Public Storage (PSA) Dividend Coverage Ratio (2009 - 2026)
Public Storage's Dividend Coverage Ratio came in at 0.78 for Q2 2026, up 45.6% from 0.54 a year earlier but down 5.6% from the prior quarter.
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Analysis
Public Storage (PSA) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Public Storage reported Dividend Coverage Ratio of 0.80, up 14.4% year-over-year; for FY2025, it was 0.69, down 15.4% from FY2024.
- Dividend Coverage Ratio has declined in each of the last four years.
- Going back by year, Dividend Coverage Ratio was 0.81 in FY2024 (-3.8%), 0.85 in FY2023 (-20.2%), 1.06 in FY2022 (-2.8%) and 1.09 in FY2021 (+59.5%).
- The five-year range for quarterly Dividend Coverage Ratio is 0.54 (Q2 2025) to 1.51 (Q2 2022).
- Year-over-year, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 4.7%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2021 (growth of 90.6%), and the weakest in Q2 2023 (a decline of 39.2%).
- Business Quant data shows PSA's Dividend Coverage Ratio at 0.83 (Q1 2026), 0.79 (Q4 2025) and 0.80 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 0.45 |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 0.78 |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 0.28 |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 0.77 |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 1.08 |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Invitation Homes | 15.68 Bn | 15.72 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.78 |
| Mar 31, 2026 | 0.83 |
| Dec 31, 2025 | 0.79 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.98 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.00 |
| Jun 30, 2022 | 1.51 |
| Mar 31, 2022 | 1.16 |
| Dec 31, 2021 | 1.40 |
| Sep 30, 2021 | 1.11 |
API Access
Public Storage Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();