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This Top 4%-Yielding Dividend Stock Believes It's a Great Buy Right Now
PSAPublic Storage(PSA) The Motley Fool·2024-08-04 12:48

Public Storage has been buying back its attractively valued stock. Public Storage (PSA 3.94%) is one of the top companies in the real estate investment trust (REIT) space. It's the industry leader in the self-storage sector, with 3,369 properties comprising 243 million square feet of rentable space across 40 states. Like most REITs, Public Storage is known more for using its free cash flow to pay dividends (it currently yields 4%, well above the S&P 500's 1.3% average). However, the top self-storage REIT be ...