Extra Space Storage Inc. Announces Tax Reporting Information for 2024 Distributions | EXR Stock News

    Date:

    SALT LAKE CITY, Jan. 24, 2025 /PRNewswire/ — Extra Space Storage Inc. (NYSE:EXR) (the “Company”) announced today the tax allocations of the Company’s 2024 dividend distributions on its common stock. The allocations, as they will be reported on Form 1099-DIV, are as follows for common shares CUSIP# 30225T102:

    Extra Space Storage. You deserve some extra space! (PRNewsFoto/Extra Space Storage Inc.)

    Ex-
    Dividend
    Date

    Record
    Date

    Payable
    Date

    Total
    Distribution
    Per Share

    Ordinary
    Dividend
    Per Share

    (Box 1a)

    Qualified
    Dividend 
    Per Share

    (Box 1b)

    Capital Gain
    Distribution
    Per Share

    (Box 2a)1

    Unrecaptured
    Section 1250
    Gain

    Per Share

    (Box 2b)

    Section
    199A
    Dividend

    Per Share

    (Box 5)

     Section
    897
    Capital Gain

    Per Share

    (Box 2f)

    03/14/2024

    03/15/2024

    03/29/2024

    $1.620000

    $1.582206

    $0.294917

    $0.037794

    $0.015530

    $1.287289

    $0.037794

    06/14/2024

    06/14/2024

    06/28/2024

    $1.620000

    $1.582206

    $0.294917

    $0.037794

    $0.015530

    $1.287289

    $0.037794

    09/16/2024

    09/16/2024

    09/30/2024

    $1.620000

    $1.582206

    $0.294917

    $0.037794

    $0.015530

    $1.287289

    $0.037794

    12/16/2024

    12/16/2024

    12/31/2024

    $1.620000

    $1.582206

    $0.294917

    $0.037794

    $0.015530

    $1.287289

    $0.037794

    Totals

    $6.480000

    $6.328823

    $1.179667

    $0.151177

    $0.062120

    $5.149156

    $0.151177

    1.

    Of the Total Capital Gain Distribution in box 2a, 90.42% is excluded under Treas. Reg. §1.1061-4(b)(7). The remaining 9.58% is a Three-Year Amount under Treas. Reg. §1.1061-6(c).

    This release is based on the preliminary results of work on the Company’s tax filings and may be subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company’s distributions. No material change in the classification is expected.

    Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Company distributions.

    About Extra Space Storage Inc.
    Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500.  As of September 30, 2024, the Company owned and/or operated 3,862 self-storage properties, which comprise approximately 2.7 million units and approximately 296.0 million square feet of rentable storage space operating under the Extra Space, Life Storage and Storage Express brands. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.

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    SOURCE Extra Space Storage, Inc.

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