Extra Space StorageEXR -1.29%92 Dividend Yield % is 4.43% as of Jun. 25, 2026, which is 21% above its 10-year median of 3.66. GuruFocus rates EXR with a GF Score™ of 92/100 and a GF Value™ of $148.76 (Fairly Valued). The stock has 9 warning signs investors should review. Among 874 REITs companies, Extra Space Storage ranks worse than 80.43% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Extra Space Storage is 4.43%.
The historical rank and industry rank for Extra Space Storage's Dividend Yield % or its related term are showing as below:
EXR'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.9 Med: 3.66 Max: 6.09
Current: 4.43
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 3.66%.
EXR's Dividend Yield % is ranked worse than 80.43% of 874
companies
in the REITs industry
Industry Median: 6.82
vs EXR: 4.43
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 1.38, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Extra Space Storage was 1.50. The lowest was 0.87. And the median was 1.10.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.60% per year.
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 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Extra Space Storage (NYSE:EXR) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Extra Space Storage Dividend Yield % Related Terms
Extra Space Storage Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Dividend Yield % 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.
EXR vs EGP, LINE, CUBE: Dividend Yield % Comparison
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 Dividend Yield % vs 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.
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 1.620000
2026-06-15
2026-06-15
2026-06-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.620000
2026-03-16
2026-03-16
2026-03-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.620000
2025-12-15
2025-12-15
2025-12-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.620000
2025-09-15
2025-09-15
2025-09-30
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (EXR) has a Dividend Yield % of 4.43% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Extra Space Storage and its competitors. This is 21% above median its historical median of 3.66. Over the past decade, Extra Space Storage's Dividend Yield % has ranged from 1.90 to 6.09. According to the industry distribution chart, Extra Space Storage ranks #703 out of 874 companies in the REITs industry, placing it in the top 80.4%.
Is Extra Space Storage's Dividend Yield % too high?
Extra Space Storage's current Dividend Yield % of 4.43% is 21% above median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 6.09. The REITs industry median Dividend Yield % is 6.82. Extra Space Storage's value of 4.43% is 35% below this industry median. Based on the distribution chart, Extra Space Storage ranks #703 out of 874 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Extra Space Storage has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Dividend Yield % compare to EGP and LINE?
According to the REITs industry distribution chart, Extra Space Storage ranks #703 out of 874 companies for Dividend Yield %. This places Extra Space Storage in the lower half of its industry. The industry median Dividend Yield % is 6.82. Extra Space Storage's value of 4.43% is 35% below this benchmark. Historically, Extra Space Storage's own Dividend Yield % has ranged from 1.90 to 6.09 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 6.82, Extra Space Storage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.82, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Extra Space Storage's current Dividend Yield % of 4.43% is 35% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Extra Space Storage and its competitors. For the REITs industry, the median Dividend Yield % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current Dividend Yield % is 4.43%, which is 21% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Based on GuruFocus' analysis, Extra Space Storage (EXR) is currently considered Fairly Valued. The stock's GF Value™ is $148.76, compared to a current price of $145.86 — trading 1.9% below its estimated fair value. The current Dividend Yield % is 4.43%, which is 21% above median its 10-year median of 3.66 and 35% below the REITs industry median of 6.82. Extra Space Storage's overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Extra Space Storage (EXR), the current Dividend Yield % is 4.43% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Extra Space Storage (EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued.
The current stock price of $145.86 is trading 1.9% below its estimated GF Value™ of $148.76.
GuruFocus considers Extra Space Storage to be Fairly Valued.
Key valuation signals for EXR:
Dividend Yield %: 4.43% (21% above median its 10-year median of 3.66)
GF Value™: $148.76 vs. price of $145.86 (1.9% below fair value)
Industry Position: 35% below the REITs median (#703 of 874)
No single metric tells the full story. See the EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 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.
92GF Score
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