GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Extra Space Storage Inc (NYSE:EXR) » Definitions » Dividends per Share

Extra Space Storage (Extra Space Storage) Dividends per Share : $6.48 (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Extra Space Storage Dividends per Share?

Extra Space Storage's dividends per share for the three months ended in Dec. 2023 was $1.62. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.48. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.50. As of today, Extra Space Storage's Dividend Yield % is 3.65%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Extra Space Storage Inc is 1.23, which seems too high.

Warning Sign:

Extra Space Storage Inc stock dividend yield is close to 1-year low.

During the past 12 months, Extra Space Storage's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Extra Space Storage was 53.60% per year. The lowest was -25.30% per year. And the median was 19.00% per year.

For more information regarding to dividend, please check our Dividend Page.


Extra Space Storage Dividends per Share Historical Data

The historical data trend for Extra Space Storage's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Extra Space Storage Dividends per Share Chart

Extra Space Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.60 4.50 6.00 6.48

Extra Space Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.62 2.63 0.61 1.62

Competitive Comparison of Extra Space Storage's Dividends per Share

For the REIT - Industrial subindustry, Extra Space Storage's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Extra Space Storage's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Extra Space Storage's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Extra Space Storage's Dividend Yield % falls into.



Extra Space Storage Dividends per Share Calculation

Dividends paid to per common share.


Extra Space Storage  (NYSE:EXR) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Extra Space Storage's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.62/ 1.078
=1.50

During the past 13 years, the highest Dividend Payout Ratio of Extra Space Storage was 1.27. The lowest was 0.86. And the median was 1.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Extra Space Storage Inc is 1.23, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Extra Space Storage Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6202024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.6202023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6102023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.0102023-07-122023-07-132023-07-19Cash DividendquarterlyUSD:USD 1.000000
USD 1.6202023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Extra Space Storage's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.48/133.295
=4.86 %

Current Share Price is $133.295.
Extra Space Storage's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.48.

During the past 13 years, the highest Dividend Yield of Extra Space Storage was 6.09%. The lowest was 1.90%. And the median was 3.20%.

Warning Sign:

Extra Space Storage Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Extra Space Storage Dividends per Share Related Terms

Thank you for viewing the detailed overview of Extra Space Storage's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Extra Space Storage (Extra Space Storage) Business Description

Traded in Other Exchanges
Address
2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,400 self-storage properties in 41 states, with over 180 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Executives
Joseph Saffire director 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Joseph D Margolis director C/O ARSENAL REAL ESTATE FUNDS, 117 ON THE GREEN, 67 PARK PLACE EAST, MORRISTOWN NJ 07960
Joseph J Bonner director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115
Jennifer Blouin director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Matthew T Herrington officer: EVP & COO 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Gwyn Goodson Mcneal officer: EVP/Chief Legal Officer 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Samrat Sondhi officer: SVP Operations 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Jefferson Scott Shreve director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Kenneth M. Woolley director 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
P Scott Stubbs officer: Senior VP Accounting 2795 EAST COTTONWOOD PARKWAY, SALT LAKE CITY UT 84121
Diane Olmstead director 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Spencer Kirk director, officer: Chief Executive Officer 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
William N Springer officer: EVP, Assets & 3rd Party Mgmt 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121