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Extra Space Storage (EXR) Dividend History & Yield

Extra Space Storage (EXR) has increased its dividend for multiple years and currently yields 4.56%. The most recent dividend was $1.6200/share on Mar 31, 2026, paid Quarterly.

Current Yield

4.56%

TTM Dividend/Share

$6.48

Payment Frequency

Quarterly

Payout Ratio

147.3%

Consecutive Growth Years

0

Div Growth (1Y CAGR)

0.00%

Div Growth (5Y CAGR)

12.47%

Div Growth (10Y CAGR)

11.21%

Above average — potential buy zone
Yield vs historical averages (same scale)
Now4.56%
1Y · 4.98%
3Y · 4.39%
5Y · 3.85%

EXR: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.

Dividend health

Chowder score

17.0%

FCF payout ratio

20.4%

Net debt / EBITDA

4.3x

Interest coverage

0.98x

ROIC (TTM)

8.6%

Dividend Safety Score

2 out of 8 checks passed

Payout ratio below 75%

Payout ratio is 147.3%, above the 75% threshold.

Free cash flow covers dividend

FCF/share ($8.63) covers dividend/share ($6.48).

No dividend cuts in 10+ years

2 dividend cut(s) in the last 10 years.

Positive earnings growth trend

Earnings per share have declined over the past 5 years.

10+ years of consecutive growth

Only 0 consecutive year(s) of dividend growth.

FCF payout ratio below 70%

FCF payout ratio is 20.4%, below the 70% threshold.

Net Debt/EBITDA below 3x

Net Debt/EBITDA is 4.3x.

Dividend growth ≤ earnings growth (5Y)

Dividend growth (12.5%) exceeds EPS growth (-1.9%) — payout ratio expanding.

Per-payment dividend history

  • Ex-date Jun 15, 2026

    Payment date
    Jun 30, 2026
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Mar 16, 2026

    Payment date
    Mar 31, 2026
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Dec 15, 2025

    Payment date
    Dec 31, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Sep 15, 2025

    Payment date
    Sep 30, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Jun 16, 2025

    Payment date
    Jun 30, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Mar 14, 2025

    Payment date
    Mar 31, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Dec 16, 2024

    Payment date
    Dec 31, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Sep 16, 2024

    Payment date
    Sep 30, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Jun 14, 2024

    Payment date
    Jun 28, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Mar 14, 2024

    Payment date
    Mar 29, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Dec 14, 2023

    Payment date
    Dec 29, 2023
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
  • Ex-date Sep 14, 2023

    Payment date
    Sep 29, 2023
    Dividend
    $0.6100
    Adj. dividend
    $0.6100

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 4.98%5Y: 3.85%10Y: 3.68%

Dividend Growth

CAGR (per year)1Y: 0.00%5Y: 12.47%10Y: 11.21%→ Stable

Dividend Increase Track Record

The table shows 16 year-over-year increases across 21 calendar years of data (20052025).

YearPrevious DPSNew DPSChange
2026$6.4800
2025$6.4800$6.48000.0%
2024$6.4800$6.48000.0%
2023$6.0000$6.4800+8.0%
2022$4.5000$6.0000+33.3%
2021$3.6000$4.5000+25.0%
2020$3.5600$3.6000+1.1%
2019$3.3600$3.5600+6.0%
2018$3.1200$3.3600+7.7%
2017$2.9300$3.1200+6.5%
2016$2.2400$2.9300+30.8%
2015$1.8100$2.2400+23.8%
2014$1.4500$1.8100+24.8%
2013$0.8500$1.4500+70.6%
2012$0.5600$0.8500+51.8%
2011$0.4000$0.5600+40.0%
2010$0.3800$0.4000+5.3%
2009$1.0000$0.3800-62.0%
2008$0.9325$1.0000+7.2%
2007$0.9100$0.9325+2.5%
2006$0.9100$0.91000.0%
2005$0.9100

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Cash dividends paid (USD) — TTM and history

Trailing-twelve-month and annual common dividends paid for Extra Space Storage (EXR) from the consolidated cash flow statement, in USD as filed.

Latest period

$1.37B

YoY change

-0.1%

5Y CAGR

+24.1%

Peak year (2024)

$1.38B

Latest annual

$1.37B

Cash dividends paid over time for Extra Space Storage (EXR)

Per-period cash dividends paid

Cash dividends paid annual + quarterly history for Extra Space Storage (EXR)

Fiscal yearPeriod endedReportedDividends PaidYoYYoY change
2025$1.37B-0.1%-$705,000
2024$1.38B+31.4%+$328.66M
2023$1.05B+29.9%+$241.03M
2022$805.31M+34.0%+$204.32M
2021$600.99M+28.5%+$133.23M
2020$467.76M+2.1%+$9.65M
2019$458.11M+7.8%+$33.21M
2018$424.91M+8.1%+$31.87M
2017$393.04M+6.9%+$25.22M
2016$367.82M+36.6%+$98.52M
2015$269.30M+28.2%+$59.21M
2014$210.09M+28.9%+$47.08M
2013$163.01M+84.6%+$74.73M
2012$88.29M+69.7%+$36.26M
2011$52.03M+48.8%+$17.06M
2010$34.96M+6.6%+$2.16M
2009$32.80M-58.5%-$46.32M
2008$79.12M+30.4%+$18.46M
2007$60.66M+21.3%+$10.66M
2006$50.01M+44.6%+$15.42M
2005$34.59M+227.5%+$24.02M
2004$10.56M+$10.56M
2003$0$0
2002$0$0
2001$0

The 2025 reading of Extra Space Storage (EXR) dividends paid is $1.37B – edged down 0.1% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Extra Space Storage dividends paid compounded at +24.1% per year, with the latest reading among the more recent periods of the dataset.

The highest annual dividends paid of $1.38B was reported in 2024. The lowest in the available history was $0 in 2001.

Extra Space Storage (EXR) sits 9th of 8 Real Estate peers we track on this metric, against a peer median of $2.55B.

Extra Space Storage Dividends Paid 2025: $1.37B

Extra Space Storage dividends paid in 2025 was $1.37B, edged down 0.1% below 2024.

Extra Space Storage Dividends Paid 2024: $1.38B

Extra Space Storage dividends paid in 2024 was $1.38B, surged 31.4% from 2023. This figure represents the highest annual value in the available history.

Extra Space Storage Dividends Paid 2023: $1.05B

Extra Space Storage dividends paid in 2023 was $1.05B, grew 29.9% from 2022.

Extra Space Storage Dividends Paid 2022: $805.31M

Extra Space Storage dividends paid in 2022 was $805.31M, surged 34.0% from 2021.

Extra Space Storage Dividends Paid 2021: $600.99M

Extra Space Storage dividends paid in 2021 was $600.99M.

See more financial history for Extra Space Storage (EXR).

Sector peers by dividends paid

Companies in the same sector as Extra Space Storage, ranked by their latest dividends paid.

CompanyDividends PaidSector
Prologis (PLD)$3.76BReal Estate
American Tower (AMT)$3.16BReal Estate
Realty Income (O)$2.92BReal Estate
Simon Property Group (SPG)$2.79BReal Estate
Public Storage (PSA)$2.30BReal Estate
Welltower (WELL)$1.88BReal Estate
Equinix (EQIX)$1.86BReal Estate
Digital Realty Trust (DLR)$1.73BReal Estate

Frequently asked questions

Does Extra Space Storage pay dividends?

Yes, Extra Space Storage (EXR) pays quarterly dividends of approximately $6.48 per share annually, yielding 4.56%.

What is Extra Space Storage's dividend yield?

Extra Space Storage (EXR) has a current dividend yield of 4.56%.

Is Extra Space Storage's dividend safe?

Extra Space Storage (EXR) passes 2 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Extra Space Storage increased its dividend?

Extra Space Storage (EXR) has 0 consecutive years of dividend increases.

What is Extra Space Storage's dividend payout ratio?

Extra Space Storage (EXR) has a dividend payout ratio of 147.3%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).

What is Extra Space Storage's dividends paid?

Latest reported dividends paid for Extra Space Storage (EXR) is $1.37B (period ending March 31, 2026).

How has Extra Space Storage dividends paid changed year-over-year?

Extra Space Storage (EXR) dividends paid changed -0.1% year-over-year on the latest annual filing.

What is the long-term growth rate of Extra Space Storage dividends paid?

Extra Space Storage (EXR) dividends paid compound annual growth rate is +24.1% over the most recent 5 years available.

When did Extra Space Storage dividends paid hit its highest annual value?

Extra Space Storage dividends paid reached its highest annual value of $1.38B in 2024.

What was Extra Space Storage dividends paid in 2024?

Extra Space Storage (EXR) dividends paid in 2024 was $1.38B.

What was Extra Space Storage dividends paid in 2025?

Extra Space Storage (EXR) dividends paid in 2025 was $1.37B.