Information
Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2025 dividends. For the tax year ended December 31, 2025, distributions for the PSA common stock and all the various series of preferred stock
Original sourceAI Summary
Public Storage has announced the tax treatment for its 2025 dividends, classifying 100% as ordinary income with no capital gain distributions expected. This transparency aids in tax reporting but may not alter investment sentiment significantly.
Sentiment Rationale
The confirmation of 100% ordinary dividends assures income maintenance, potentially stabilizing or boosting stock demand among income-focused investors. Historical trends show stable dividends often correlate with bullish sentiment.
Trading Thesis
Consider holding or accumulating PSA as unchanged dividend classification maintains income appeal.
Market-Moving
- Confirmation of 100% ordinary dividend may attract yield-focused investors.
- Lack of capital gains distributions keeps dividend focus on income stability.
- Positive tax classifications can enhance investor sentiment.
- Detailed reporting aids tax preparations, potentially improving investor confidence.
Key Facts
- PSA confirmed tax treatment of 2025 dividends.
- Ordinary dividends will be classified as 100% ordinary income.
- No capital gain distributions expected for 2025.
- This information assists with Form 1099 distributions.
- No major changes in tax classifications anticipated.
Companies Mentioned
- Shurgard Self Storage Limited (SHUR): PSA owns a 35% interest, enhancing its portfolio diversification.
Earnings
This news fits under 'Earnings' as it relates to the classification of dividends. Clear dividend reporting can directly influence investor behavior and expectations for income generation.
Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2025 dividends. For the tax year ended December 31, 2025, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:
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2025 |
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1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
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Ordinary Dividends |
100.0000% |
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100.0000% |
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100.0000% |
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100.0000% |
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Capital Gain Distributions |
0.0000% |
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0.0000% |
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0.0000% |
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0.0000% |
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Total |
100.0000% |
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100.0000% |
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100.0000% |
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100.0000% |
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The ordinary dividends are not "qualified dividend income." For shareholders other than corporations, the ordinary dividends are "qualified REIT dividends" in determining qualified business income.
This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions. No material change in the classification is expected.
If you have questions, please consult your tax advisor for further guidance.
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2025, we: (i) owned and/or operated 3,491 self-storage facilities located in 40 states with approximately 254 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 323 self-storage facilities located in seven Western European nations with approximately 18 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Glendale, California.
Additional information about Public Storage is available on the Company's website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260114072721/en/
Ryan Burke
(818) 244-8080, Ext. 1141