EXR REIT — Extra Space Storage

Extra Space Storage (EXR)

Updated October 16, 2026.

EXR is a REIT. its distribution rate is 4.64%, its trailing-12-month yield is 4.64%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 2702.0% over the past 22.2 years, 1729.4 points ahead of SPY at 972.6%.

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

Price and return data through 2026-10-16.

Total return is 2702.0% over the past 22.2 years, 1729.4 points ahead of SPY at 972.6%. Over the past year its total return — price change plus distributions reinvested — is -3.8%. Its deepest 1-year drawdown was 16.7%.

EXR key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

3.90%

Issuer

Extra Space Storage

Asset type

REIT

Asset class

Real Estate

Distribution rate

4.64%

Distribution frequency

Quarterly

Trailing yield

4.64%

5-year average yield

3.6

Last close

$139.61 (as of 2026-10-16)

Market cap

$29,495,342,992

Average volume

1206100.0

Dividend

$1.62

Ex-dividend date

09/15/2026

Payment date

09/30/2026

Beta

1.166

Payout ratio

119.3%

P/E ratio

30.82

Forward P/E

28.9855

EPS

$4.53

How Dividend Vision calculates yield and returns

Distribution rate (4.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.64%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Extra Space Storage or company 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 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.

More on EXR

• All tickers starting with E

Tagged: REIT, Real Estate, Dividend.

Frequently asked questions

More securities from Extra Space Storage.