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Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust with a market capitalization of $65.31 million and an attractive 5.12% dividend yield, announced the outcomes of its annual stockholders meeting held on June 9, 2025. The meeting saw a 65.6% attendance of shareholders, representing 7,431,784 shares of the company’s common stock. According to InvestingPro data, the company maintains strong financial health with a "GREAT" overall rating and trades near its 52-week high of $5.89.
During the meeting, shareholders voted on the election of directors and other proposals as detailed in the company’s proxy statement. All nominees for the board of directors were elected to serve until the 2026 Annual Stockholder Meeting. The elected directors include George B. Langa, Thomas B. Winmill, Esq., Mark C. Winmill, Russell E. Burke III, William C. Zachary, and Sally C. Carroll, Esq. The board will oversee the company’s continued growth, which has achieved a 3.58% revenue increase over the last twelve months.
Additionally, RSM US LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The appointment received an overwhelming majority of votes in favor.
Shareholders also approved, on an advisory basis, the company’s executive compensation. The non-binding vote reflects shareholder support for the compensation of Global Self Storage’s executives.
The company, incorporated in Maryland, is headquartered at 3814 Route 44, Millbrook, New York, 12545. The results of the annual meeting are based on the information provided in the company’s SEC filing.
In other recent news, Global Self Storage, Inc. announced a quarterly cash dividend of $0.0725 per common share, payable on June 30, 2025. The record date for this dividend is set for June 16, 2025. The company’s strategy emphasizes increasing shareholder value through strategic acquisitions and expansions. This dividend declaration aligns with Global Self Storage’s commitment to delivering value to its stockholders, supported by its operational performance and capital resources. The board of directors regularly reviews the company’s business plan to ensure it meets financial metrics such as capital formation and dividend policy. Global Self Storage operates 13 properties across various states, providing storage solutions for residential and commercial customers. The company highlights that forward-looking statements involve risks and uncertainties, which could lead to different actual results.
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