SALT
LAKE CITY, Jan. 25, 2024 /PRNewswire/ -- Extra
Space Storage Inc. (NYSE:EXR) (the "Company") announced today the
tax allocations of the Company's 2023 dividend distributions on its
common stock. The allocations, as they will be reported on Form
1099-DIV, are as follows for EXR common shares CUSIP#
30225T102:
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)
|
03/14/2023
|
03/15/2023
|
03/31/2023
|
$1.620000
|
$1.545827
|
$0.126835
|
$0.074173
|
$0.000000
|
$1.418991
|
$0.074173
|
06/14/2023
|
06/15/2023
|
06/30/2023
|
$1.620000
|
$1.545827
|
$0.126835
|
$0.074173
|
$0.000000
|
$1.418991
|
$0.074173
|
07/12/2023
|
07/13/2023
|
07/19/2023
|
$1.010000
|
$0.963756
|
$0.079076
|
$0.046244
|
$0.000000
|
$0.884680
|
$0.046244
|
09/14/2023
|
09/15/2023
|
09/29/2023
|
$0.610000
|
$0.582071
|
$0.047759
|
$0.027929
|
$0.000000
|
$0.534312
|
$0.027929
|
12/14/2023
|
12/15/2023
|
12/29/2023
|
$1.620000
|
$1.545827
|
$0.126835
|
$0.074173
|
$0.000000
|
$1.418991
|
$0.074173
|
|
|
Totals
|
$6.480000
|
$6.183307
|
$0.507342
|
$0.296693
|
$0.000000
|
$5.675965
|
$0.296693
|
- Of the Total Capital Gain Distribution in
box 2a, 100.00% is excluded under Treas. Reg.
ยง1.1061-4(b)(7).
|
In addition, the Company also announced the tax allocations for
the Life Storage, Inc. ("LSI") 2023 dividend distributions on its
common stock, prior to the merger of the two companies on
July 20, 2023. The allocations, as
they will be reported on Form 1099-DIV, are as follows for LSI
common shares CUSIP# 53223X107:
Life 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)
|
Unrecaptured
Section 1250
Gain Per
Share (Box 2b)
|
Nondividend
Distribution
Per Share
(Box 3)
|
Section
199A
Dividend
Per Share
(Box 5)
|
Section
897
Capital
Gain Per
Share
(Box
2f)
|
|
|
|
|
|
|
|
|
|
|
1/12/2023
|
1/13/2023
|
1/26/2023
|
$1.2000000
|
$1.018056
|
$0.000000
|
$0.000000
|
$0.000000
|
$0.181944
|
$1.018056
|
$0.000000
|
|
|
4/13/2023
|
4/14/2023
|
4/26/2023
|
$1.2000000
|
$1.018056
|
$0.000000
|
$0.000000
|
$0.000000
|
$0.181944
|
$1.018056
|
$0.000000
|
|
|
7/12/2023
|
7/13/2023
|
7/19/2023
|
$0.9000000
|
$0.763542
|
$0.000000
|
$0.000000
|
$0.000000
|
$0.136458
|
$0.763542
|
$0.000000
|
|
|
|
|
Totals
|
$3.3000000
|
$2.799654
|
$0.000000
|
$0.000000
|
$0.000000
|
$0.500346
|
$2.799654
|
$0.000000
|
|
|
This release is based on the preliminary results of work on the
Company's and Life Storage, Inc.'s tax filings and may be subject
to correction or adjustment when the filings are completed. The
Company is releasing information for EXR and LSI at this time to
aid those required to distribute Forms 1099 on 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, 2023, the Company owned and/or
operated 3,651 self-storage properties, which comprise
approximately 2.5 million units and approximately 279.0 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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/extra-space-storage-inc-announces-tax-reporting-information-for-2023-distributions-and-life-storage-incs-2023-distributions-302045229.html
SOURCE Extra Space Storage Inc.