PS Business Parks (NYSE: PSB) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 25% increase from the prior dividend of $0.60.

The dividend will be payable on March 31, 2016, to stockholders of record on March 16, 2016, with an ex-dividend date of March 14, 2016.

The annual yield on the dividend is 3.4 percent.

For a dividend history and other dividend-related data on PS Business Parks (PSB) click here.