NEED HELP?
1-800-688-8057
Menu

Find Storage Now

Reserve Online &Save more

NYSE:PSA 217.97 +0.00 (+0%) Volume: 788,800 Refresh Minimum 20 minute delay. January 20, 2017

2016 Results

January 17, 2017 Public Storage Announces Tax Treatment of 2016 Dividends
Public Storage (NYSE:PSA) announced today the tax treatment of the Company’s 2016 dividends. For the tax year ended December 31, 2016 , 100% of distributions for the PSA common stock and all the various series of preferred stock were classified as ordinary income. The Company did not declare a capital gain distribution, nor did it have any undistributed long-term capital gain for 2016. The ordinary income dividends do not constitute “qualified dividend income.” This release is based on the preliminary results of work on the Company’s tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company’s distributions. No material change in the classification is expected. Alternative Minimum Tax Alternative minimum tax adjustments are to be apportioned between a real estate investment trust (“REIT”) and its shareholders under Internal Revenue Code Section...
Learn More

Investor Overview

Corporate Profile

Public Storage is the world’s largest owner and operator of self-storage facilities, serving over one million customers. Public Storage is a member of the S&P 500 and FT Global 500. Common and preferred stock for Public Storage trade on the New York Stock Exchange.