Extra Space Storage Stock News

One of the many great things about investing in dividend stocks is that they don't typically cost a lot of money, making it easy for beginners to get started. Meanwhile, you can routinely buy more shares as you have additional cash to invest, enabling you to steadily grow your dividend income.

U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - wh...

Not all REITs are created equal. Some are growing far faster than others. We highlight 3 REITs with rapid growth prospects in 2025.

MINNEAPOLIS--(BUSINESS WIRE)--U-Haul® announced it is serving customers at a fourth retail, moving and storage center in Minneapolis – its 39th Company store in the North Star State. U-Haul Moving & Storage at West River Road at 1717 W. River Road N. opened under U-Haul management on Nov. 19 after being acquired on Nov. 18. The two-story building sits on 2.63 acres and was previously an Extra S...

SALT LAKE CITY , Nov. 20, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has established an unsecured commercial paper note program in the United States. Under th...

SALT LAKE CITY , Nov. 15, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 31, 2024, to stockholders of record at the close of business on December 16, 2024.

Storage REITs have kept pace with the REIT average, with Extra Space Storage showing strong growth and a competitive yield in a high-demand sector. EXR's merger with Life Storage has boosted FFO but increased costs, with a modest FFO per share growth forecast and a healthy uptick in occupancy. EXR's balance sheet is strong with solid liquidity, but its dividend yield is below the "no-risk" rate...

Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable cash flow, and peace of mind, making them ideal for retirement-focused investors seeking low-risk, inflation-protected income. For a retirement portfolio, I recommend high-quality dividend payers, a...