Global Self Storage Declares $0.0725 Quarterly Dividend, Maintains Payout
Global Self Storage, a self-storage property REIT, declared a quarterly dividend of $0.0725 per share on March 2, 2026. The distribution matches the prior year's quarterly rate and represents an annualized dividend of $0.29 per share.
Global Self Storage, Inc. (NASDAQ: SELF), a real estate investment trust that owns and operates self-storage properties, declared a quarterly dividend of $0.0725 per share on March 2, 2026. The payment holds steady from both the previous quarter and the year-ago period. Read more dividend announcements.
The quarterly distribution represents an annualized dividend rate of $0.29 per share. The company indicated the dividend was both maintained and covered by current earnings.
| Dividend Details | Information |
|---|---|
| Amount | $0.0725 per share |
| Frequency | Quarterly |
| Annualized Rate | $0.29 per share |
| Declaration Date | March 2, 2026 |
| Record Date | Not disclosed |
| Ex-Dividend Date | Not disclosed |
| Payment Date | Not disclosed |
Fourth Quarter and Full Year 2025 Performance
The Millbrook, New York-based REIT reported total revenues of $3.2 million for the fourth quarter ended December 31, 2025, down 0.9% from the prior year period. Net income increased to $323,000, or $0.03 per diluted share, compared to $84,000, or $0.01 per diluted share, in the year-ago quarter.
Same-store occupancy reached 93.0% at December 31, 2025, up 10 basis points from 92.9% a year earlier. The company described this as sector-leading occupancy. Average tenant duration of stay maintained a record level of approximately 3.5 years, up from 3.4 years in the prior year period.
Funds from operations decreased to $1.0 million, or $0.08 per diluted share, from $1.1 million in the fourth quarter of 2024. Adjusted funds from operations declined to $1.1 million, or $0.09 per diluted share, from $1.2 million a year earlier.
For the full year 2025, total revenues increased 1.4% to a record $12.7 million. Net income decreased slightly to $2.0 million, or $0.18 per diluted share, from $2.1 million, or $0.19 per diluted share, in 2024. Same-store revenues rose 1.4% to a record $12.6 million, while same-store net operating income increased 0.6% to a record $7.8 million.
Full-year funds from operations increased 2.7% to $4.0 million, or $0.36 per diluted share. Adjusted funds from operations rose 3.4% to $4.4 million, or $0.39 per diluted share. The company maintained and covered four quarterly dividends totaling $0.29 per common share during 2025.
Capital Position
Global Self Storage reported capital resources of approximately $24.5 million at December 31, 2025. This total comprised $7.5 million in cash, cash equivalents and restricted cash, $2.3 million in marketable securities, and $14.7 million available under the company's revolving credit facility.
President and CEO Mark C. Winmill stated the company achieved record-high annual total revenues, same-store revenues, and net operating income in 2025 with sector-leading same-store occupancy of 93% at year-end. He noted the company's focus on expense control resulted in reduced corporate-level general and administrative expenses and slower growth in store-level expenses.