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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.

Extra Space Storage Dividend Announcement

Extra Space Storage announced a quarterly dividend of $1.62 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
Extra Space Storage annual dividend for 2024 was $4.86
Extra Space Storage annual dividend for 2023 was $6.48
Extra Space Storage's trailing twelve-month (TTM) dividend yield is 4.73%
Extra Space Storage's payout ratio for the trailing twelve months (TTM) is 161.20%
Extra Space Storage's dividend growth over the last five years (2018-2023) was 14.04% year
Extra Space Storage's dividend growth over the last ten years (2013-2023) was 16.15% year

Extra Space Storage Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$1.62quarterly2024-09-30
2024-06-14$1.62quarterly2024-06-28
2024-03-14$1.62quarterly2024-03-29
2023-12-14$1.62quarterly2023-12-29
2023-09-14$0.61quarterly2023-09-29
2023-07-12$1.01quarterly2023-07-19
2023-06-14$1.62quarterly2023-06-30
2023-03-14$1.62quarterly2023-03-31
2022-12-13$1.50quarterly2022-12-30
2022-09-14$1.50quarterly2022-09-30
2022-06-14$1.50quarterly2022-06-30
2022-03-14$1.50quarterly2022-03-31
2021-12-14$1.25quarterly2021-12-31
2021-09-14$1.25quarterly2021-09-30
2021-06-14$1.00quarterly2021-06-30
2021-03-12$1.00quarterly2021-03-31
2020-12-14$0.90quarterly2020-12-31
2020-09-14$0.90quarterly2020-09-30
2020-06-12$0.90quarterly2020-06-30
2020-03-13$0.90quarterly2020-03-31
2019-12-13$0.90quarterly2019-12-31
2019-09-13$0.90quarterly2019-09-30
2019-06-13$0.90quarterly2019-06-28
2019-03-14$0.86quarterly2019-03-29
2018-12-13$0.86quarterly2018-12-31
2018-09-13$0.86quarterly2018-09-28
2018-06-14$0.86quarterly2018-06-29
2018-03-14$0.78quarterly2018-03-29
2017-12-14$0.78quarterly2017-12-29
2017-09-14$0.78quarterly2017-09-29
2017-06-13$0.78quarterly2017-06-30
2017-03-13$0.78quarterly2017-03-31
2016-12-15$0.78quarterly2016-12-30
2016-09-13$0.78quarterly2016-09-30
2016-06-13$0.78quarterly2016-06-30
2016-03-11$0.59quarterly2016-03-31
2015-12-11$0.59quarterly2015-12-31
2015-09-11$0.59quarterly2015-09-30
2015-06-11$0.59quarterly2015-06-30
2015-03-12$0.47quarterly2015-03-31
2014-12-11$0.47quarterly2014-12-31
2014-09-11$0.47quarterly2014-09-30
2014-06-11$0.47quarterly2014-06-30
2014-03-12$0.40quarterly2014-03-28
2013-12-11$0.40quarterly2013-12-31
2013-09-12$0.40quarterly2013-09-30
2013-06-12$0.40quarterly2013-06-28
2013-03-13$0.25quarterly2013-03-29

Extra Space Storage Dividend per year

Extra Space Storage Dividend growth

Extra Space Storage Dividend Yield

Extra Space Storage current trailing twelve-month (TTM) dividend yield is 4.73%. Interested in purchasing Extra Space Storage stock? Use our calculator to estimate your expected dividend yield:

Extra Space Storage Financial Ratios

P/E ratio45.07
PEG ratio4.22
P/B ratio2.55
ROE5.60%
Payout ratio161.20%
Current ratio1.06
Quick ratio1.06
Cash Ratio0.05

Extra Space Storage Dividend FAQ

How much is the next Extra Space Storage dividend?
Extra Space Storage's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Extra Space Storage dividend. The next Extra Space Storage dividend will be released in March, June, July, September, or December.
When is Extra Space Storage dividend paid?
Extra Space Storage pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, July, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Extra Space Storage pay?
The specific amount of Extra Space Storage dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Extra Space Storage's dividend history.
Does Extra Space Storage stock pay dividends?
Yes, Extra Space Storage does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Extra Space Storage's dividend history.
How much dividend does Extra Space Storage pay?
Extra Space Storage paid $4.86 in 2024, $6.48 in 2023, $6.0 in 2022, $4.5 in 2021, and $3.6 in 2020.
How often does Extra Space Storage pay dividends?
Extra Space Storage typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, July, September, and December.
What is Extra Space Storage's dividend yield?
The current dividend yield for Extra Space Storage is 4.73%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Extra Space Storage's exact dividend yield.
When does Extra Space Storage go ex dividend?
Extra Space Storage's ex-dividend date for the latest dividend was on 2024-09-16. Extra Space Storage typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Extra Space Storage dividend paid?
Extra Space Storage pays dividends on a quarterly basis, typically around March, June, July, September, or December, but the exact dates can vary each year.
Will Extra Space Storage increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Extra Space Storage will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Extra Space Storage dividend per share?
Extra Space Storage paid $4.86 per share in 2024 and $6.48 per share in 2023. The amount of dividend per share that Extra Space Storage pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Extra Space Storage a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Extra Space Storage a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Extra Space Storage a dividend stock?
Yes, Extra Space Storage is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Extra Space Storage a good dividend stock?
Whether Extra Space Storage is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Extra Space Storage has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Extra Space Storage as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Extra Space Storage pay dividends monthly?
Extra Space Storage typically pays dividends on a quarterly basis.
Does Extra Space Storage pay dividends quarterly?
Extra Space Storage currently pays dividends on a quarterly basis.
Has Extra Space Storage ever paid a dividend?
Yes, Extra Space Storage has a history of paying dividends to its shareholders. Extra Space Storage is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Extra Space Storage dividend stocks?
To buy Extra Space Storage you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Extra Space Storage stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Extra Space Storage pay dividends 2024?
Extra Space Storage pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Extra Space Storage increase its dividend in 2024?
Decisions regarding Extra Space Storage dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Extra Space Storage dividend overview you can look into the above table of dividend history.
How Extra Space Storage dividend works?
The Extra Space Storage dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Extra Space Storage's dividend process works:

1. Determination of Dividend: Extra Space Storage's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Extra Space Storage publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Extra Space Storage distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Extra Space Storage are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Extra Space Storage dividends paid?
Extra Space Storage dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Extra Space Storage sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Extra Space Storage distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Extra Space Storage declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Extra Space Storage pay dividends?
Extra Space Storage typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Extra Space Storage pay dividends?
The general pattern is that Extra Space Storage pays dividends around March, June, July, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Extra Space Storage dividend safe?
The safety of Extra Space Storage's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Extra Space Storage's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Extra Space Storage's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.