Extra Space Storage Dividends and Buybacks
Dividend criteria checks 5/6
Extrace Storage is a dividend paying company with a current yield of 3.93% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
3.9%
Dividend yield
-0.001%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 1.7% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$6.480 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
Extra Space Storage: Solid All-Weather Value, Set To Move
Nov 13Extra Space, Extra Gains: How Extra Space Storage Is Winning The Dividend Game
Sep 01Extra Space Storage: Solid Q2 Results, Buy For REIT Rally
Jul 31Extra Space Storage: Results Are Improving, But Rates A Risk (Rating Upgrade)
May 17I'm Betting On 5%-Yielding Extra Space Storage To Grow My Wealth
May 04Extra Space Storage: Oversupply And Reduced Demand Are Taking A Toll
Apr 02Extra Space Storage Is A Buy (Technical Analysis)
Mar 04Extra Space Storage: Set Up For Great Performance For Years To Come
Feb 03Why 4.4%-Yielding Extra Space Storage Remains My Favorite REIT
Jan 23Extra Space Storage: An Attractive Entry Point To Capitalize On The Long-Term Growth
Jan 02Extra Space Storage: Take Profits After A Rate-Driven Rally
Dec 20I'm Not Done Buying 5.5%-Yielding Extra Space Storage
Nov 10Extra Space Storage: This Could Be The Best Time In 14 Years To Buy This 6% Yielding Ultra SWAN
Oct 28Extra Space Storage: Stock Bust Is Still Finding Its Bottom
Oct 10Extra Space Storage: Yielding 5%, May Be My Favorite REIT
Sep 05Extra Space Storage: No Place To Shelter
Aug 04Extra Space Storage: Opportune Time To Buy A Best-In-Class REIT
Jul 21Extra Space Storage Buying Life Storage Will Change US Self-Storage Industry
Jul 03Why I Keep Buying Extra Space Storage's 4.6% Yield
Jun 26Extra Space Storage: Left Behind With A Solid Yield
Jun 12Why I'm Buying More Extra Space Storage
Feb 24Here's Why Extra Space Storage (NYSE:EXR) Has Caught The Eye Of Investors
Feb 19
Extra Space Storage raises quarterly dividend by 8% to $1.62/share
Feb 16Extra Space Storage: Need For Space
Jan 04Why Extra Space Storage Is A No-Brainer Buy For A SWAN Portfolio
Nov 15Extra Space Storage acquires Storage Express for $590M to expand national portfolio
Sep 16Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EXR) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialized REITs) | 3.6% |
| Analyst forecast (EXR) (up to 3 years) | 4.2% |
Notable Dividend: EXR's dividend (3.93%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: EXR's dividend (3.93%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), EXR's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.5%), EXR's dividend payments are covered by cash flows.