Here’s How You Can Earn $100 In Passive Income By Investing In Extra Space Storage Stock
November 9, 2025
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Extra Space Storage Inc. (NYSE:EXR) is a real estate investment trust that owns, operates, and manages self-storage facilities across the U.S.
The 52-week range of Extra Space Storage stock price was $121.03 to $175.58.
Extra Space Storage’s dividend yield is 4.94%. It paid $6.47 per share in dividends during the last 12 months.
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The company on Oct. 29 announced its Q3 2025 earnings, posting FFO of $2.08, in line with expectations, while revenues of $735.58 million came in below the consensus estimate of $778.89 million, as reported by Benzinga.
“We delivered solid third quarter results, while navigating a challenging operational landscape, allowing us to increase our annual Core FFO guidance. Although same-store revenue remained relatively flat, we are encouraged by the gradual improvement in market fundamentals. This improvement has resulted in accelerating new customer rate growth,” said CEO Joe Margolis. “Our external growth initiatives remained active during the quarter, highlighted by significant additions to our third-party management platform, substantial bridge loan originations, and strategic property acquisitions.”
For its full-year 2025, the company expects core FFO in the range of $8.12 to $8.20, versus the prior range of $8.05 to $8.25.
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If you want to make $100 per month — $1,200 annually — from Extra Space Storage dividends, your investment value needs to be approximately $24,291, which is around 185 shares at $131.06 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (4.94% in this case). So, $1,200 / 0.0494 = $24,291 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Extra Space Storage stock an attractive option for making a steady income of $100 per month by owning 185 shares of stock.
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Image: Shutterstock
This article Here’s How You Can Earn $100 In Passive Income By Investing In Extra Space Storage Stock originally appeared on Benzinga.com
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