $0.01 par value | | PSAPrW | | 5.20% | | $1.30 | | Jan 16 , 2018 | | PDF | | Depositary Shares Representing 1/1000 of a 5.20% Cumulative Preferred Share of Beneficial Interest, Series X $0.01 par value | | PSAPrX | | 5.20% | | $1.30 | | Mar 13 , 2018 | | PDF | | | | | | | | | | | | | | | | | | | Ranking. The Preferred Shares of each series rank, with respect to distribution rights and rights upon liquidation, dissolution or winding up of our affairs: | | (1) senior to our common shares, any future equity shares and any future series of Preferred Shares ranking junior to the outstanding Preferred Shares; and | | (2) on a parity with all other Preferred Shares issued or reserved for issuance in the future. |
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