Global Self Storage, Inc. (NASDAQ:SELF) Announces $0.07 Quarterly Dividend

Global Self Storage, Inc. (NASDAQ:SELF) declared a quarterly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0725 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Monday, June 15th.

Global Self Storage has raised its dividend payment by an average of 0.0%annually over the last three years.

Global Self Storage Trading Down 0.2%

Shares of SELF opened at $5.15 on Tuesday. Global Self Storage has a 52 week low of $4.73 and a 52 week high of $5.83. The stock has a 50 day moving average of $5.26 and a 200-day moving average of $5.14. The firm has a market cap of $58.81 million, a price-to-earnings ratio of 30.29 and a beta of 0.02.

Global Self Storage (NASDAQ:SELF) last announced its earnings results on Friday, May 8th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $3.17 million during the quarter, compared to the consensus estimate of $3.08 million. Global Self Storage had a net margin of 15.37% and a return on equity of 4.19%.

Global Self Storage Company Profile

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.