Extra Space Storage Inc. Announces Tax Reporting Information for 2020 Distributions
Extra Space Storage Inc. (NYSE:EXR) announced tax allocations for its 2020 dividend distributions. The total distribution per share is $3.60, with an ordinary dividend of $3.501724. Key dates include an ex-dividend date of March 13, 2020, a record date of March 16, 2020, and a payable date of March 31, 2020. The release indicates that these allocations will appear on Form 1099-DIV and suggests shareholders consult tax advisors for individual tax implications. The company emphasizes that no material changes in the classification are expected following tax filings.
- Total distribution per share amounts to $3.60.
- Ordinary dividend per share of $3.501724 indicates a solid return for investors.
- None.
SALT LAKE CITY, Jan. 22, 2021 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2020 dividend distributions on its common stock. The allocations, as they will be reported on Form 1099-DIV, are as follows for common shares CUSIP# 30225T102:
Ex-Dividend Date | Record Date | Payable Date | Total Distribution Per Share | Ordinary Dividend Per Share | Qualified Dividend Per Share | Capital Gain Distribution Per Share | Unrecaptured Section 1250 Gain Per Share | Section 199A Dividend Per Share |
03/13/2020 | 03/16/2020 | 03/31/2020 | ||||||
06/12/2020 | 06/15/2020 | 06/30/2020 | ||||||
09/14/2020 | 09/15/2020 | 09/30/2020 | ||||||
12/14/2020 | 12/15/2020 | 12/31/2020 | ||||||
Totals |
This release is based on the preliminary results of work on the Company's tax filings and may be subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions. No material change in the classification is expected.
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Company distributions.
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 December 31, 2020, the Company owned and/or operated 1,921 self-storage properties, which comprise approximately 1.4 million units and approximately 149.2 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.
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