Public Storage (NYSE:PSA) has outperformed the market over the past 20 years by 1.14% on an annualized basis producing an average annual return of 9.44%. Currently, Public Storage has a market capitalization of $50.15 billion.
Buying $100 In PSA: If an investor had bought $100 of PSA stock 20 years ago, it would be worth $613.12 today based on a price of $285.39 for PSA at the time of writing.
Public Storage's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.