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NYSE:PSA 209.48 +1.62 (+0.78%) Volume: 1,004,064 Refresh Minimum 20 minute delay. December 2, 2016

2016 Results

October 26, 2016 Public Storage Reports Results for the Three and Nine Months Ended September 30, 2016 and Increases Quarterly Common Dividend by 11% to $2.00 Per Share
Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2016 . Operating Results for the Three Months Ended September 30, 2016 For the three months ended September 30, 2016 , net income allocable to our common shareholders was $309.0 million or $1.78 per diluted common share, compared to $273.5 million or $1.58 in 2015 representing an increase of $35.5 million or $0.20 . The increase is primarily due to (i) a $28.3 million increase in self-storage net operating income (described below) and (ii) an $8.0 million decrease in income allocated to preferred shareholders. The $28.3 million increase in self-storage net operating income is a result of an $18.1 million increase in our Same Store Facilities (as defined below) and a $10.2 million increase in our Non Same Store Facilities (as defined below). Revenues for the Same Store Facilities increased 5.1% or $26.6 million in the three months ended September 30, 2016 as compared to 2015,...
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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.