Global Self Storage Declares Second Quarter 2025 Dividend

Rhea-AI Summary

Global Self Storage (NASDAQ:SELF) has announced a quarterly cash dividend of $0.0725 per common share for Q2 2025, payable on June 30, 2025, to stockholders of record as of June 16, 2025. The self-storage REIT outlined its strategic focus on increasing shareholder value through acquisitions, joint ventures, and property expansions. The company's board regularly evaluates its business plan, focusing on capital formation, debt-equity ratios, dividend policy, FFO and AFFO performance, and cash management. Management expressed confidence in the company's operational performance and capital resources to execute its strategic initiatives.

Positive

• Consistent dividend payment indicates financial stability
• Company maintains strategic focus on growth through acquisitions and expansions
• Management expresses confidence in operational performance and capital resources

Negative

• None.

MILLBROOK, NY / ACCESS Newswire / June 2, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2025.

The dividend is payable on June 30, 2025, to stockholders of record as of June 16, 2025.

Company Objective

The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels.

The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan.

About Global Self Storage

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.

For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook.

Cautionary Note Regarding Forward Looking Statements

Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice.

Company Contact:
Thomas O'Malley
Chief Financial Officer
Global Self Storage
1 (212) 785-0900, ext. 267
Email Contact

Investor Relations Contact:
Ron Both
Encore Investor Relations
Tel (949) 432-7557
Email Contact

SOURCE: Global Self Storage

View the original press release on ACCESS Newswire

FAQ

What is the dividend amount for Global Self Storage (SELF) in Q2 2025?

Global Self Storage declared a cash dividend of $0.0725 per common share for the second quarter of 2025.

When is the Q2 2025 dividend payable for SELF stock?

The dividend is payable on June 30, 2025, to stockholders of record as of June 16, 2025.

What is Global Self Storage's (SELF) strategic business focus?

The company focuses on increasing shareholder value through acquisitions, joint ventures, and expansion projects at existing properties.

How does Global Self Storage's board evaluate its business strategy?

The board regularly reviews the strategic plan, focusing on capital formation, debt vs. equity ratios, dividend policy, FFO and AFFO performance, and optimal cash levels.