Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2024 on Tuesday, July 30, 2024 after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Wednesday, July 31, 2024, to discuss its financial results. Hosting the call will be Extra Space Storage's CEO, Joe Margolis. Joining him will be Scott Stubbs, Executive Vice President and CFO.
Extra Space Storage Inc (NYSE:EXR) recently announced a dividend of $1.62 per share, payable on 2024-06-28, with the ex-dividend date set for 2024-06-14. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Extra Space Storage Inc's dividend performance and assess its sustainability.
Extra Space Storage (EXR) is likely to benefit from the high brand value, accretive buyouts and a healthy balance sheet. However, lower new customer rates and high interest rates are concerns.