Founded in 1972, Public Storage (PSA) is a real estate investment trust (REIT) that engages in acquisition, development, ownership, and operation of self storage facilities. Today it operates in over 2,200 different locations in United States and in Europe. Based on number of tenants, Public Storage is among the largest landlords in the world.Public Storage is an attractive growth and income pick and has been on a tear since 2009.
I purchased 10 shares for the price of $154.66 adding $56 to my annual income.
The 12-month dividend income increased to $2,027.