Calculating $100 Monthly Income from Public Storage Stock

Reported about 1 month ago

To earn $100 a month from Public Storage stock (NYSE: PSA), an investment of approximately $33,994, equating to about 100 shares at a price of $339.77 each, is needed based on a dividend yield of 3.53%. The company's quarterly earnings report is anticipated on October 30, with analysts projecting a decrease in EPS compared to the previous year, while revenues are expected to rise. Despite some competition impacts on rental income, management remains optimistic about the company's outlook.

Source: YAHOO

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