Extra Space Storage Stock

Extra Space Storage Dividend 2024

Extra Space Storage Dividend

6.48 USD

Extra Space Storage Dividend yield

3.93 %

Ticker

EXR

ISIN

US30225T1025

WKN

A0B7S6

How much dividend does Extra Space Storage 2024 pay?

According to the latest status from November 2024, Extra Space Storage paid a total of 6.48 USD per share in dividends within the last 12 months. With the current Extra Space Storage price of 164.9 USD, this corresponds to a dividend yield of 3.93 %. A dividend is paid 4 times per year.

3.93 % Dividend Yield=
6.48 USD Dividend
164.9 USD Stock Price

Historical Extra Space Storage Dividends

A dividend is paid 4 times per year. Last year, the payout months were January, April, July, August and October.

PaydateDividend
1/16/20251.62
10/16/20241.62
7/14/20241.62
4/14/20241.62
1/14/20241.62
10/14/20230.61
8/12/20231.01
7/14/20231.62
4/14/20231.62
1/13/20231.5
10/14/20221.5
7/14/20221.5
4/14/20221.5
1/14/20221.25
10/14/20211.25
7/14/20211
4/12/20211
1/14/20210.9
10/14/20200.9
7/12/20200.9
1
2
3
4
...
5

Extra Space Storage dividend history and estimates

In 2023, Extra Space Storage paid a dividend amounting to 6.48 USD. Dividend means that Extra Space Storage distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Extra Space Storage provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Extra Space Storage’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Extra Space Storage's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Extra Space Storage Dividend History

DateExtra Space Storage Dividend
2029e6.63 undefined
2028e6.63 undefined
2027e6.64 undefined
2026e6.64 undefined
2025e6.6 undefined
2024e6.67 undefined
20236.48 undefined
20226 undefined
20214.5 undefined
20203.6 undefined
20193.56 undefined
20183.36 undefined
20173.12 undefined
20162.93 undefined
20152.24 undefined
20141.81 undefined
20131.45 undefined
20120.85 undefined
20110.56 undefined
20100.4 undefined
20090.38 undefined
20081 undefined
20070.93 undefined
20060.91 undefined
20050.91 undefined
20040.34 undefined

Is the Extra Space Storage Dividend Safe?

Extra Space Storage has been increasing the dividend for 14 years.

Over the past 10 years, Extra Space Storage has increased it by an annual 16.15 %.

Over a five-year period, the distribution increased by 14.037%.

Analysts expect a Dividend Increase of 1.481% for the current fiscal year.

Extra Space Storage dividend payout ratio

In 2023, Extra Space Storage had a payout ratio of 90.77%. The payout ratio indicates the percentage of the company's profits that Extra Space Storage distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Extra Space Storage represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Extra Space Storage could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Extra Space Storage's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Extra Space Storage Payout Ratio History

DateExtra Space Storage Payout ratio
2029e90.99 %
2028e91.45 %
2027e90.76 %
2026e90.76 %
2025e92.82 %
2024e88.68 %
202390.77 %
202299.01 %
202176.27 %
202097.04 %
2019115.96 %
2018108.04 %
201787.64 %
2016100.69 %
2015151.35 %
2014123.97 %
201394.77 %
201274.56 %
2011103.7 %
2010133.33 %
2009108.57 %
2008232.56 %
2007222.02 %
2006337.04 %
2005-650 %
2004-20.17 %

Dividend Details

Understanding Extra Space Storage's Dividend Distributions

Extra Space Storage’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Extra Space Storage's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Extra Space Storage's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Extra Space Storage’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Extra Space Storage Aktienanalyse

What does Extra Space Storage do?

Extra Space Storage Inc. is a US-based company founded in 1977, headquartered in Salt Lake City, Utah. Originally specializing in the management of industrial and commercial properties, the company has recently focused on the rental of storage space and self-storage solutions. The business model of Extra Space Storage is based on satisfying tenants with the required amount of storage space and a high level of service while generating rental income. The company has a wider network of locations than any other provider of self-storage solutions in the US, offering a variety of storage options including traditional units, climate-controlled units, and self-locking units. Extra Space Storage has over 2,000 locations in the US and Puerto Rico, providing customers with over 1.3 million storage units. The company is expanding its presence in Europe. Extra Space Storage offers a variety of services to meet customer needs, including providing protective covers, packaging materials, secure shredding, and logistics services. Customers can rent storage space online or on-site, and the business models are tailored to the needs of individuals, businesses, and professionals. One aspect that sets Extra Space Storage apart from other providers is its strong investment in technology. The company focuses on an optimized online booking experience and digital overview and payment options. Customers can manage their storage facilities online, and the facilities have cameras, burglar alarms, and fire alarms to ensure security. Extra Space Storage is also committed to supporting a sustainable future and has implemented solar energy and energy efficiency measures in many of its facilities. Overall, Extra Space Storage has become one of the largest and most successful operators of storage space and self-storage solutions. With its wide range of locations, services, and technologies, the company continues to position itself as a leading brand in the industry, aiming to meet the needs of individuals and businesses. Extra Space Storage is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Extra Space Storage stock

How much dividend does Extra Space Storage pay?

Over the past 12 months, Extra Space Storage paid a dividend of 6.48 USD . This corresponds to a dividend yield of about 3.93 %. For the coming 12 months, Extra Space Storage is expected to pay a dividend of 6.6 USD.

What is the dividend yield of Extra Space Storage?

The current dividend yield of Extra Space Storage is 3.93 %.

When does Extra Space Storage pay dividends?

Extra Space Storage pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Extra Space Storage?

Extra Space Storage paid dividends every year for the past 26 years.

What is the dividend of Extra Space Storage?

For the upcoming 12 months, dividends amounting to 6.6 USD are expected. This corresponds to a dividend yield of 4 %.

In which sector is Extra Space Storage located?

Extra Space Storage is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Extra Space Storage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Extra Space Storage from 12/31/2024 amounting to 1.62 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2024.

When did Extra Space Storage pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Extra Space Storage in the year 2023?

In the year 2023, Extra Space Storage distributed 6 USD as dividends.

In which currency does Extra Space Storage pay out the dividend?

The dividends of Extra Space Storage are distributed in USD.

Andere Kennzahlen von Extra Space Storage

Our stock analysis for Extra Space Storage Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Extra Space Storage Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.