Global Self Storage Declares Fourth Quarter 2024 Dividend
Global Self Storage (NASDAQ:SELF) has announced a quarterly cash dividend of $0.0725 per common share for Q4 2024, payable on December 30, 2024, to stockholders of record as of December 16, 2024. The company aims to increase stockholder value through its strategic business plan, which includes funding acquisitions and expansion projects at existing properties. The board regularly reviews the strategic plan, focusing on capital formation, debt-equity ratios, dividend policy, and FFO/AFFO performance. Management believes the company is well-positioned to continue executing its strategic initiatives.
Global Self Storage (NASDAQ:SELF) ha annunciato un dividendo in contante trimestrale di $0,0725 per azione ordinaria per il quarto trimestre del 2024, che sarà pagato il 30 dicembre 2024, agli azionisti registrati al 16 dicembre 2024. L'azienda mira ad aumentare il valore per gli azionisti attraverso il suo piano strategico, che include il finanziamento di acquisizioni e progetti di espansione nelle proprietà esistenti. Il consiglio di amministrazione esamina regolarmente il piano strategico, concentrandosi sulla formazione di capitale, sui rapporti debito-equity, sulla politica dei dividendi e sulle prestazioni FFO/AFFO. La direzione crede che l'azienda sia ben posizionata per continuare a attuare le proprie iniziative strategiche.
Global Self Storage (NASDAQ:SELF) ha anunciado un dividendo en efectivo trimestral de $0.0725 por acción ordinaria para el cuarto trimestre de 2024, que se pagará el 30 de diciembre de 2024, a los accionistas registrados al 16 de diciembre de 2024. La compañía tiene como objetivo aumentar el valor para los accionistas a través de su plan de negocios estratégico, que incluye financiamiento para adquisiciones y proyectos de expansión en propiedades existentes. La junta revisa regularmente el plan estratégico, enfocándose en la formación de capital, las proporciones de deuda-capital, la política de dividendos y el rendimiento de FFO/AFFO. La dirección cree que la empresa está bien posicionada para continuar ejecutando sus iniciativas estratégicas.
Global Self Storage (NASDAQ:SELF)는 2024년 4분기 동안 보통주에 대해 주당 $0.0725의 분기 현금 배당금을 발표했으며, 이는 2024년 12월 30일 지급될 예정입니다. 배당금 지급 기준일은 2024년 12월 16일입니다. 이 회사는 기존 부동산에서의 인수 및 확장 프로젝트 자금을 포함하여 전략적 사업 계획을 통해 주주 가치를 증가시키는 것을 목표로 하고 있습니다. 이사회는 자본 형성, 부채-자본 비율, 배당 정책 및 FFO/AFFO 성과에 중점을 두고 전략 계획을 정기적으로 검토합니다. 경영진은 회사가 전략적 이니셔티브를 계속 실행할 수 있는 좋은 위치에 있다고 믿고 있습니다.
Global Self Storage (NASDAQ:SELF) a annoncé un dividende en espèces trimestriel de 0,0725 $ par action ordinaire pour le quatrième trimestre 2024, payable le 30 décembre 2024, aux actionnaires enregistrés au 16 décembre 2024. La société vise à accroître la valeur pour les actionnaires grâce à son plan d'affaires stratégique, qui comprend le financement d'acquisitions et de projets d'expansion sur des propriétés existantes. Le conseil d'administration examine régulièrement le plan stratégique, en se concentrant sur la formation de capital, les ratios d'endettement, la politique de dividendes et la performance FFO/AFFO. La direction estime que l'entreprise est bien positionnée pour continuer à exécuter ses initiatives stratégiques.
Global Self Storage (NASDAQ:SELF) hat eine quartalsweise Barausschüttung von $0,0725 pro Stammaktie für das 4. Quartal 2024 angekündigt, die am 30. Dezember 2024 an Aktionäre ausgezahlt wird, die am 16. Dezember 2024 im Aktienregister stehen. Das Unternehmen strebt an, den Aktionärswert durch seinen strategischen Geschäftsplan zu steigern, der die Finanzierung von Akquisitionen und Expansionsprojekten an bestehenden Standorten umfasst. Der Vorstand überprüft regelmäßig den strategischen Plan mit Fokus auf Kapitalbildung, Verschuldungsquoten, Dividendenpolitik und FFO/AFFO-Performance. Das Management ist der Meinung, dass das Unternehmen gut positioniert ist, um seine strategischen Initiativen weiterhin umzusetzen.
- Maintained consistent dividend payment
- Ongoing execution of expansion and acquisition strategy
- Strong operational performance indicated by management
- None.
Insights
The quarterly dividend of
MILLBROOK, NY / ACCESSWIRE / December 2, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of
The dividend is payable on December 30, 2024, to stockholders of record as of December 16, 2024.
Company Objective
The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels.
The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan.
About Global Self Storage
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook.
Cautionary Note Regarding Forward Looking Statements
Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice.
Company Contact:
Thomas O'Malley
Chief Financial Officer
Global Self Storage
1 (212) 785-0900, ext. 267
Email Contact
Investor Relations Contact:
Ron Both
CMA Investor Relations
Tel (949) 432-7566
Email Contact
SOURCE: Global Self Storage
View the original press release on accesswire.com
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