Welcome to our dedicated page for Global Self Storage news (Ticker: SELF), a resource for investors and traders seeking the latest updates and insights on Global Self Storage stock.
Global Self Storage Inc (SELF) provides investors and stakeholders with timely updates on its self-storage REIT operations across key U.S. markets. This page aggregates official press releases, financial disclosures, and strategic announcements directly from the company.
Access curated updates on property acquisitions, same-store performance metrics, and operational initiatives that drive this self-managed REIT’s growth. Users will find earnings reports, redevelopment project announcements, and insights into tenant retention strategies that underscore the company’s focus on security and operational efficiency.
Bookmark this page for streamlined access to Global Self Storage’s latest developments, including dividend policies, capital allocation decisions, and market expansion plans. Regular updates ensure you stay informed about one of the storage industry’s most hands-on operators.
Global Self Storage (NASDAQ:SELF) announced that underwriters exercised an option to purchase an additional 168,224 shares in its latest public offering, raising total shares sold to 1,289,720. The public offering price was set at $5.35, resulting in gross proceeds of approximately $6.9 million before expenses. EF Hutton served as the sole book-running manager for this offering. The offering was conducted under a shelf registration statement that became effective in December 2018, allowing the company to efficiently access capital markets.
Global Self Storage has announced a public offering of 1,121,496 shares of its common stock, priced at $5.35 per share, aimed at raising approximately $6.0 million in gross proceeds. The offering, managed by EF Hutton, is expected to close around June 25, 2021. The funds will be utilized for acquisitions, expansions of existing properties, and general corporate purposes. Additionally, the underwriters have been granted a 45-day option to purchase an extra 168,224 shares. The offering is registered under Form S-3 with the SEC.
Global Self Storage (NASDAQ:SELF) has launched a public offering of its common stock. All shares are being offered by the company, with an additional option for underwriters to purchase 15% more shares within 45 days. The offering is subject to market conditions and is backed by a shelf registration statement effective since December 7, 2018. EF Hutton is the sole book-running manager for this offering. Investors should consult the preliminary prospectus for more details, as the offering does not constitute a sale in jurisdictions where it is not registered.
Global Self Storage (NASDAQ: SELF) has announced a cash dividend of $0.065 per common share for the second quarter of 2021, payable on June 30, 2021, to stockholders of record as of June 15, 2021. This self-administered REIT operates 13 self-storage properties across various states, focusing on affordable and secure storage solutions for both residential and commercial customers. The declaration reflects the company’s ongoing commitment to return value to its shareholders amidst current market conditions.
Global Self Storage reported strong Q1 2021 results, with total revenues rising 9.0% to $2.4 million and net income of $411,000 compared to a loss of $356,000 in Q1 2020. Funds from operations (FFO) surged 72.1% to $602,000, while adjusted FFO (AFFO) increased 63.2% to $634,000. Same-store occupancy reached a record 96.1%, up from 91.4% a year ago. The company maintained a quarterly dividend of $0.065 per share and has strong capital resources of approximately $8.9 million. Management expressed confidence in continuing growth through expansions and strategic acquisitions.
Global Self Storage reported strong financial results for Q4 and the full year 2020, with total revenues reaching $2.4 million in Q4, a 6.8% increase year-over-year. Net income rose to $316,000, or $0.03 per diluted share. Full-year revenues also increased by 6.1% to $9.2 million. Notably, same-store occupancy improved to 95.1%, up 340 basis points from 2019. The company maintained a quarterly dividend of $0.065 per share. Challenges from the COVID-19 pandemic were effectively managed, as evidenced by consistent rent collections and a focus on digital marketing strategies.
Global Self Storage (NASDAQ:SELF) will participate in the 33rd Annual ROTH Growth Conference from March 15-17, 2021. This virtual event will host various companies and feature one-on-one meetings for investors and analysts. Key company executives, including President Mark C. Winmill and CFO Thomas O'Malley, will discuss their focus on underserved markets in the Northeast, Mid-Atlantic, and Midwest, which has enhanced their same-store performance. For registration, interested parties can click here.
Global Self Storage (NASDAQ: SELF) has declared a cash dividend of $0.065 per common share for Q1 2021. The dividend is scheduled for payment on March 31, 2021, to stockholders of record as of March 15, 2021.
The company operates 13 self-storage properties across multiple states, including Connecticut and New York, providing secure and affordable storage solutions for both residential and commercial customers.
Global Self Storage (NASDAQ: SELF) has declared a cash dividend of $0.065 per common share for the fourth quarter of 2020. This dividend will be paid on December 30, 2020, to stockholders of record as of December 15, 2020. The company operates and manages 13 self-storage properties across multiple states, offering secure and affordable storage solutions for residential and commercial customers.
Global Self Storage (NASDAQ: SELF) has declared a cash dividend of $0.065 per common share for the third quarter of 2020. The dividend is payable on September 30, 2020, to stockholders of record as of September 15, 2020. This highlights the company's commitment to returning value to its shareholders amidst ongoing challenges in the storage industry. Global Self Storage operates 13 self-storage properties across various states, providing secure and accessible storage options for both residential and commercial customers.
