Extra Space Storage is a self-administered and self-managed real estate investment trust, which is engaged in owning, operating, managing, acquiring, developing and redeveloping self-storage properties (stores). Co. operating segments are: self-storage operations; and tenant reinsurance. Co.'s self-storage operations activities include rental operations of wholly-owned stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in Co.'s stores. Substantially all of Co.'s business is conducted through its subsidiary, Extra Space Storage LP. The EXR stock yearly return is shown above.
The yearly return on the EXR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the EXR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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