PSA dividend analysis

PSA dividend deep dive

Dividend snapshot for PSA: 7.50% yield, 65% payout, $25.88 annual distribution per share. The growth track record sits at 16 consecutive years of dividend hikes.

Safety inventory on PSA: 64/100 composite, anchored on the 70/100 Quality pillar. Fair-safety band on the framework.

Hold-and-reinvest math: PSA at 7.50% yield + 13.5% distribution growth produces 50.5% / 126.4% / 412.4% cumulative income at 5y / 10y / 20y horizons. Capital appreciation is separate.

Three sector peers anchor the PSA comparison: KO (5.00%), PG (1.50%), PEP (2.90%). The mean peer yield is 3.13%, against 7.50% on PSA. Use the relative position to size the income premium or discount in the thesis.

PSA payment timeline: ex-dividend 2026-03-01, pay date 2026-03-15. The next declaration is the catalyst for the next data point on the consecutive-growth streak, which currently stands at 16 years.

Income summary on PSA: 7.50% / 13.5% / 64. Three numbers — yield, growth, safety. The thesis hinges on whether the Quality pillar (70/100) holds through the next cycle.