Extra Space Storage Inc. Announces 2nd Quarter 2022 Dividend

Rhea-AI Summary

Extra Space Storage Inc. (NYSE: EXR) has declared a quarterly dividend of $1.50 per share for the second quarter of 2022. This dividend is payable on June 30, 2022, to shareholders of record by the end of business on June 15, 2022. As of March 31, 2022, the company owned and operated 2,130 self-storage properties, totaling approximately 164.2 million square feet and 1.5 million storage units across the U.S.

Positive

• Quarterly dividend of $1.50 per share declared, reflecting confidence in financial stability.
• Company operates 2,130 self-storage properties, indicating strong market presence.

Negative

• None.

SALT LAKE CITY, May 26, 2022 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a quarterly dividend of $1.50 per share on the common stock of the Company for the second quarter 2022.  The dividend is payable on June 30, 2022 to stockholders of record at the close of business on June 15, 2022. 

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 March 31, 2022, the Company owned and/or operated 2,130 self-storage properties, which comprise approximately 1.5 million units and approximately 164.2 million square feet of rentable storage space offering customers conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage properties in the United States and is the largest self-storage management company in the United States.  

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

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SOURCE Extra Space Storage Inc.

FAQ

What is the dividend amount declared by Extra Space Storage for Q2 2022?

Extra Space Storage declared a dividend of $1.50 per share for Q2 2022.

When will the dividend be paid to shareholders?

The dividend will be paid on June 30, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 15, 2022.

How many self-storage properties does Extra Space Storage operate?

As of March 31, 2022, Extra Space Storage operated 2,130 self-storage properties.

What is the total rentable storage space owned by Extra Space Storage?

The company owns approximately 164.2 million square feet of rentable storage space.