Extra Space Storage (EXR) Dividend History & Yield

Extra Space Storage (EXR) has increased its dividend for multiple years and currently yields 4.84%. The most recent payment was $1.6200/share on Mar 16, 2026, paid Quarterly.

Current Yield

4.84%

TTM Dividend/Share

$6.48

Payment Frequency

Quarterly

Payout Ratio

141.1%

Consecutive Growth Years

0

Div Growth (1Y CAGR)

0.00%

Div Growth (5Y CAGR)

12.47%

Div Growth (10Y CAGR)

11.21%

Dividend Safety Score

2 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 141.1%, 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 grown over the past 5 years.

10+ years of consecutive growth

Only 0 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 16, 2026

    Payment date
    Mar 31, 2026
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.65%
  • Ex-date Dec 15, 2025

    Payment date
    Dec 31, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.86%
  • Ex-date Sep 15, 2025

    Payment date
    Sep 30, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.51%
  • Ex-date Jun 16, 2025

    Payment date
    Jun 30, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.35%
  • Ex-date Mar 14, 2025

    Payment date
    Mar 31, 2025
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.47%
  • Ex-date Dec 16, 2024

    Payment date
    Dec 31, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.16%
  • Ex-date Sep 16, 2024

    Payment date
    Sep 30, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    3.65%
  • Ex-date Jun 14, 2024

    Payment date
    Jun 28, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.14%
  • Ex-date Mar 14, 2024

    Payment date
    Mar 29, 2024
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.55%
  • Ex-date Dec 14, 2023

    Payment date
    Dec 29, 2023
    Dividend
    $1.6200
    Adj. dividend
    $1.6200
    Yield (ex-date)
    4.19%
  • Ex-date Sep 14, 2023

    Payment date
    Sep 29, 2023
    Dividend
    $0.6100
    Adj. dividend
    $0.6100
    Yield (ex-date)
    5.04%
  • Ex-date Jul 12, 2023

    Payment date
    Jul 19, 2023
    Dividend
    $1.0100
    Adj. dividend
    $1.0100
    Yield (ex-date)
    4.77%

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.

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 4.84%.

What is Extra Space Storage's dividend yield?

Extra Space Storage (EXR) has a current dividend yield of 4.84%.

Is Extra Space Storage's dividend safe?

Extra Space Storage (EXR) passes 2 out of 5 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 141.1%.