Trailing Dividend / Share
$6.50
Extra Space Storage Inc. (EXR) Dividend History
Income profile from 2004 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.3%
Payout Ratio
1.6%
Sustainable
Dividend Streak
15 years
3-Second Income Check
Safety
1.6% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 5.9% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield4.3%
Trailing DPS$6.50
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout1.6%
Earnings SafetySustainable
FCF Payout72.9%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak15 years
3Y CAGR2.6%
5Y CAGR12.5%
Yield on Cost (5Y)5.9%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield4.3%
1Y Total Return3.2%
5Y Total Return46.2%
Div Contribution (5Y)24.2%
Estimated $10K growth (return + dividends):
5Y ago$14,61910Y ago$24,04620Y ago$138,714
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (23 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Extra Space Storage Inc. distributes 1.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 72.9%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
EXR has raised its dividend for 15 consecutive years, with a 3-year CAGR of 2.6% and 5-year CAGR of 12.5%.
Total Shareholder Returns
Beyond cash dividends, EXR returns capital through share repurchases. The combined picture: 4.3% dividend yield, 4.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.9% and is currently rising. The 5-year total return is 46.2%, with dividends contributing 24.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,046 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$29.56
Avg/Payment$1.4780
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 16, 2026Latest | $1.6200 | — | 4.29% | Mar 31, 2026 |
| Dec 15, 2025 | $1.6200 | — | 4.86% | Dec 31, 2025 |
| Sep 15, 2025 | $1.6200 | — | 4.51% | Sep 30, 2025 |
| Jun 16, 2025 | $1.6200 | — | 4.35% | Jun 30, 2025 |
| Mar 14, 2025 | $1.6200 | — | 4.47% | Mar 31, 2025 |
| Dec 16, 2024 | $1.6200 | — | 4.16% | Dec 31, 2024 |
| Sep 16, 2024 | $1.6200 | — | 3.65% | Sep 30, 2024 |
| Jun 14, 2024 | $1.6200 | — | 4.14% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: Self-Storage REITs
#4 yield in peer group
Div Yield
4.3%
#4 of 4
Safety
Sustainable
1.6% payout
Streak
15Y
12.5% 5Y CAGR
Total Shareholder
4.3%
#4 of 4
Annual Dividend History
26 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.62 | — | 1 | — | — | — | 1.5% |
| 2025 | $6.48 | 0.0% | 4 | — | — | — | 5.9% |
| 2024 | $6.48 | 0.0% | 4 | $4.03 | 160.8% | 0.62x | 5.9% |
| 2023 | $6.48 | 8.0% | 5 | $4.74 | 136.7% | 0.73x | 5.9% |
| 2022 | $6.00 | 33.3% | 4 | $6.41 | 93.6% | 1.07x | 5.4% |
| 2021 | $4.50 | 25.0% | 4 | $6.19 | 72.7% | 1.38x | 4.1% |
| 2020 | $3.60 | 1.1% | 4 | $3.71 | 97.0% | 1.03x | 3.3% |
| 2019 | $3.56 | 6.0% | 4 | $3.24 | 109.9% | 0.91x | 3.2% |
| 2018 | $3.36 | 7.7% | 4 | $3.12 | 107.7% | 0.93x | 3.0% |
| 2017 | $3.12 | 6.5% | 4 | $3.76 | 83.0% | 1.21x | 2.8% |
See EXR's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does EXR pay per share?
Extra Space Storage Inc. (EXR) pays a trailing 12-month dividend of $6.50 per share, with a current dividend yield of +4.3%. Payments are made Annual.
When is EXR's next ex-dividend date?
EXR's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. EXR typically pays dividends Annual.
Is EXR's dividend safe?
EXR's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.6% and FCF payout ratio of +72.9%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is EXR a Dividend Achiever?
Yes, Extra Space Storage Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +12.5%, demonstrating above-inflation dividend growth.
How often does EXR pay dividends?
Extra Space Storage Inc. pays dividends Annual. The trailing 12-month total is $6.50 per share. Dividend data on this page covers 22+ years from 2004 to 2026.
How much would $10,000 invested in EXR grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in EXR five years ago would be worth approximately $14,619 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is EXR's yield on cost for long-term holders?
EXR's yield on cost — the current dividend divided by the original purchase price — is +5.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.3% market yield, thanks to consistent dividend growth.