dividendsafetychecker.com

Extra Space Storage IncEXR

RealEstate · REIT - Industrial

Borderline
Worth watching. Roughly 1 in 10 stocks with this rating cut within a year

Scored 2026-07-07 · updates weekly

56.4BORDERLINE0100

What’s driving the score

Dividend yield27%
84
Yield vs its own history20%
92
Interest coverage9%
52
Free cash flow payout
n/a
Years since last cut9%
92
Dividend growth (1y)7%
57
Cash flow payout5%
55
Profit steadiness4%
79
Earnings payout
n/a
Debt load3%
90
Revenue growth3%
99
Cash vs debt1%
61

100 is the best score. The small percentage shows how much each factor counts. Hover a factor name for what it means. “n/a” means that factor doesn’t apply to this type of company (banks and REITs work differently), so the other factors count more.

The bottom line

As of 2026-07-07, Extra Space Storage (EXR) scores 56.4 out of 100 on the Dividend Safety Checker scale, which rates its dividend Borderline. In our testing, roughly 1 in 10 stocks with this rating cut their dividend within a year, so it belongs on a watch list.

The strongest parts of the picture are revenue growth, yield vs its own history, years since last cut. The main things holding the score back are interest coverage (scoring 52 out of 100) and cash flow payout (55 out of 100). How easily operating profit covers the interest bill on the company's debt.

Extra Space Storage currently yields 4.3%, last cut its dividend about 17 years ago. The score updates weekly as new filings and prices come in.

Common questions

Is Extra Space Storage's dividend safe?

As of 2026-07-07, Extra Space Storage (EXR) scores 56.4 out of 100 on the Dividend Safety Checker scale, which rates its dividend Borderline. In our testing, roughly 1 in 10 stocks with this rating cut their dividend within a year, so it belongs on a watch list.

How likely is EXR to cut its dividend in the next 12 months?

Extra Space Storage is rated Borderline (score 56.4 of 100). In our testing, roughly 1 in 10 stocks with this rating cut their dividend within a year, so it belongs on a watch list. The rating comes from a formula tested against every US dividend cut from 2008 to 2025.

When did Extra Space Storage last cut its dividend?

Extra Space Storage's last dividend cut was about 17 years ago, based on its payment history.

What is Extra Space Storage's dividend yield?

As of 2026-07-07, Extra Space Storage yields 4.3% based on its trailing 12 months of regular dividend payments.

How is this dividend safety score calculated?

The score combines 12 measurable factors: payout ratios, debt, profit steadiness, yield versus the stock's own history, and the company's cut record. Each factor is graded against 18 years of real dividend-cut history. The full method is public at dividendsafetychecker.com/methodology.

Answers are generated from the latest model run and refresh with each rescore. Not investment advice. See how the score works.

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Extra Space Storage IncEXRDividend safety check · 2026-07-07BorderlineWorth watching. Roughly 1 in 10 stocks with thisrating cut within a year56.4BORDERLINE0100What’s driving the score100 = safestDividend yield84Yield vs its own history92Interest coverage52Years since last cut92Dividend growth (1y)57Cash flow payout55Profit steadiness79Debt load90Revenue growth99Cash vs debt61Free score for any US stock. Not investment advice.dividendsafetychecker.com

Want to know how this is calculated? The whole method is public, and so is its track record. Or browse more RealEstate dividend stocks.

Is Extra Space Storage's (EXR) Dividend Safe? Score: 56.4, Borderline | Dividend Safety Checker