EXR Dividend History & Analysis | 4.6% Yield

EXR has a dividend yield of 4.6% and paid 6.48 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.56%
Payout Ratio 144.6%
Growth Rate CAGR 5y 9.54%
Consistency Lifetime 96.7%
Yield on Cost 5y 6.71%
Payout FCF 73.0%
Streak Years 22
Dividend Rating 72.95%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Specialized REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
MRP 4,949 M 8.87% 12.7%
EPR 4,130 M 6.62% 12.7%
GLPI 12,905 M 6.70% 9.81%
NSA 4,643 M 7.06% 7.82%
OUT 4,092 M 6.45% 8.57%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
OUT 4,092 M 56.5% 76.4%
SAFE 1,001 M 33.9% 53.3%
EPR 4,130 M 23.8% 94.9%
SBAC 19,905 M 17.6% 100%
FPI 506 M 21.8% 87.4%

EXR Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-15 2025-12-15 2025-12-31 Quarterly 1.62 0% 1.21%
2025-09-15 2025-09-15 2025-09-30 Quarterly 1.62 0% 1.11%
2025-06-16 2025-06-16 2025-06-30 Quarterly 1.62 0% 1.09%
2025-03-14 2025-03-14 2025-03-31 Quarterly 1.62 0% 1.13%
2024-12-16 2024-12-16 2024-12-31 Quarterly 1.62 0% 1.03%
2024-09-16 2024-09-16 2024-09-30 Quarterly 1.62 0% 0.92%
2024-06-14 2024-06-14 2024-06-28 Quarterly 1.62 0% 1.04%
2024-03-14 2024-03-15 2024-03-29 Quarterly 1.62 0% 1.12%
2023-12-14 2023-12-15 2023-12-29 Quarterly 1.62 165.6% 1.1%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.61 -39.6% 0.49%
2023-07-12 2023-07-13 2023-07-19 Quarterly 1.01 -37.7% 0.66%
2023-06-14 2023-06-15 2023-06-30 Quarterly 1.62 0% 1.12%
2023-03-14 2023-03-15 2023-03-31 Quarterly 1.62 8% 1.02%
2022-12-13 2022-12-14 2022-12-30 Quarterly 1.5 0% 0.92%
2022-09-14 2022-09-15 2022-09-30 Quarterly 1.5 0% 0.79%
2022-06-14 2022-06-15 2022-06-30 Quarterly 1.5 0% 0.95%
2022-03-14 2022-03-15 2022-03-31 Quarterly 1.5 20% 0.77%
2021-12-14 2021-12-15 2021-12-31 Quarterly 1.25 0% 0.59%
2021-09-14 2021-09-15 2021-09-30 Quarterly 1.25 25% 0.67%
2021-06-14 2021-06-15 2021-06-30 Quarterly 1 0% 0.63%
2021-03-12 2021-03-15 2021-03-31 Quarterly 1 11.1% 0.78%
2020-12-14 2020-12-15 2020-12-31 Quarterly 0.9 0% N/A
2020-09-14 2020-09-15 2020-09-30 Quarterly 0.9 0% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.9 0% N/A
2020-03-13 2020-03-16 2020-03-31 Quarterly 0.9 0% N/A
2019-12-13 2019-12-16 2019-12-31 Quarterly 0.9 0% N/A
2019-09-13 2019-09-16 2019-09-30 Quarterly 0.9 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.9 4.7% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.86 0% N/A
2018-12-13 2018-12-14 2018-12-31 Quarterly 0.86 0% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.86 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.86 10.3% N/A
2018-03-14 2018-03-15 2018-03-29 Quarterly 0.78 0% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.78 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.78 0% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.78 0% N/A
2017-03-13 2017-03-15 2017-03-31 Quarterly 0.78 0% N/A
2016-12-15 2016-12-19 2016-12-30 Quarterly 0.78 0% N/A
2016-09-13 2016-09-15 2016-09-30 Quarterly 0.78 0% N/A
2016-06-13 2016-06-15 2016-06-30 Quarterly 0.78 32.2% N/A
2016-03-11 2016-03-15 2016-03-31 Quarterly 0.59 0% N/A
2015-12-11 2015-12-15 2015-12-31 Quarterly 0.59 0% N/A
2015-09-11 2015-09-15 2015-09-30 Quarterly 0.59 0% N/A
2015-06-11 2015-06-15 2015-06-30 Quarterly 0.59 25.5% N/A
2015-03-12 2015-03-16 2015-03-31 Quarterly 0.47 0% N/A
2014-12-11 2014-12-15 2014-12-31 Quarterly 0.47 0% N/A
2014-09-11 2014-09-15 2014-09-30 Quarterly 0.47 0% N/A
2014-06-11 2014-06-13 2014-06-30 Quarterly 0.47 17.5% N/A
2014-03-12 2014-03-14 2014-03-28 Quarterly 0.4 0% N/A
2013-12-11 2013-12-13 2013-12-31 Quarterly 0.4 0% N/A

EXR Dividend FAQ

Extra Space Storage Inc. (NYSE: EXR) is a self-administered REIT and S&P 500 constituent headquartered in Salt Lake City, Utah. As of September 30 2025 it owned or operated 4,238 self-storage facilities across 43 states and Washington, D.C., encompassing roughly 2.9 million units and 326.9 million rentable square feet under the Extra Space brand.

What is the Dividend Yield of EXR?

As of February 2026, EXR`s dividend yield is 4.56%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.48 USD by the current share price of 135.20.

Does EXR pay a dividend?

As of February 2026, EXR paid a dividend of 6.48 USD in the last 12 months. The last dividend was paid on 2025-12-15 and the payout was 1.62 USD.

How often does EXR pay dividends?

EXR pays dividends quarterly. Over the last 12 months, EXR has issued 4 dividend payments. The last dividend payment was made on 2025-12-15.

EXR dividend forecast

Based on historical data, the forecasted dividends per share for EXR for the next 4 payments are between 1.656 (+2.2%) and 1.704 (+5.2%).
This suggests the dividend will remain relatively stable.

Will EXR pay dividends in 2026?

The latest dividend paid per share was 1.62 USD with an Ex-Dividend Date of 2025-12-15. The next Ex-Dividend date for Extra Space Storage (EXR) is currently unknown.

What is the next Ex-Dividend Date for EXR?

The next Ex-Dividend date for Extra Space Storage (EXR) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of EXR?

EXR's average dividend growth rate over the past 5 years is 9.54% per year.
Strong growth: EXR's Dividend growth is outpacing inflation.

What is the Yield on Cost of EXR?

EXR's 5-Year Yield on Cost is 6.71%. If you bought EXR's shares at 96.58 USD five years ago, your current annual dividend income (6.48 USD per share, trailing 12 months) equals 6.71% of your original purchase price.

What is the Payout Consistency of EXR?

EXR Payout Consistency is 96.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Extra Space Storage has a strong track record of consistent dividend payments over its lifetime.

Does EXR have a good Dividend Yield?

EXR`s 4.56% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of EXR?

The Dividend Payout Ratio of EXR is 144.6%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of EXR?

EXR`s Overall Dividend Rating is 72.95%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

EXR Outstanding Shares Analysis

What is the Trend in EXR's Outstanding Shares?

Extra Space Storage's outstanding shares have decreased by approximately 1.85% annually over the past 3 years (Trend Reliability: -33.3%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has EXR ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2003 4,491,900
2004 15,241,800 +239.32%
2005 37,465,700 +145.81%
2006 52,501,900 +40.13%
2007 64,901,200 +23.62%
2008 81,737,000 +25.94%
2009 86,437,900 +5.75%
2010 87,484,700 +1.21%
2011 94,314,400 +7.81%
2012 112,007,700 +18.76%
2013 114,560,700 +2.28%
2014 121,652,400 +6.19%
2015 131,021,400 +7.7%
2016 126,065,500 -3.78%
2017 134,676,600 +6.83%
2018 133,584,100 -0.81%
2019 137,436,400 +2.88%
2020 138,127,800 +0.5%
2021 141,088,900 +2.14%
2022 143,341,100 +1.6%
2023 219,961,300 +53.45%
2024 211,738,000 -3.74%
2025 211,918,600 +0.09%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-03 04:21