Extra Space Storage Inc. (EXR) Yield on Cost (YOC): 4.46%
The yield on cost (YOC) for Extra Space Storage Inc. (EXR) is 4.46%.
EXR Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
4.46%
Yield on Cost for EXR
EXR now pays $6.48 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-16) | $87.91 | 7.37% |
| 5 years ago(2021-06-18) | $159.41 | 4.06% |
| 3 years ago(2023-06-21) | $146.01 | 4.44% |
| 1 year ago(2025-06-16) | $148.97 | 4.35% |
| Buying today(at $145.33) | $145.33 | 4.46% |
If you buy today and the dividend keeps growing
Projection: starting from today's 4.46% yield, assuming the dividend keeps compounding at its historical 12.5% rate. Boards set dividends each year, so actual figures will differ.
Today
4.46%
In 3 years
6.42%
In 5 years
8.19%
In 10 years
15.03%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Extra Space Storage Inc. (EXR).
Starting Yield
4.46%
Ending YOC
26.02%
Year 15 Dividend
$37.82
Cum. Dividends Recd.
$282.45
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.48 | — | 4.46% | $0.00 |
| Year 1 | $7.29 | +12.48% | 5.02% | $7.29 |
| Year 2 | $8.20 | +12.48% | 5.64% | $15.49 |
| Year 3 | $9.22 | +12.48% | 6.35% | $24.71 |
| Year 4 | $10.37 | +12.48% | 7.14% | $35.08 |
| Year 5 | $11.67 | +12.48% | 8.03% | $46.75 |
| Year 6 | $13.12 | +12.48% | 9.03% | $59.87 |
| Year 7 | $14.76 | +12.48% | 10.16% | $74.63 |
| Year 8 | $16.60 | +12.48% | 11.42% | $91.23 |
| Year 9 | $18.67 | +12.48% | 12.85% | $109.91 |
| Year 10 | $21.01 | +12.48% | 14.45% | $130.91 |
| Year 11 | $23.63 | +12.48% | 16.26% | $154.54 |
| Year 12 | $26.58 | +12.48% | 18.29% | $181.12 |
| Year 13 | $29.89 | +12.48% | 20.57% | $211.01 |
| Year 14 | $33.62 | +12.48% | 23.14% | $244.63 |
| Year 15 | $37.82 | +12.48% | 26.02% | $282.45 |
Extra Space Storage Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Extra Space Storage Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Extra Space Storage Inc. (EXR)?
- The yield on cost (YOC) for EXR stock is 4.46%.
About Extra Space Storage Inc.
Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Joseph Daniel Margolis