Global Self Storage, Inc. (NASDAQ:SELF) to Issue $0.07 Quarterly Dividend

Key Points

• Global Self Storage, Inc. has announced a quarterly dividend of $0.0725 per share, set to be paid on September 30th to investors recorded by September 16th, which reflects an annualized yield of 5.5%.
• The company's stock experienced a decrease of 1.7%, trading at $5.27 during midday on Wednesday, with an average trading volume of 61,930 shares.
• For the last quarter, Global Self Storage reported earnings of $0.10 per share and revenues of $3.19 million, indicating a net margin of 19.56%.

Global Self Storage, Inc. (NASDAQ:SELF - Get Free Report) announced a quarterly dividend on Wednesday, September 3rd, Wall Street Journal reports. Investors of record on Tuesday, September 16th will be paid a dividend of 0.0725 per share by the financial services provider on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, September 16th.

Global Self Storage Trading Down 1.7%

Global Self Storage stock traded down $0.09 during midday trading on Wednesday, hitting $5.27. 61,930 shares of the stock were exchanged, compared to its average volume of 27,533. Global Self Storage has a fifty-two week low of $4.78 and a fifty-two week high of $5.89. The stock has a market capitalization of $59.76 million, a price-to-earnings ratio of 23.75 and a beta of 0.03. The stock's 50-day simple moving average is $5.27 and its 200 day simple moving average is $5.26.

Global Self Storage (NASDAQ:SELF - Get Free Report) last posted its earnings results on Friday, August 8th. The financial services provider reported $0.10 earnings per share for the quarter. The company had revenue of $3.19 million for the quarter. Global Self Storage had a net margin of 19.56% and a return on equity of 5.23%.

Global Self Storage Company Profile

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.

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