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Extra Space Storage Inc. Announces Tax Reporting Information for 2024 Distributions
EXRExtra Space Storage(EXR) Prnewswire·2025-01-24 23:00

Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT) headquartered in Salt Lake City [3] - The company is a member of the S&P 500 and, as of September 30, 2024, owned and/or operated 3,862 self-storage properties, comprising approximately 2.7 million units and about 296.0 million square feet of rentable storage space [3] - It operates under the brands Extra Space, Life Storage, and Storage Express, offering a wide selection of conveniently located and secure storage units across the United States, including options for boat, RV, and business storage [3] - Extra Space Storage is the largest operator of self-storage properties in the United States [3] Dividend Distribution - The company announced the tax allocations for its 2024 dividend distributions on common stock, with a total distribution of 6.48pershare[1]Thebreakdownofthedividendpershareincludes6.48 per share [1] - The breakdown of the dividend per share includes 1.620000 for each of the four quarterly distributions, with specific allocations for ordinary dividends, qualified dividends, and capital gains [1] - Of the total capital gain distribution, 90.42% is excluded under Treas. Reg. §1.1061-4(b)(7), while the remaining 9.58% is classified as a Three-Year Amount under Treas. Reg. §1.1061-6(c) [1]