EXR Extra Space Storage Inc. — dividend yield, history & ex-dividend dates
Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for EXR
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 72% (TTM to Jun 30, 2026) | 86 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 5.8x (TTM to Jun 30, 2026) | 81 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 3.7x (TTM to Jun 30, 2026) | 56 | 15% |
| Dividend record | 16 years of uninterrupted regular payments | 78 | 20% |
| Operating cash flow stability | Operating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for EXR
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 12.5% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the operating cash flow payout ratio 72% (TTM to Jun 30, 2026) | 76 | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR -0.0% (FY2022–FY2025) | 40 | 15% |
| Revenue growth (3 years) | Revenue CAGR 19.8% (FY2022–FY2025) | 100 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 11.2% (2015–2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Value Score is built for EXR
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 87th percentile of its 120 month-end yields | 87 | 40% |
| P/OCF vs own 5-year median | P/OCF 16.6 is 0.99x its 5-year median of 16.8 | 52 | 25% |
| Operating cash flow yield | Operating cash flow yield 6.2% (TTM to Jun 30, 2026) | 42 | 20% |
| P/OCF vs peers | P/OCF 16.6 vs peer median 12.6 (1.32x; 112 reit / Real Estate securities) | 20 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
4.48%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$6.4800
Declared Aug 19, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
67
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$126.69 – $152.85
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
143.13% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
22
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
2.28
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
EXR has raised its annual dividend in 15 separate years since September 2004, which ranks 737 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
EXR's dividend yield rose from 4.33% to 4.48% over the past ~90 days (+0.15 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.15 pp from the share price ($149.73 on Aug 03, 2026 → $144.75 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), EXR's current yield is higher than approximately 33% of them. Our stored price history for EXR covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $1.6200 Q | Regular | Aug 19, 2026 | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $1.6200 Q | Regular | May 14, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $1.6200 Q | Regular | Feb 13, 2026 | Mar 16, 2026 | Mar 16, 2026 | Mar 31, 2026 |
| $1.6200 Q | Regular | Nov 20, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $1.6200 Q | Regular | Aug 21, 2025 | Sep 15, 2025 | Sep 15, 2025 | Sep 30, 2025 |
| $1.6200 Q | Regular | May 22, 2025 | Jun 16, 2025 | Jun 16, 2025 | Jun 30, 2025 |
| $1.6200 Q | Regular | Feb 21, 2025 | Mar 14, 2025 | Mar 14, 2025 | Mar 31, 2025 |
| $1.6200 Q | Regular | Nov 15, 2024 | Dec 16, 2024 | Dec 16, 2024 | Dec 31, 2024 |
| $1.6200 Q | Regular | Aug 19, 2024 | Sep 16, 2024 | Sep 16, 2024 | Sep 30, 2024 |
| $1.6200 Q | Regular | May 24, 2024 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 |
| $1.6200 Q | Regular | Feb 22, 2024 | Mar 14, 2024 | Mar 15, 2024 | Mar 29, 2024 |
| $1.6200 Q | Regular | Nov 15, 2023 | Dec 14, 2023 | Dec 15, 2023 | Dec 29, 2023 |
| $0.6100 Q | Regular | Aug 18, 2023 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 |
| $1.0100 M | Special | Jul 03, 2023 | Jul 12, 2023 | Jul 13, 2023 | Jul 19, 2023 |
| $1.6200 Q | Regular | May 26, 2023 | Jun 14, 2023 | Jun 15, 2023 | Jun 30, 2023 |
| $1.6200 Q | Regular | Feb 16, 2023 | Mar 14, 2023 | Mar 15, 2023 | Mar 31, 2023 |
| $1.5000 Q | Regular | Nov 21, 2022 | Dec 13, 2022 | Dec 14, 2022 | Dec 30, 2022 |
| $1.5000 Q | Regular | Aug 19, 2022 | Sep 14, 2022 | Sep 15, 2022 | Sep 30, 2022 |
| $1.5000 Q | Regular | May 26, 2022 | Jun 14, 2022 | Jun 15, 2022 | Jun 30, 2022 |
| $1.5000 Q | Regular | Feb 16, 2022 | Mar 14, 2022 | Mar 15, 2022 | Mar 31, 2022 |
| $1.2500 Q | Regular | Nov 22, 2021 | Dec 14, 2021 | Dec 15, 2021 | Dec 31, 2021 |
| $1.2500 Q | Regular | Aug 23, 2021 | Sep 14, 2021 | Sep 15, 2021 | Sep 30, 2021 |
| $1.0000 Q | Regular | May 27, 2021 | Jun 14, 2021 | Jun 15, 2021 | Jun 30, 2021 |
| $1.0000 Q | Regular | Feb 18, 2021 | Mar 12, 2021 | Mar 15, 2021 | Mar 31, 2021 |
| $0.9000 Q | Regular | Nov 12, 2020 | Dec 14, 2020 | Dec 15, 2020 | Dec 31, 2020 |
| $0.9000 Q | Regular | Aug 21, 2020 | Sep 14, 2020 | Sep 15, 2020 | Sep 30, 2020 |
| $0.9000 Q | Regular | May 15, 2020 | Jun 12, 2020 | Jun 15, 2020 | Jun 30, 2020 |
| $0.9000 Q | Regular | Feb 13, 2020 | Mar 13, 2020 | Mar 16, 2020 | Mar 31, 2020 |
| $0.9000 Q | Regular | Nov 11, 2019 | Dec 13, 2019 | Dec 16, 2019 | Dec 31, 2019 |
| $0.9000 Q | Regular | Aug 26, 2019 | Sep 13, 2019 | Sep 16, 2019 | Sep 30, 2019 |
| $0.9000 Q | Regular | May 23, 2019 | Jun 13, 2019 | Jun 14, 2019 | Jun 28, 2019 |
| $0.8600 Q | Regular | Feb 14, 2019 | Mar 14, 2019 | Mar 15, 2019 | Mar 29, 2019 |
| $0.8600 Q | Regular | Nov 13, 2018 | Dec 13, 2018 | Dec 14, 2018 | Dec 31, 2018 |
| $0.8600 Q | Regular | Aug 24, 2018 | Sep 13, 2018 | Sep 14, 2018 | Sep 28, 2018 |
| $0.8600 Q | Regular | May 24, 2018 | Jun 14, 2018 | Jun 15, 2018 | Jun 29, 2018 |
| $0.7800 Q | Regular | Feb 15, 2018 | Mar 14, 2018 | Mar 15, 2018 | Mar 29, 2018 |
| $0.7800 Q | Regular | Nov 10, 2017 | Dec 14, 2017 | Dec 15, 2017 | Dec 29, 2017 |
| $0.7800 Q | Regular | Aug 25, 2017 | Sep 14, 2017 | Sep 15, 2017 | Sep 29, 2017 |
| $0.7800 Q | Regular | May 23, 2017 | Jun 13, 2017 | Jun 15, 2017 | Jun 30, 2017 |
| $0.7800 Q | Regular | Feb 16, 2017 | Mar 13, 2017 | Mar 15, 2017 | Mar 31, 2017 |
| $0.7800 Q | Regular | Dec 08, 2016 | Dec 15, 2016 | Dec 19, 2016 | Dec 30, 2016 |
| $0.7800 Q | Regular | Aug 29, 2016 | Sep 13, 2016 | Sep 15, 2016 | Sep 30, 2016 |
| $0.7800 Q | Regular | May 25, 2016 | Jun 13, 2016 | Jun 15, 2016 | Jun 30, 2016 |
| $0.5900 Q | Regular | Feb 24, 2016 | Mar 11, 2016 | Mar 15, 2016 | Mar 31, 2016 |
| $0.5900 Q | Regular | Nov 13, 2015 | Dec 11, 2015 | Dec 15, 2015 | Dec 31, 2015 |
| $0.5900 Q | Regular | Aug 28, 2015 | Sep 11, 2015 | Sep 15, 2015 | Sep 30, 2015 |
| $0.5900 Q | Regular | May 27, 2015 | Jun 11, 2015 | Jun 15, 2015 | Jun 30, 2015 |
| $0.4700 Q | Regular | Feb 20, 2015 | Mar 12, 2015 | Mar 16, 2015 | Mar 31, 2015 |
| $0.4700 Q | Regular | Nov 24, 2014 | Dec 11, 2014 | Dec 15, 2014 | Dec 31, 2014 |
| $0.4700 Q | Regular | Sep 02, 2014 | Sep 11, 2014 | Sep 15, 2014 | Sep 30, 2014 |
| $0.4700 Q | Regular | May 23, 2014 | Jun 11, 2014 | Jun 13, 2014 | Jun 30, 2014 |
| $0.4000 Q | Regular | Feb 24, 2014 | Mar 12, 2014 | Mar 14, 2014 | Mar 28, 2014 |
| $0.4000 Q | Regular | Nov 18, 2013 | Dec 11, 2013 | Dec 13, 2013 | Dec 31, 2013 |
| $0.4000 Q | Regular | Sep 04, 2013 | Sep 12, 2013 | Sep 16, 2013 | Sep 30, 2013 |
| $0.4000 Q | Regular | May 22, 2013 | Jun 12, 2013 | Jun 14, 2013 | Jun 28, 2013 |
| $0.2500 Q | Regular | Feb 21, 2013 | Mar 13, 2013 | Mar 15, 2013 | Mar 29, 2013 |
| $0.2500 Q | Regular | Nov 08, 2012 | Dec 06, 2012 | Dec 10, 2012 | Dec 31, 2012 |
| $0.2000 I | Regular | Sep 10, 2012 | Sep 13, 2012 | Sep 17, 2012 | Sep 28, 2012 |
| $0.2000 Q | Regular | Jun 05, 2012 | Jun 13, 2012 | Jun 15, 2012 | Jun 29, 2012 |
| $0.2000 Q | Regular | Feb 24, 2012 | Mar 13, 2012 | Mar 15, 2012 | Mar 30, 2012 |
| $0.1400 Q | Regular | Nov 29, 2011 | Dec 07, 2011 | Dec 09, 2011 | Dec 30, 2011 |
| $0.1400 Q | Regular | Aug 29, 2011 | Sep 13, 2011 | Sep 15, 2011 | Sep 30, 2011 |
| $0.1400 Q | Regular | May 24, 2011 | Jun 13, 2011 | Jun 15, 2011 | Jun 30, 2011 |
| $0.1400 Q | Regular | Feb 24, 2011 | Mar 11, 2011 | Mar 15, 2011 | Mar 31, 2011 |
| $0.1000 Q | Regular | Aug 30, 2010 | Dec 08, 2010 | Dec 10, 2010 | Dec 31, 2010 |
| $0.1000 Q | Regular | Aug 27, 2010 | Sep 13, 2010 | Sep 15, 2010 | Sep 30, 2010 |
| $0.1000 Q | Regular | May 26, 2010 | Jun 11, 2010 | Jun 15, 2010 | Jun 30, 2010 |
| $0.1000 Q | Regular | Feb 24, 2010 | Mar 11, 2010 | Mar 15, 2010 | Mar 31, 2010 |
| $0.1300 S | Regular | Nov 13, 2009 | Dec 08, 2009 | Dec 10, 2009 | Dec 31, 2009 |
| $0.2500 S | Regular | Feb 17, 2009 | Mar 11, 2009 | Mar 13, 2009 | Mar 31, 2009 |
| $0.2500 Q | Regular | Nov 25, 2008 | Dec 11, 2008 | Dec 15, 2008 | Dec 31, 2008 |
| $0.2500 Q | Regular | Aug 29, 2008 | Sep 11, 2008 | Sep 15, 2008 | Sep 30, 2008 |
| $0.2500 Q | Regular | May 30, 2008 | Jun 11, 2008 | Jun 13, 2008 | Jun 30, 2008 |
| $0.2500 Q | Regular | Feb 28, 2008 | Mar 12, 2008 | Mar 14, 2008 | Mar 31, 2008 |
| $0.2500 Q | Regular | Oct 30, 2007 | Dec 12, 2007 | Dec 14, 2007 | Dec 31, 2007 |
| $0.2275 Q | Regular | Aug 29, 2007 | Sep 12, 2007 | Sep 14, 2007 | Sep 28, 2007 |
| $0.2275 Q | Regular | Jun 01, 2007 | Jun 13, 2007 | Jun 15, 2007 | Jun 29, 2007 |
| $0.2275 Q | Regular | Mar 01, 2007 | Mar 13, 2007 | Mar 15, 2007 | Mar 30, 2007 |
| $0.2275 Q | Regular | Nov 22, 2006 | Dec 13, 2006 | Dec 15, 2006 | Dec 29, 2006 |
| $0.2275 Q | Regular | Sep 01, 2006 | Sep 13, 2006 | Sep 15, 2006 | Sep 29, 2006 |
| $0.2275 Q | Regular | May 31, 2006 | Jun 13, 2006 | Jun 15, 2006 | Jun 30, 2006 |
| $0.2275 Q | Regular | Feb 22, 2006 | Mar 13, 2006 | Mar 15, 2006 | Mar 31, 2006 |
| $0.2275 Q | Regular | Nov 23, 2005 | Dec 13, 2005 | Dec 15, 2005 | Dec 30, 2005 |
| $0.2275 Q | Regular | Aug 29, 2005 | Sep 13, 2005 | Sep 15, 2005 | Sep 30, 2005 |
| $0.2275 Q | Regular | Jun 01, 2005 | Jun 13, 2005 | Jun 15, 2005 | Jun 30, 2005 |
| $0.2275 Q | Regular | Feb 22, 2005 | Mar 11, 2005 | Mar 15, 2005 | Mar 31, 2005 |
| $0.2275 Q | Regular | Nov 23, 2004 | Dec 09, 2004 | Dec 13, 2004 | Dec 31, 2004 |
| $0.1113 Q | Regular | Sep 07, 2004 | Sep 13, 2004 | Sep 15, 2004 | Sep 30, 2004 |
Peer Comparison
Selected REIT - Industrial dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| FR | First Industrial Realty Trust, Inc. | 3.68% | 12.2% | 12 yrs | 84 |
| EGP | EastGroup Properties, Inc. | 3.59% | 13.9% | 14 yrs | 84 |
| TRNO | Terreno Realty Corporation | 3.58% | 12.5% | 14 yrs | 81 |
| PLD | Prologis, Inc. | 3.42% | 11.7% | 12 yrs | 76 |
Related Guides & Lists
EXR dividend — frequently asked questions
Does Extra Space Storage Inc. pay a dividend?
Yes. Extra Space Storage Inc. (EXR) currently pays a dividend. The annualized dividend is about $6.48 per share, a yield of approximately 4.48%.
What is Extra Space Storage Inc.'s dividend yield?
Extra Space Storage Inc.'s dividend yield is approximately 4.48%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Extra Space Storage Inc. pay dividends?
Extra Space Storage Inc. pays dividends quarterly — 4 times per year.
How long has Extra Space Storage Inc. paid dividends?
Extra Space Storage Inc. has 22 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.