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

Global Self Storage, Inc. (NASDAQ:SELF) declared a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid 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 dividend yield of 5.6%. The ex-dividend date is Monday, June 15th.

Global Self Storage has increased its dividend by an average of 0.0%per year over the last three years.

Global Self Storage Trading Down 0.2%

Shares of NASDAQ SELF opened at $5.15 on Tuesday. The firm has a market cap of $58.82 million, a P/E ratio of 30.29 and a beta of 0.02. Global Self Storage has a 1-year low of $4.73 and a 1-year high of $5.83. The business’s 50 day moving average is $5.26 and its 200-day moving average is $5.14.

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

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.