Page title
Section title
- Dividend Yield
- 3.64%
- Payout Ratio
- 1.55%
- Dividend Amount Per Share
- $6.48
- Last Ex-Dividend Date
- Sep 16, 2024
EXR Dividend Safety
EXR paid out 1.55% of its $803M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
EXR's Dividend Payout Ratio of 1.55% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
EXR's Interest Coverage Ratio of 35.763 indicates strong financial health with easy coverage of interest expenses.
Income Quality
EXR shows excellent income quality with a ratio of 1.749. This indicates high-quality earnings and low risk of dividend cuts.
EXR Dividend Growth
Extra Space Storage Inc.(EXR) offers a dividend yield of 3.64% and pays $6.48 in dividends per share. Explore the historical dividend growth of EXR.
Dividend Stability
EXR has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.
Dividend Growth
EXR's dividend payments have increased by 12.475% annually over the last 5 years.
Earnings Growth
EXR's earnings have grown by 13.847% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
EXR Dividend Yield Attractiveness
Extra Space Storage Inc.(EXR) provides a dividend yield of 3.64%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.64%
4.00%
4.67%
6.33%
Dividend Yield
EXR's dividend yield of 3.64% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
EXR Cash Flow
Over the past 12 months, EXR generated $3B in revenue, produced $2B in free cash flow, and distributed $1B in dividends.
Free Cash Flow Growth
EXR's free cash flow has grown by 12.943% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
EXR Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Extra Space Storage Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.