NYSE:EXRSpecialized REITs
Will Extra Space Storage’s (EXR) Expanded $4.5 Billion Credit Facility Drive Urban Growth Strategy?
On August 21, 2025, Extra Space Storage Inc. announced that its board declared a third quarter dividend of US$1.62 per share, payable on September 30, 2025, to shareholders of record as of September 15, 2025, and entered into a fourth amended and restated credit agreement allowing for aggregate borrowings of up to US$4.5 billion.
The expanded credit facility substantially enhances the company's financial flexibility, providing new capacity to pursue growth initiatives and adjust to changing...