Extra Space Finds Room for Another Dividend

Rich Duprey, The Motley Fool
Updated

Real estate investment trust Extra Space Storageannounced yesterday its third-quarter dividend of $0.40 per share, the same rate it paid last quarter after raising the payout 60%, from $0.25 per share.

The board of directors said the quarterly dividend is payable on Sept. 30 to the holders of record at the close of business on Sept. 16. The regular dividend payment equates to a $1.60-per-share annual dividend, yielding 3.9% based on the closing price today of Extra Space Storage's stock.

EXR Dividend Chart
EXR Dividend Chart


EXR Dividend data by YCharts

The article Extra Space Finds Room for Another Dividend originally appeared on Fool.com.

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