EXR Extra Space Storage dividend history, payout ratio & dates
Extra Space Storage's last dividend was on Sep 16, 2024 (ex-date) with a distribution of $1.62 per share. On an annualized basis, the company has a current payout of $6.48 per share. This brings the dividend yield to 3.88% based on its recent close price.
Key dates
- EXR last dividend date: Sep 16, 2024
EXR dividend stats
vs. Real Estate sector
Dividend yield
Extra Space Storage's dividend yield of 3.88% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 5.99%, Extra Space Storage's dividend yield is 35% lower. The current dividend yield is above the historical average of 3.5% of the last 5 years.
Dividend history
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 1.9% since one year ago. But with the stock price up by 30% from a year ago, the dividend yield marks a decrease of 22%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $1.62 | 3.65% |
| Jun 14, 2024 | $1.62 | 4.14% |
| Mar 14, 2024 | $1.62 | 4.55% |
| Dec 14, 2023 | $1.62 | 4.19% |
| Sep 14, 2023 | $0.61 | 5.04% |
| Jul 12, 2023 | $1.01 | 4.77% |
| Jun 14, 2023 | $1.62 | 4.35% |
| Mar 14, 2023 | $1.62 | 3.89% |
| Dec 13, 2022 | $1.5 | 3.81% |
| Sep 14, 2022 | $1.5 | 3% |
| Jun 14, 2022 | $1.5 | 3.46% |
| Mar 14, 2022 | $1.5 | 2.61% |
| Dec 14, 2021 | $1.25 | 2.15% |
| Sep 14, 2021 | $1.25 | 2.26% |
| Jun 14, 2021 | $1 | 2.38% |
| Mar 12, 2021 | $1 | 2.81% |
| Dec 14, 2020 | $0.9 | 3.28% |
| Sep 14, 2020 | $0.9 | 3.23% |
| Jun 12, 2020 | $0.9 | 3.72% |
| Mar 13, 2020 | $0.9 | 3.73% |
| Dec 13, 2019 | $0.9 | 3.48% |
| Sep 13, 2019 | $0.9 | 3.03% |
| Jun 13, 2019 | $0.9 | 3.22% |
| Mar 14, 2019 | $0.86 | 3.44% |
| Dec 13, 2018 | $0.86 | 3.45% |
| Sep 13, 2018 | $0.86 | 3.64% |
| Jun 14, 2018 | $0.86 | 3.28% |
| Mar 14, 2018 | $0.78 | 3.62% |
| Dec 14, 2017 | $0.78 | 3.6% |
| Sep 14, 2017 | $0.78 | 3.98% |
| Jun 13, 2017 | $0.78 | 4.15% |
| Mar 13, 2017 | $0.78 | 4.26% |
| Dec 15, 2016 | $0.78 | 4.05% |
| Sep 13, 2016 | $0.78 | 3.6% |
| Jun 13, 2016 | $0.78 | 2.91% |
| Mar 11, 2016 | $0.59 | 2.71% |
| Dec 11, 2015 | $0.59 | 2.63% |
| Sep 11, 2015 | $0.59 | 2.91% |
| Jun 11, 2015 | $0.59 | 2.98% |
| Mar 12, 2015 | $0.47 | 2.9% |
Extra Space Storage dividend payout ratio
Payout ratio
Extra Space Storage's payout ratio of 172.3% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 121%, Extra Space Storage's payout ratio is 42% higher.
Total amount of dividends paid per financial year (from cash flow)
EXR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CUBE CubeSmart | 4.2% | $2.04 | 114% |
| EXR Extra Space Storage Inc | 3.88% | $6.48 | 172.3% |
| ELS Equity Lifestyle Properties Inc | 2.65% | $1.88 | 96.4% |
| GEO Geo Group Inc | N/A | N/A | N/A |
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 was EXR's last dividend?
Extra Space Storage's last regular dividend was on Sep 16, 2024 (ex-date) with the amount of $1.62 per share.
How much dividend does Extra Space Storage pay (per share)?
EXR has paid dividend of $6.48 per share in the last year.
What is Extra Space Storage's dividend yield?
Extra Space Storage's current dividend yield is 3.88%.
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 172.3%.
Does Extra Space Storage pay a good dividend?
Extra Space Storage's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.