|Bid||219.61 x 900|
|Ask||236.50 x 1000|
|Day's Range||220.10 - 225.38|
|52 Week Range||155.37 - 240.75|
|Beta (5Y Monthly)||0.08|
|PE Ratio (TTM)||34.57|
|Earnings Date||Feb 23, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||8.00 (3.57%)|
|Ex-Dividend Date||Dec 14, 2020|
|1y Target Est||237.70|
In this article, we are going to list the 15 biggest real estate companies in the world. Click to skip ahead and jump to the 5 biggest real estate companies in the world. The real estate industry is a big business that generates hundreds of billions of dollars of revenue annually, and there are plenty of opportunities […]
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the "Company"), announced today that the Company has priced a public offering of $500 million aggregate principal amount of Senior Notes due 2026 (the "Notes"). The Notes will bear interest at an annual rate of 0.875%, will be issued at 99.817% of par value and will mature on February 15, 2026. Interest on the Notes is payable semi-annually on February 15 and August 15 of each year, commencing August 15, 2021. The offering is expected to close on January 19, 2021, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds to make investments in self-storage facilities and in entities that own self-storage facilities, for the development of self-storage facilities and for general corporate purposes, including the redemption of its preferred shares.
The agreement will allow the real estate investment trust to avoid a proxy fight. Elliott disclosed a stake in the storage firm last month.