Extra Space Storage Inc. Announces 1st Quarter 2025 Dividend

Rhea-AI Summary

Extra Space Storage (NYSE: EXR) has announced its dividend payment for the first quarter of 2025. The company's board of directors has declared a quarterly dividend of $1.62 per share on common stock. Shareholders who are recorded as stockholders at the close of business on March 14, 2025, will receive the dividend payment on March 31, 2025.

Positive

• Maintaining consistent quarterly dividend payments, demonstrating financial stability
• $1.62 per share dividend provides direct return to shareholders

Negative

• None.

News Market Reaction

+1.98%

1 alert

+1.98% News Effect

On the day this news was published, EXR gained 1.98%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SALT LAKE CITY, Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a first quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 31, 2025, to stockholders of record at the close of business on March 14, 2025. 

About Extra Space Storage Inc.

Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of December 31, 2024, the Company owned and/or operated 4,011 self-storage properties, which comprise approximately 2.8 million units and approximately 308.4 million square feet of rentable storage space operating under the Extra Space brand. 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. It is the largest operator of self-storage properties in the United States.

For more information, please visit www.extraspace.com.

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SOURCE Extra Space Storage, Inc.

FAQ

What is Extra Space Storage's Q1 2025 dividend amount?

Extra Space Storage (EXR) has declared a dividend of $1.62 per share for the first quarter of 2025.

When will Extra Space Storage (EXR) pay its Q1 2025 dividend?

Extra Space Storage will pay its Q1 2025 dividend on March 31, 2025.

What is the record date for Extra Space Storage's Q1 2025 dividend?

The record date for Extra Space Storage's Q1 2025 dividend is March 14, 2025, at the close of business.

How much will EXR shareholders receive in the March 2025 dividend payment?

EXR shareholders will receive $1.62 per share in the March 2025 dividend payment.