Public Storage (PSA) Dividend Coverage Ratio (2009 - 2026)
Public Storage's Dividend Coverage Ratio came in at 9.20 for Q3 2026, compared with 0.80 a year earlier.
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Analysis
Public Storage (PSA) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Public Storage reported Dividend Coverage Ratio of 0.96, up 31.0% 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 Q3 2026 figure represents the highest quarterly Dividend Coverage Ratio in data going back to Q1 2009.
- Year-over-year, Dividend Coverage Ratio increased in four of the last seven quarters, with growth averaging 9.9%.
- 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 0.78 (Q2 2026), 0.83 (Q1 2026) and 0.79 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | - |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 3.97 |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 9.20 |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 0.53 |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 0.24 |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 0.53 |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | - |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 0.73 |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.20 |
| 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 |
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();