EXR REIT — Extra Space Storage

Extra Space Storage (EXR)

EXR is a low-cost REIT. As of August 28, 2026, its distribution rate is 4.54%, its trailing-12-month yield is 4.53%. Dividend Vision Distribution Safety Score™ is 88/100 (Safe). Fund total return is 2734.8% over the past 22 years, 1756.3 points ahead of SPY at 978.5%.

At the current 4.54% distribution rate, a $10,000 investment would generate approximately $454 per year, or $37.83 per month on an equivalent basis. Actual quarterly payments vary.

Extra Space Storage is a self-administered real estate investment trust that owns and operates the nation's largest self-storage portfolio, comprising thousands of properties across the United States offering storage units for personal, vehicle, and business use. The trust distributes quarterly payments at a moderate current distribution rate. This REIT appeals primarily to income-focused investors seeking exposure to the self-storage real estate sector.

EXR performance versus SPY

Data as of August 28, 2026.

Fund total return is 2734.8% over the past 22 years, 1756.3 points ahead of SPY at 978.5%. Its deepest 1-year drawdown was 16.7%.

EXR key facts

Data as of August 28, 2026.

Distribution Safety Score™

88 · Safe

Safety-Adjusted Yield

4.00%

Issuer

Extra Space Storage

Asset type

REIT

Asset class

Real Estate

Distribution rate

4.54%

Distribution frequency

Quarterly

Trailing yield

4.53%

5-year average yield

3.72

Last close

$142.91

Market cap

$31,801,028,608

Average volume

813288.0

Last dividend

$1.6200

Ex-dividend date

09/15/2026

Payment date

09/30/2026

Beta

1.185

Payout ratio

1.1934

P/E ratio

31.949

Forward P/E

33.1126

EPS

$4.51

How Dividend Vision calculates yield and returns

Distribution rate (4.54%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.53%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: Extra Space Storage fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EXR risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 16.7%.

Who may consider EXR — and who may not

EXR may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (EXR pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Extra Space Storage.