The board of directors for Extra Space Storage Inc., a self-storage real estate investment trust, has declared a quarterly dividend of $0.40 per share on the common stock of the company for the second quarter 2013. This is a 60 percent increase over the dividend of the previous quarter, which was $0.25. The dividend is payable on June 28 to stockholders of record at the close of business on June 14.
Extra Space also released its quarterly earnings for the first quarter of 2013 on April 29. A conference call took place on April 29 during which CEO Spencer Kirk, along with Scott Stubbs, executive vice president and chief financial officer, and Karl Haas, executive vice president and chief operations officer, reviewed first-quarter performance. The conference call playback, available through May 29, is accessible by calling 888.286.8010 in the United States or 617.801.6888 internationally. The conference ID is 78100435. A replay of the call is also available on the investor-relations page of ExtraSpace.com.
Headquartered in Salt Lake City, Extra Space owns or operates 965 self-storage properties in 35 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 640,000 units and 70 million square feet of rentable space.