EXR - NYSE
Extra Space Storage Inc.
$144.61
+1.6%Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
At a Glance
Live SnapshotExtra Space Storage Inc. Dividend History
EXR Dividend Payment History
Total Payments
50
Latest Dividend
$1.6200
Annual Amount
$8.1000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 14, 2026 | Jun 15, 2026 | Jun 30, 2026 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Feb 13, 2026 | Mar 16, 2026 | Mar 31, 2026 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Nov 20, 2025 | Dec 15, 2025 | Dec 31, 2025 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Aug 21, 2025 | Sep 15, 2025 | Sep 30, 2025 | $1.6200 | $1.6200 | Quarterly | 0.00% |
May 22, 2025 | Jun 16, 2025 | Jun 30, 2025 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Feb 21, 2025 | Mar 14, 2025 | Mar 31, 2025 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Nov 15, 2024 | Dec 16, 2024 | Dec 31, 2024 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Aug 19, 2024 | Sep 16, 2024 | Sep 30, 2024 | $1.6200 | $1.6200 | Quarterly | 0.00% |
May 24, 2024 | Jun 14, 2024 | Jun 28, 2024 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Feb 22, 2024 | Mar 15, 2024 | Mar 29, 2024 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Nov 15, 2023 | Dec 15, 2023 | Dec 29, 2023 | $1.6200 | $1.6200 | Quarterly | +165.57% |
Aug 18, 2023 | Sep 15, 2023 | Sep 29, 2023 | $0.6100 | $0.6100 | Quarterly | -39.60% |
Jul 3, 2023 | Jul 13, 2023 | Jul 19, 2023 | $1.0100 | $1.0100 | Quarterly | -37.65% |
May 26, 2023 | Jun 15, 2023 | Jun 30, 2023 | $1.6200 | $1.6200 | Quarterly | 0.00% |
Feb 16, 2023 | Mar 15, 2023 | Mar 31, 2023 | $1.6200 | $1.6200 | Quarterly | +8.00% |
Nov 21, 2022 | Dec 14, 2022 | Dec 30, 2022 | $1.5000 | $1.5000 | Quarterly | 0.00% |
Aug 19, 2022 | Sep 15, 2022 | Sep 30, 2022 | $1.5000 | $1.5000 | Quarterly | 0.00% |
May 26, 2022 | Jun 15, 2022 | Jun 30, 2022 | $1.5000 | $1.5000 | Quarterly | 0.00% |
Feb 16, 2022 | Mar 15, 2022 | Mar 31, 2022 | $1.5000 | $1.5000 | Quarterly | +20.00% |
Nov 22, 2021 | Dec 15, 2021 | Dec 31, 2021 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Aug 23, 2021 | Sep 15, 2021 | Sep 30, 2021 | $1.2500 | $1.2500 | Quarterly | +25.00% |
May 27, 2021 | Jun 15, 2021 | Jun 30, 2021 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Feb 18, 2021 | Mar 15, 2021 | Mar 31, 2021 | $1.0000 | $1.0000 | Quarterly | +11.11% |
Nov 12, 2020 | Dec 15, 2020 | Dec 31, 2020 | $0.9000 | $0.9000 | Quarterly | 0.00% |
Aug 21, 2020 | Sep 15, 2020 | Sep 30, 2020 | $0.9000 | $0.9000 | Quarterly | 0.00% |
May 15, 2020 | Jun 15, 2020 | Jun 30, 2020 | $0.9000 | $0.9000 | Quarterly | 0.00% |
Feb 13, 2020 | Mar 16, 2020 | Mar 31, 2020 | $0.9000 | $0.9000 | Quarterly | 0.00% |
Nov 11, 2019 | Dec 16, 2019 | Dec 31, 2019 | $0.9000 | $0.9000 | Quarterly | 0.00% |
Aug 26, 2019 | Sep 16, 2019 | Sep 30, 2019 | $0.9000 | $0.9000 | Quarterly | 0.00% |
May 23, 2019 | Jun 14, 2019 | Jun 28, 2019 | $0.9000 | $0.9000 | Quarterly | +4.65% |
Feb 14, 2019 | Mar 15, 2019 | Mar 29, 2019 | $0.8600 | $0.8600 | Quarterly | 0.00% |
Nov 13, 2018 | Dec 14, 2018 | Dec 31, 2018 | $0.8600 | $0.8600 | Quarterly | 0.00% |
Aug 24, 2018 | Sep 14, 2018 | Sep 28, 2018 | $0.8600 | $0.8600 | Quarterly | 0.00% |
May 24, 2018 | Jun 15, 2018 | Jun 29, 2018 | $0.8600 | $0.8600 | Quarterly | +10.26% |
Feb 15, 2018 | Mar 15, 2018 | Mar 29, 2018 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Nov 10, 2017 | Dec 15, 2017 | Dec 29, 2017 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Aug 25, 2017 | Sep 15, 2017 | Sep 29, 2017 | $0.7800 | $0.7800 | Quarterly | 0.00% |
May 23, 2017 | Jun 15, 2017 | Jun 30, 2017 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Feb 16, 2017 | Mar 15, 2017 | Mar 31, 2017 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Dec 8, 2016 | Dec 19, 2016 | Dec 30, 2016 | $0.7800 | $0.7800 | Quarterly | 0.00% |
Aug 29, 2016 | Sep 15, 2016 | Sep 30, 2016 | $0.7800 | $0.7800 | Quarterly | 0.00% |
May 25, 2016 | Jun 15, 2016 | Jun 30, 2016 | $0.7800 | $0.7800 | Quarterly | +32.20% |
Feb 24, 2016 | Mar 15, 2016 | Mar 31, 2016 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Nov 13, 2015 | Dec 15, 2015 | Dec 31, 2015 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Aug 28, 2015 | Sep 15, 2015 | Sep 30, 2015 | $0.5900 | $0.5900 | Quarterly | 0.00% |
May 27, 2015 | Jun 15, 2015 | Jun 30, 2015 | $0.5900 | $0.5900 | Quarterly | +25.53% |
Feb 20, 2015 | Mar 16, 2015 | Mar 31, 2015 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Nov 24, 2014 | Dec 15, 2014 | Dec 31, 2014 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 2, 2014 | Sep 15, 2014 | Sep 30, 2014 | $0.4700 | $0.4700 | Quarterly | 0.00% |
May 23, 2014 | Jun 13, 2014 | Jun 30, 2014 | $0.4700 | $0.4700 | Quarterly | - |
Extra Space Storage Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.
Dividend Growth
Flat or modest dividend growth. Company maintaining dividend but not increasing aggressively. Monitor whether due to business maturity or temporary headwinds.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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