Global Self Storage, Inc. (SELF) to Issue Quarterly Dividend of $0.07 on June 30th

Global Self Storage, Inc. (NASDAQ:SELF) announced 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%per year over the last three years.

Global Self Storage Stock Performance

NASDAQ:SELF opened at $5.14 on Wednesday. The company has a market capitalization of $58.70 million and a PE ratio of 30.24. The company has a 50 day simple moving average of $5.26 and a two-hundred day simple moving average of $5.14. Global Self Storage has a fifty-two week low of $4.73 and a fifty-two week high of $5.82.

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

Institutional Trading of Global Self Storage

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers grew its position in shares of Global Self Storage by 158.3% during the 2nd quarter. Cetera Investment Advisers now owns 45,552 shares of the financial services provider’s stock worth $243,000 after buying an additional 27,914 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Global Self Storage during the 3rd quarter worth approximately $197,000. Raymond James Financial Inc. grew its position in shares of Global Self Storage by 45.1% during the 3rd quarter. Raymond James Financial Inc. now owns 27,220 shares of the financial services provider’s stock worth $137,000 after buying an additional 8,462 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Global Self Storage by 54.5% in the 3rd quarter. NewEdge Advisors LLC now owns 24,100 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 8,500 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of Global Self Storage in the 4th quarter worth $118,000. Institutional investors and hedge funds own 28.88% of the company’s stock.

About Global Self Storage

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.