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EXR Extra Space Storage dividend history, payout ratio & dates

Extra Space Storage's last quarterly dividend was on Sep 14, 2022 (ex-date) with a distribution of $1.5 per share. On an annualized basis, the company has a current payout of $5.75 per share. This brings the dividend yield to 3.33% based on its recent close price.

Key dates

  • EXR last dividend date: Sep 14, 2022
  • EXR next dividend date: Not announced
EXR dividend stats
DPS
$5.75
Dividend yield
3.33%
Payout ratio
86.2%
vs. Real Estate sector
Dividend yield
6.35%
Payout ratio
116.2%

Dividend yield

What is Extra Space Storage current dividend yield

Extra Space Storage's dividend yield of 3.33% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.35%, Extra Space Storage's dividend yield is 48% lower. The current dividend yield is above the historical average of 3.2% of the last 5 years.

Dividend history

What is EXR dividend payout history and dates

Extra Space Storage has been paying dividends since 2004. EXR has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 39% since one year ago. And with the stock price up by 2.2% from a year ago, the dividend yield marks an increase of 36%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Sep 30, 2022 Aug 19, 2022 $1.5 normal
Jun 14, 2022 Jun 30, 2022 May 26, 2022 $1.5 normal
Mar 14, 2022 Mar 31, 2022 Feb 16, 2022 $1.5 normal
Dec 14, 2021 Dec 31, 2021 Nov 22, 2021 $1.25 normal
Sep 14, 2021 Sep 30, 2021 Aug 23, 2021 $1.25 normal
Jun 14, 2021 Jun 30, 2021 May 27, 2021 $1 normal
Mar 12, 2021 Mar 31, 2021 Feb 18, 2021 $1 normal
Dec 14, 2020 Dec 31, 2020 Nov 12, 2020 $0.9 normal
Sep 14, 2020 Sep 30, 2020 Aug 21, 2020 $0.9 normal
Jun 12, 2020 Jun 30, 2020 May 15, 2020 $0.9 normal
Mar 13, 2020 Mar 31, 2020 Feb 13, 2020 $0.9 normal
Dec 13, 2019 Dec 31, 2019 Nov 11, 2019 $0.9 normal
Sep 13, 2019 Sep 30, 2019 Aug 26, 2019 $0.9 normal
Jun 13, 2019 Jun 28, 2019 May 23, 2019 $0.9 normal
Mar 14, 2019 Mar 29, 2019 Feb 14, 2019 $0.86 normal
Dec 13, 2018 Dec 31, 2018 Nov 13, 2018 $0.86 normal
Sep 13, 2018 Sep 28, 2018 Aug 24, 2018 $0.86 normal
Jun 14, 2018 Jun 29, 2018 May 24, 2018 $0.86 normal
Mar 14, 2018 Mar 29, 2018 Feb 15, 2018 $0.78 normal
Dec 14, 2017 Dec 29, 2017 Nov 10, 2017 $0.78 normal
Sep 14, 2017 Sep 29, 2017 Aug 25, 2017 $0.78 normal
Jun 13, 2017 Jun 30, 2017 May 22, 2017 $0.78 normal
Mar 13, 2017 Mar 31, 2017 Feb 16, 2017 $0.78 normal
Dec 15, 2016 Dec 30, 2016 Dec 8, 2016 $0.78 normal
Sep 13, 2016 Sep 30, 2016 Aug 29, 2016 $0.78 normal
Jun 13, 2016 Jun 30, 2016 May 25, 2016 $0.78 normal
Mar 11, 2016 Mar 31, 2016 Feb 24, 2016 $0.59 normal
Dec 11, 2015 Dec 31, 2015 Nov 13, 2015 $0.59 normal
Sep 11, 2015 Sep 30, 2015 Aug 28, 2015 $0.59 normal

Extra Space Storage dividend payout ratio

What is Extra Space Storage dividend payout ratio compared to the sector

Payout ratio

Extra Space Storage's payout ratio of 86.2% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 116.2%, Extra Space Storage's payout ratio is 26% lower.

Total amount of dividends paid per financial year (from cash flow)

EXR dividend vs peer dividends

How does EXR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
STAR Istar Inc 5.4% $0.5 5.6%
EXR Extra Space Storage Inc 3.33% $5.75 86.2%
ELS Equity Lifestyle Properties Inc 2.54% $1.59 105.5%

Frequently asked questions

Does Extra Space Storage pay a dividend?

Yes, Extra Space Storage has paid four dividends in the last 12 months. EXR has been paying dividends since 2004.

When is Extra Space Storage's next dividend?

EXR hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2022.

When was EXR's last dividend?

Extra Space Storage's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $1.5 per share.

How much dividend does Extra Space Storage pay (per share)?

EXR has paid dividend of $5.75 per share in the last year.

What is Extra Space Storage's dividend yield?

Extra Space Storage's current dividend yield is 3.33%.

How often does Extra Space Storage pay dividends?

Extra Space Storage pays four dividends per year.

What is Extra Space Storage's dividend payout ratio?

The dividend payout ratio of Extra Space Storage is 86.2%.

Does Extra Space Storage pay a good dividend?

Extra Space Storage's dividend yield is below the Real Estate sector average.