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MILLBROOK, NY - Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust (REIT) specializing in self-storage properties, has announced a quarterly cash dividend. Stockholders will receive $0.0725 per common share on June 30, 2025, with a record date of June 16, 2025. The company currently offers an attractive dividend yield of 5.03%, with its stock trading near its 52-week high of $5.89.
The company’s strategy focuses on increasing shareholder value by executing a business plan that includes strategic acquisitions and expansions. Regular reviews by the board of directors ensure the plan aligns with financial metrics such as capital formation, debt-to-equity ratios, dividend policy, and cash levels. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 4.49 and operates with a moderate level of debt. For deeper insights, InvestingPro offers additional exclusive tips and detailed financial metrics.
Management believes their operational performance and capital resources will support the continued execution of this strategy. Global Self Storage operates a portfolio of 13 properties across multiple states, providing secure and accessible storage solutions for residential and commercial customers.
This dividend declaration is consistent with the company’s commitment to delivering value to its stockholders and is supported by its operational strength. The forward-looking statements in the press release reflect the company’s goals and are subject to risks and uncertainties that could affect actual results.
Investors are reminded that forward-looking statements involve risks and that actual results may differ materially. The company does not undertake any obligation to update these statements in the future. The information in this article is based on a press release statement.
In other recent news, Global Self Storage has declared a cash dividend for the first quarter of 2025. Stockholders of record will receive a dividend of $0.0725 per common share, payable at the end of March 2025. This announcement aligns with the company’s ongoing strategy to enhance stockholder value through acquisitions and expansion projects. The board of directors regularly reviews this strategy, considering key financial metrics such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO). Global Self Storage’s management asserts that the company’s operational performance and capital resources are sufficient to support its strategic initiatives. The dividend declaration is consistent with the company’s established policy and underscores its commitment to providing shareholder returns. Investors should note that forward-looking statements carry risks and uncertainties, which may lead to actual results differing from projections.
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