Global Self Storage, Inc. (SELF) To Go Ex-Dividend on June 15th

Global Self Storage, Inc. (NASDAQ:SELF) declared a quarterly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.0725 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Monday, June 15th.

Global Self Storage has raised its dividend payment by an average of 0.0%annually over the last three years.

Global Self Storage Trading Up 0.4%

Shares of NASDAQ:SELF opened at $5.17 on Friday. The company has a 50 day moving average of $5.27 and a 200 day moving average of $5.14. The stock has a market cap of $59.04 million and a P/E ratio of 30.41. Global Self Storage has a 12 month low of $4.73 and a 12 month high of $5.72.

Global Self Storage (NASDAQ:SELF) last issued its quarterly earnings data on Friday, May 8th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $3.17 million for the quarter, compared to analysts’ expectations of $3.08 million. Global Self Storage had a net margin of 15.37% and a return on equity of 4.19%.

Institutional Investors Weigh In On Global Self Storage

A number of institutional investors have recently made changes to their positions in SELF. Virtu Financial LLC purchased a new stake in shares of Global Self Storage in the 3rd quarter valued at $54,000. Private Capital Management LLC purchased a new stake in Global Self Storage during the fourth quarter valued at about $61,000. Hsbc Holdings PLC bought a new position in shares of Global Self Storage during the first quarter valued at about $88,000. Goldman Sachs Group Inc. bought a new position in shares of Global Self Storage during the fourth quarter valued at about $99,000. Finally, Raymond James Financial Inc. grew its stake in shares of Global Self Storage by 20.4% during the second quarter. Raymond James Financial Inc. now owns 18,758 shares of the financial services provider’s stock valued at $100,000 after buying an additional 3,179 shares during the last quarter. Hedge funds and other institutional investors own 28.88% of the company’s stock.

About Global Self Storage

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.