Extra Space Storage Dividends and Buybacks
Dividend criteria checks 5/6
Extrace Storage is a dividend paying company with a current yield of 4.41% 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
4.4%
Dividend yield
-0.001%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 1.9% |
| 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 24Extra 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 16Stability 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) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Specialized REITs) | 3.9% |
| Analyst forecast (EXR) (up to 3 years) | 4.7% |
Notable Dividend: EXR's dividend (4.41%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: EXR's dividend (4.41%) is low compared to the top 25% of dividend payers in the US market (4.51%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Extra Space Storage Inc. is covered by 40 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Milligan | Baird |
| Brendan Lynch | Barclays |
| Keegan Carl | Berenberg |