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

Global Self Storage, Inc. (NASDAQ:SELF) declared 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 5.7%. The ex-dividend date of this dividend is Wednesday, September 16th.

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

Global Self Storage Price Performance

Shares of NASDAQ SELF opened at $5.11 on Monday. Global Self Storage has a twelve month low of $4.73 and a twelve month high of $5.75. The company has a 50 day moving average of $5.23 and a 200 day moving average of $5.21. The firm has a market cap of $58.36 million and a P/E ratio of 28.39.

Global Self Storage (NASDAQ:SELF) last announced its 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 during the quarter, compared to analyst estimates of $3.15 million. Global Self Storage had a net margin of 16.64% and a return on equity of 4.57%.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Global Self Storage from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

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.