The board of directors for Extra Space Storage Inc., a self-storage real estate investment trust, has declared a quarterly dividend of $0.20 per share on the common stock of the company for the second quarter 2012.
The dividend includes a deficiency dividend of $2,762,033, as defined in Section 860 of the Internal Revenue Code of 1986, as amended, which relates to the company's 2010 taxable year. The dividend is payable on June 29 to stockholders of record at the close of business on June 15, 2012.
Headquartered in Salt Lake City, Extra Space is a real estate investment trust (REIT) that owns or operates 882 self-storage properties in 34 states and Washington, D.C. The company's properties comprise approximately 585,000 units and 64 million square feet of rentable space, offering storage solutions including boat storage, RV storage and business storage.