PS Business Parks (PSB) Declares $4.60 Special Dividend; 2.6% Yield

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Go back to PS Business Parks (PSB) Declares $4.60 Special Dividend; 2.6% Yield

PS Business Parks, Inc. Announces Special Dividend to Be Paid in the Fourth Quarter 2021

December 1, 2021 4:05 PM EST

GLENDALE, Calif.--(BUSINESS WIRE)-- PS Business Parks, Inc. (NYSE: PSB) today announced that its Board of Directors recently declared a one-time dividend of $4.60 per share of common stock, payable on December 30, 2021 to stockholders of record on December 15, 2021. This one-time dividend distribution will be paid in addition to the previously announced quarterly dividend of $1.05 per share of common stock, also payable on December 30, 2021 to stockholders of record on December 15, 2021.

We are pleased to announce the declaration of a special dividend to be paid in the fourth quarter, providing a meaningful return to our... More