Global Self Storage Inc Stock Price, News & Analysis

Global Self Storage reported record revenues of $10.5 million for 2021, a 14.3% increase from 2020. Q4 2021 revenues rose 16.2% to $2.8 million, driven by increased rental rates and effective revenue management. Net income for 2021 reached $3.3 million or $0.33 per share. Funds from Operations (FFO) grew 58.7% to $3.3 million, while Adjusted FFO (AFFO) increased 59.7% to $3.6 million. Despite a decrease in same-store occupancy to 94.1%, the company's financial position remains strong with $21.5 million in capital resources and a maintained quarterly dividend of $0.065 per share.

Global Self Storage (NASDAQ:SELF) has declared a cash dividend of $0.065 per common share for Q1 2022. The dividend will be payable on March 31, 2022, to stockholders recorded as of March 15, 2022. The company, a real estate investment trust (REIT), operates various self-storage properties across multiple states including Connecticut, Illinois, and Pennsylvania. With a focus on affordable and secure storage, Global Self Storage continues to enhance its portfolio of 13 properties, solidifying its presence in the self-storage industry.

Global Self Storage (NASDAQ:SELF) has been invited to the 34th Annual ROTH Conference on March 13-15, 2022, in Dana Point, California. The event will include presentations, one-on-one meetings, and thematic panels, showcasing over 550 companies to more than 5,000 investors. CEO Mark C. Winmill, along with CFO Thomas O'Malley and CCO Donald Klimoski, will discuss the company’s revenue management program and pricing strategies. A pre-recorded webcast of their presentation will be available on the conference website.

Global Self Storage (NASDAQ: SELF) has been invited to present at the Aegis Virtual Conference from February 23-25, 2022. CEO Mark C. Winmill will present on February 25 at 11:30 a.m. ET, discussing the company's strategy targeting underserved markets in the Northeast, Mid-Atlantic, and Midwest, which has led to impressive FFO and AFFO growth. The presentation materials will be accessible via the company's investor relations website and the event will be streamed on YouTube Live.

Global Self Storage (NASDAQ:SELF) has declared a cash dividend of $0.065 per common share for the fourth quarter of 2021. This dividend is payable on December 30, 2021, to stockholders of record as of December 15, 2021. The company operates and manages self-storage properties across several states, including Connecticut, Illinois, and New York, aiming to provide affordable and accessible storage solutions.

Global Self Storage, Inc. (NASDAQ:SELF) reported third-quarter 2021 results showing total revenues of $2.7 million, a 16.4% increase year-over-year. Net income rose to $629,000, or $0.06 per share, while FFO and AFFO achieved records of $957,000 and $1.0 million, respectively, both up over 59%. Same-store occupancy increased to 94.3%, with rental rates also on the rise. Total capital resources reached approximately $20.5 million, strengthening the company's growth position. The quarterly dividend remained steady at $0.065 per share.

Global Self Storage (NASDAQ:SELF) has announced a cash dividend of $0.065 per common share for Q3 2021. This dividend will be paid on September 30, 2021, to stockholders of record as of September 15, 2021. The company, which owns and operates self-storage properties across several states, aims to provide affordable and secure storage solutions. With 13 properties in its portfolio, Global Self Storage emphasizes its commitment to accessibility and customer satisfaction.

Global Self Storage (NASDAQ: SELF) will showcase its management platform, Global MaxManagement, at the 2021 Fall Conference & Trade Show held by the Self Storage Association from September 7-10, 2021 in Las Vegas. The platform aims to enhance value for independent property owners by providing innovative strategies for operations such as staffing and marketing. The company's recent performance report highlighted record occupancy and revenue metrics in Q2 2021, offering a strong value proposition for potential clients attending the event.

Global Self Storage reported a strong performance for Q2 2021, with total revenues rising 15.2% to a record $2.6 million. Net income reached $0.9 million or $0.09 per diluted share, compared to a loss in Q2 2020. Funds from operations (FFO) increased 52.1% to $773,000, while adjusted FFO (AFFO) rose 52.9% to $833,000. Same-store occupancy reached 96.3%, up from 92.9% a year ago. The company raised $6.9 million through a public offering, enhancing its capital resources for future growth initiatives.