EXR Dividend Calculator
Extra Space Storage Inc. yields 4.71%, comfortably above the 2.89% median across US dividend payers. That puts EXR in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.
EXR paid $6.48 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
EXR
Extra Space Storage Inc.
4.71%
yield
Dividend income
$10,000 in EXR pays you
$471.41
per year
- Paid each quarter
- $117.85
- Monthly average
- $39.28
- Shares bought
- 72.75
- Payments a year
- 4
Total over 10 years, taken as cash
$4,714.10
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
EXR dividend income by investment amount
Based on the current yield of 4.71%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $47.14 | $11.79 | $3.93 |
| $5,000 | $235.70 | $58.93 | $19.64 |
| $10,000 | $471.41 | $117.85 | $39.28 |
| $25,000 | $1,178.52 | $294.63 | $98.21 |
| $50,000 | $2,357.05 | $589.26 | $196.42 |
| $100,000 | $4,714.10 | $1,178.52 | $392.84 |
EXR with dividends reinvested
$10,000 in EXR, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $15,978
- After 20 years
- $25,531
- After 30 years
- $40,794
$14,714 taking the income as cash
$19,428 taking the income as cash
$24,142 taking the income as cash
What makes up EXR's 4.71% yield
EXR paid $6.48 per share over the last twelve months against a share price of $137.46, which is where the 4.71% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how EXR's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.
REITs are required to distribute the large majority of their taxable income to keep their tax status, which is why the yield is high by construction rather than by choice. It also means the payout ratio reads badly against accounting earnings: depreciation charges on property push reported earnings well below the cash actually collected, so the dividend is judged against funds from operations instead.
When EXR pays, and what that changes
EXR pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. EXR's full schedule and payment history are on its dividend page.
Is EXR's dividend covered by earnings?
EXR's payout ratio of 1.43 exceeds reported earnings, which is normal rather than alarming for a REIT: depreciation on property is a large non-cash charge that pushes accounting earnings well below the cash the business collects. The ratio is close to meaningless here, and the dividend is judged against funds from operations instead.
The figures hold the dividend flat, and that assumption carries more weight for EXR than it would for a lower-yielding holding. There is no established record of consecutive annual increases here, and at this yield a modest reduction in the payment changes the ten-year figure substantially.
EXR dividend calculator FAQ
- How much does $10,000 in EXR pay in dividends?
- At EXR's current yield of 4.71%, $10,000 pays about $471.41 a year — roughly $117.85 per payment, paid quarterly, or $39.28 a month averaged out.
- What would EXR be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in EXR would grow to about $15,978 after 10 years, against $14,714 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does EXR pay dividends?
- EXR pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is EXR's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check EXR's full payment history before relying on any of it.
- Why is EXR's dividend yield so high?
- EXR yields 4.71% against a 2.89% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. As a REIT it is required to distribute most of its taxable income, so a high yield is structural here rather than a signal.
More on EXR
Extra Space Storage Inc. is a common stock trading at $137.46 per share, paying quarterly. — All figures before tax. Not financial advice.