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

Global Self Storage, Inc. (NASDAQ:SELF) announced a quarterly dividend on Tuesday, September 1st. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.0725 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Wednesday, September 16th.

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

Global Self Storage Price Performance

Shares of Global Self Storage stock traded up $0.10 on Wednesday, hitting $5.36. 30,546 shares of the company’s stock traded hands, compared to its average volume of 32,083. The firm’s 50-day moving average price is $5.23 and its two-hundred day moving average price is $5.20. The stock has a market capitalization of $61.16 million and a PE ratio of 29.75. Global Self Storage has a one year low of $4.73 and a one year high of $5.75.

Global Self Storage (NASDAQ:SELF) last announced its quarterly earnings results on Friday, August 7th. The financial services provider reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $3.21 million for the quarter, compared to the consensus estimate of $3.15 million. Global Self Storage had a net margin of 16.64% and a return on equity of 4.57%.

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.