Dividend Information About Extra Space Storage: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Sep 11, 2025 7:25 pm ET1min read
EXR--
Aime RobotAime Summary

- Extra Space Storage (EXR) announced a $1.62/share dividend on Sep 30, 2025, exceeding its 10-year average of $0.663/share.

- Goldman Sachs downgraded EXR to Neutral with a $146 price target, citing limited near-term growth catalysts despite strong fundamentals.

- Scotiabank reduced its price target to $162 while maintaining Outperform, and Mizuho kept a Buy rating at $154, highlighting EXR's market resilience.

- Investors must purchase shares by Sep 15, 2025, to qualify for the elevated cash dividend, reflecting the company's commitment to shareholder returns.



Extra Space Storage (EXR) has announced its next dividend payout, with an ex-dividend date set for Sep 15, 2025, following an announcement made on Aug 21, 2025. Investors who wish to be eligible for the upcoming dividend must purchase the stock before this date, as the dividend will be distributed on Sep 30, 2025, at a rate of $1.62 per share. This amount is significantly higher than the average of the last 10 dividend payouts, which stood at approximately $0.663 per share. The dividend type is a cash dividend, consistent with the company’s prior distribution on Jun 30, 2025, which also paid $1.62 per share. The increased payout reflects a positive trend in the company’s ability to return value to shareholders, and highlights its financial stability and commitment to maintaining a consistent dividend policy.

Recently, Extra Space StorageEXR-- has been in the spotlight for several key developments. Over the past week, analysts have noted a mixed financial landscape for the company, with technical indicators signaling caution for short-term traders despite a modest 3.07% price increase. On the same note, Goldman SachsGS-- revised its stance on EXREXR--, downgrading the stock to Neutral from Buy and lowering the price target to $146, citing a lack of near-term catalysts. This adjustment suggests that while the company remains fundamentally strong, its near-term growth potential is under scrutiny. Additionally, as of late, Scotiabank has also revised its price target for EXR, reducing it to $162 from $166 but maintaining an Outperform rating, reinforcing the firm’s belief in the company’s long-term prospects.

Mizuho Securities has further reinforced a positive outlook, maintaining a Buy rating on EXR and setting a target price of $154. The analyst’s confidence underscores the company’s robust fundamentals and market positioning, particularly in the real estate and storage industry. Meanwhile, investors are also closely watching the upcoming ex-dividend date on Sep 15, 2025, as it marks the final day for investors to purchase the stock and qualify for the $1.62 per share dividend. Any purchase made after this date will not entitle investors to the upcoming payout, highlighting the importance of timing for those looking to benefit from this cash dividend.

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