Extra Space Storage Dividend
Dividend criteria checks 5/6
Extrace Storage is a dividend paying company with a current yield of 4.44% that is well covered by earnings. Last payment was on 30th June, 2023 with an ex-dividend date of 14th June, 2023.
Key information
4.4%
Dividend yield
68%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 30 Jun 23 |
Ex dividend date | 14 Jun 23 |
Dividend per share | n/a |
Earnings per share | Mex$6.31 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EXR *'s dividends per share have been stable in the past 10 years.
Growing Dividend: EXR *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Extra Space Storage Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EXR *) | 4.4% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.5% |
Industry Average (Specialized REITs) | 4.0% |
Analyst forecast in 3 Years (EXR *) | 4.7% |
Notable Dividend: EXR *'s dividend (4.44%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: EXR *'s dividend (4.44%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.5%), EXR *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), EXR *'s dividend payments are covered by cash flows.