PSB-Z PS Business Parks ADRs of 4.875% Cumulative Preferred Stock, Series Z

We will pay distributions on the Preferred Stock quarterly on March 31, June 30, September 30 and December 31 of each year, beginning on December 31, 2019 (with the payment on that date being based pro rata on the number of days from the original issuance of the Preferred Stock). On and after November 4, 2024, we may, at our option, redeem the Preferred Stock by paying you $25.00 per Depositary Share, plus any accrued and unpaid distributions.   This security was issued by PS Business Parks, Inc, whose common stock symbol is PSB.

$17.67  +0.01 (0.06%)
As of 06/29/2022 14:35:57 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REITóDiversified
Index country:  USA
Country of incorporation:  USA
IPO date:  11/27/2019
Outstanding shares:  12,000,000
Average volume:  45,739
Market cap:   $208,800,000
Current dividend yield:  7.00%    calculation
Coupon rate:    4.875%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   11/04/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BKRKN47

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