Salt Lake-based Extra Space Storage Inc. said Friday its board of directors has declared a quarterly dividend of 22.75 cents per share on the company's common stock.
The dividend is payable Sept. 29 to stockholders of record Sept. 15.
Extra Space Storage is a real estate investment trust that owns or operates 634 self-storage properties in 31 states and Washington, D.C. The second-largest operator of self-storage in the country, Extra Space has properties of more than 425,000 units and 47 million square feet rented by more than 340,000 tenants.
The company's stock fell 25 cents Friday to close at $17.25. During the past year, the price has ranged from $13 to $17.85.
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