Public Storage: Preferred Shares Poised To Benefit From Lower Interest Rates

Public Storage demonstrates robust FFO and FAD, ensuring strong coverage of both common and preferred dividends. PSA's recent acquisition of National Storage is expected to be FFO-accretive, supporting ongoing dividend coverage and growth. I favor PSA's Series N preferred stock, offering a 6.45% yield and significant upside potential if interest rates decline. The REIT's low payout ratio, resilient balance sheet, and limited senior debt enhance the attractiveness of PSA's preferred shares. Looking for more investing ideas like this one? Get them exclusively at European Small-Cap Ideas. Learn More » SeventyFour/iStock via Getty Images Introduction Public Storage ( PSA ) is a large REIT, focusing on self-storage activities . The REIT owns more than 3,500 self-storage facilities in the United States for a total of almost 260 million net rentable This article was written by The Investment Doctor 23.94K Followers Follow The Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks. He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Features include: two model portfolios - the European Small Cap Ideas portfolio and the European REIT Portfolio, weekly updates, educational content to learn more about the European investing opportunities, and an active chat room to discuss the latest developments of the portfolio holdings. Learn more.