Extra Space Storage (EXR) Dividends & Splits

Extra Space Storage Inc (EXR) is a real estate investment trust (REIT) that specializes in the ownership, operation, and acquisition of self-storage facilities. The company has a strong track record of providing consistent and reliable returns to its shareholders through dividends and regular stock splits. As of the last reported dividend, Extra Space Storage Inc had a dividend yield of approximately 2.49%, which is a measure of the annual dividend payout as a percentage of the stock price. This yield is competitive within the REIT industry and provides investors with a steady income stream. The company has a payout ratio of around 66%, meaning that it distributes approximately two-thirds of its earnings as dividends to shareholders. The remaining third is retained for reinvestment and future growth. The dividend ex-date for Extra Space Storage Inc is typically announced a few weeks before the payment date. This is the date on which an investor must own the stock in order to be eligible to receive the next dividend payment. Over the years, Extra Space Storage Inc has undergone several stock splits to make its shares more affordable for investors. The most recent split occurred in 2016, when the company implemented a 3-for-1 split. This means that for every one share held, shareholders received an additional two shares. The split multiple refers to the ratio at which the shares were split. In the case of Extra Space Storage Inc, the split multiple was 3. After the split, the company's dividend amount per share remained the same, but the number of shares held by each investor increased. Extra Space Storage Inc has a history of consistent dividend growth. The company has increased its dividend payment every year for the past several years. The dividend growth rate is a measure of the percentage increase in the dividend payment over a specified period of time. The dividend yield range for Extra Space Storage Inc varies depending on market conditions and investor demand for the stock. The company's dividend payment date is typically announced at the same time as the ex-date. This is the date on which the dividend is actually paid out to shareholders. Extra Space Storage Inc pays its dividend on a quarterly basis. Shareholders can expect to receive four dividend payments per year.

Overall, Extra Space Storage Inc provides a reliable income stream for investors through its consistent dividend payments and regular stock splits. The dividend yield and payout ratio are indicators of the company's commitment to returning value to its shareholders. The dividend ex-date and payment date are important dates for investors to keep in mind in order to ensure they are eligible to receive the dividend payment. Additionally, the company's history of dividend growth and its split multiple demonstrate its dedication to enhancing shareholder value over the long term. Whether you are an income-focused investor or seeking capital appreciation, Extra Space Storage Inc offers an attractive investment opportunity within the REIT industry.