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Global Self Storage Declares Third Quarter 2024 Dividend

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Global Self Storage (NASDAQ:SELF), a real estate investment trust specializing in self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2024. The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024. The company's objective is to increase value for stockholders by executing its strategic business plan, which includes funding acquisitions and expansion projects. Global Self Storage's board regularly reviews the plan, focusing on capital formation, debt-equity ratios, dividend policy, and financial performance metrics. Management believes the company is well-positioned to continue executing its strategic plan based on its operational performance and capital resources.

Global Self Storage (NASDAQ:SELF), un fondo di investimento immobiliare specializzato in proprietà di self-storage, ha dichiarato un dividendo in contante di $0.0725 per azione ordinaria per il terzo trimestre del 2024. Il dividendo è esigibile il 30 settembre 2024, per gli azionisti registrati al 17 settembre 2024. L'obiettivo dell'azienda è aumentare il valore per gli azionisti attraverso l'esecuzione del piano strategico aziendale, che include finanziare acquisizioni e progetti di espansione. Il consiglio di amministrazione di Global Self Storage esamina regolarmente il piano, concentrandosi sulla formazione di capitale, rapporti debito-capitale, politica dei dividendi e metriche di performance finanziaria. La direzione crede che l'azienda sia ben posizionata per continuare a eseguire il piano strategico basato sulla sua performance operativa e risorse di capitale.

Global Self Storage (NASDAQ:SELF), un fideicomiso de inversión inmobiliaria especializado en propiedades de autoalmacenamiento, ha declarado un dividendo en efectivo de $0.0725 por acción ordinaria para el tercer trimestre de 2024. El dividendo es pagadero el 30 de septiembre de 2024, para los accionistas registrados hasta el 17 de septiembre de 2024. El objetivo de la empresa es aumentar el valor para los accionistas mediante la ejecución de su plan de negocios estratégico, que incluye financiar adquisiciones y proyectos de expansión. La junta directiva de Global Self Storage revisa regularmente el plan, centrándose en la formación de capital, la relación deuda-capital, la política de dividendos y las métricas de rendimiento financiero. La dirección cree que la empresa está bien posicionada para seguir ejecutando su plan estratégico basado en su desempeño operativo y recursos de capital.

글로벌 셀프 스토리지 (NASDAQ:SELF)는 셀프 저장소 부동산을 전문으로 하는 부동산 투자 신탁으로, 2024년 3분기 보통주당 $0.0725의 현금 배당금을 선언했습니다. 이 배당금은 2024년 9월 30일 지급될 예정입니다며, 2024년 9월 17일 기준 주주에게 지급됩니다. 회사의 목표는 주주 가치를 증대시키는 것입니다 전략적 사업 계획을 실행함으로써, 이 계획에는 인수 및 확장 프로젝트에 대한 자금 지원이 포함됩니다. 글로벌 셀프 스토리지의 이사회는 자본 형성, 부채-자본 비율, 배당 정책 및 재무 성과 지표에 초점을 맞추어 정기적으로 계획을 검토합니다. 경영진은 회사가 운영 성과와 자본 자원에 기반하여 전략적 계획을 계속 실행할 수 있는 좋은 위치에 있다고 믿고 있습니다.

Global Self Storage (NASDAQ:SELF), un fonds d'investissement immobilier spécialisé dans les propriétés de self-stockage, a déclaré un dividende en espèces de 0,0725 $ par action ordinaire pour le troisième trimestre de 2024. Le dividende est payable le 30 septembre 2024, pour les actionnaires enregistrés au 17 septembre 2024. L'objectif de l'entreprise est d'augmenter la valeur pour les actionnaires en exécutant son plan stratégique d'affaires, qui comprend le financement d'acquisitions et de projets d'expansion. Le conseil d'administration de Global Self Storage examine régulièrement le plan, en se concentrant sur la formation de capital, les ratios dettes/équité, la politique de dividende et les indicateurs de performance financière. La direction estime que l'entreprise est bien positionnée pour continuer à exécuter son plan stratégique en fonction de ses performances opérationnelles et de ses ressources en capital.

Global Self Storage (NASDAQ:SELF), ein Immobilien-Investmentfonds, der sich auf Self-Storage-Immobilien spezialisiert hat, hat eine Barausschüttung von $0.0725 pro Stammaktie erklärt für das dritte Quartal 2024. Die Dividende ist am 30. September 2024 zahlbar für die Aktionäre, die am 17. September 2024 registriert sind. Das Ziel des Unternehmens ist es, Wert für die Aktionäre zu steigern durch die Umsetzung seines strategischen Geschäftsplans, der die Finanzierung von Übernahmen und Expansionsprojekten umfasst. Der Vorstand von Global Self Storage überprüft regelmäßig den Plan und konzentriert sich dabei auf die Kapitalschaffung, das Verhältnis von Schulden zu Eigenkapital, die Dividendenpolitik und die finanziellen Leistungskennzahlen. Das Management ist der Überzeugung, dass das Unternehmen gut positioniert ist, um seinen strategischen Plan basierend auf seiner betrieblichen Leistung und seinen Kapitalressourcen weiter umzusetzen.

Positive
  • Declared a quarterly dividend of $0.0725 per common share
  • Continued focus on executing strategic business plan for value creation
  • Management confident in company's operational performance and capital resources
Negative
  • None.

MILLBROOK, NY / ACCESSWIRE / September 3, 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 $0.0725 per common share for the third quarter of 2024.

The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 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

FAQ

What is the dividend amount declared by Global Self Storage (SELF) for Q3 2024?

Global Self Storage (NASDAQ:SELF) has declared a cash dividend of $0.0725 per common share for the third quarter of 2024.

When is the Q3 2024 dividend payable for Global Self Storage (SELF) stockholders?

The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024.

What is Global Self Storage's (SELF) strategic focus for increasing shareholder value?

Global Self Storage aims to increase shareholder value by funding acquisitions, either directly or through joint ventures, and pursuing expansion projects at existing properties.

How does Global Self Storage (SELF) review its strategic business plan?

The company's board of directors regularly reviews the strategic business plan, emphasizing capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels.

Global Self Storage, Inc.

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