SELF
Global Self StorageADocument history
Earnings documents stored for SELF.
Investor releaseQuarter not tagged2026-05-15SELF Stock Declines Post Q1 Earnings Despite Occupancy Gains
Zacks
SELF Stock Declines Post Q1 Earnings Despite Occupancy Gains
Shares of Global Self Storage, Inc. SELF have lost 1.7% since the company reported earnings for the quarter ended March 31, 2026, against the S&P 500 Index’s 1.4% gain over the same period. Over the past month, the stock lost 0.8%, underperforming the S&P 500’s 6.8% gain. Global Self Storage reported first-quarter 2026 total revenues of $3.2 million, up 1.5% year over year from $3.1 million, driven primarily by higher occupancy levels and increases in existing tenant rental rates. Net income declined 14.1% to $0.5 million, or $0.04 per diluted share, from $0.6 million, or $0.05 per diluted share, in the year-ago quarter. Same-store revenues rose 1.5% to $3.2 million from $3.1 million, while same-store net operating income (NOI) fell 3.9% to $1.8 million from $1.9 million as operating expenses climbed. Funds from operations (FFO) decreased 12.6% to $852,563, or $0.08 per diluted share, from $975,343, or $0.09 per diluted share. Adjusted FFO (AFFO) fell 11% to $0.9 million, or $0.08 per diluted share, from $1.1 million, or $0.10 per diluted share. SELF highlighted sector-leading occupancy trends during the quarter. Same-store occupancy increased 100 basis points year over year to 93.1% as of March 31, 2026, from 92.1% as of March 31, 2025, while average tenant duration of stay reached a record 3.6 years, up from 3.5 years a year earlier. Management said these trends reflected strong customer retention, digital marketing initiatives and pricing optimization efforts. Across the owned portfolio, several properties posted occupancy above 90%, including Rochester, NY, at 97.6%, Millbrook, NY, at 97%, and Dolton, IL, at 94.6%. The company’s managed property in Edmond, OK, recorded occupancy of 96.8%, up from 93.5% in the prior-year period. Global Self Storage also reported that its average customer review rating exceeded 4.9 out of 5 stars at quarter-end, up from 4.8 stars in the prior-year period. CEO Mark C. Winmill said customer service initiatives and referral-driven demand contributed to strong occupancy performance. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote Despite higher revenues and occupancy, profitability was pressured by rising costs. Total operating expenses increased 8.3% year over year to $2.6 million from $2.4 million. Property operating expenses climbed 10% to $1.3 million from $1.2 million, mainly...
Investor releaseQuarter not tagged2026-05-09Global Self Storage Reports First Quarter 2026 Results
ACCESS Newswire
Global Self Storage Reports First Quarter 2026 Results
Sector-Leading Occupancy and Record-Level Tenant Duration of Stay Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / May 8, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2026. All comparisons are to the same year-ago period unless otherwise noted. Q1 2026 Highlights Total revenues increased 1.5% to $3.2 million. Net income decreased to $477,000 or $0.04 per diluted share. Same-store revenues increased 1.5% to $3.2 million. Same-store cost of operations increased 10% to $1.3 million. Same-store net operating income (NOI)decreased 3.9% to $1.8 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy as of March 31, 2026 increased 100 basis points to 93.1% from 92.1% as of March 31, 2025, representing the highest same-store occupancy and occupancy growth in the sector. Same-store average tenant duration of stay as of March 31, 2026 was a record-level of approximately 3.6 years, and increased compared to approximately 3.5 years as of March 31, 2025. Funds from operations (FFO), a non-GAAP measure, decreased to $853,000 or $0.08 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased to $958,000 or $0.08 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources as of March 31, 2026 totaled approximately $24.5 million, comprised of $7.4 million in cash, cash equivalents and restricted cash; $2.3 million in marketable securities; and $14.8 million available under the company's revolving credit facility. Dividend On March 2, 2026, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The quarterly distribution represents an annualized dividend rate of $0.29 per share. Company Objective The objective of Global Self Storage is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the st...
Investor releaseQuarter not tagged2026-04-02Global Self Storage Stock Gains After Q4 Earnings, Costs Rise
Zacks
Global Self Storage Stock Gains After Q4 Earnings, Costs Rise
Shares of Global Self Storage, Inc. SELF have gained 0.2% since the company reported its earnings for the quarter ended Dec. 31, 2025, outperforming the S&P 500 Index, which declined 0.5% over the same period. Over the past month, however, the stock slipped 0.6%, though it still fared better than the broader market’s sharper 5.2% decline. Global Self Storage reported mixed fourth-quarter 2025 results, with total revenues declining 0.9% year over year to $3.16 million from $3.19 million. Despite the revenue dip, profitability improved significantly, as net income rose to $0.3 million, or $0.03 per diluted share, from $84,406, or $0.01 per diluted share, in the year-ago quarter. Same-store revenues also fell 0.9% year over year to $3.1 million, while same-store net operating income (NOI) declined 4.1% year over year to $1.9 million, reflecting higher operating costs. For the full year, revenues increased 1.4% to a record $12.7 million from $12.5 million, while net income edged down 4% to $2 million, or $0.18 per diluted share, from $2.1 million, or $0.19 per share in 2024. SELF’s same-store portfolio showed modest operational pressure in the quarter. Same-store cost of operations increased 4.5% year over year to $1.2 million, driven by higher employment, landscaping and marketing expenses. This cost escalation weighed on NOI, which declined despite stable occupancy. Notably, same-store occupancy improved slightly by 10 basis points to a sector-leading 93%, underscoring continued demand strength. Tenant behavior remained a positive indicator, with the average length of stay rising to approximately 3.5 years from 3.4 years a year earlier. However, funds from operations (FFO) declined 10.1% year over year to $0.9 million from $1.1 million, while adjusted FFO (AFFO) fell 9.8% year over year to $1.1 million from $1.2 million, reflecting pressure on cash-based earnings metrics. For the full year, however, FFO and AFFO increased 2.7% and 3.4%, respectively, reflecting stable underlying cash flow generation despite near-term headwinds. For the full year, same-store revenues grew 1.4% to $12.6 million, and NOI increased 0.6% to $7.8 million, supported by improved occupancy and rental rate management. However, same-store operating costs rose 2.6% to $4.9 million, tempering margin expansion. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Stora...
Investor releaseQuarter not tagged2026-03-26Global Self Storage Reports Full Year 2025 Results
ACCESS Newswire
Global Self Storage Reports Full Year 2025 Results
Record Total Revenues, Same-Store Revenues and Net Operating Income with Sector-Leading Occupancy Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / March 25, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the fourth quarter and full year ended December 31, 2025. All comparisons are to the same year-ago period unless otherwise noted. Q4 2025 Highlights Total revenues decreased 0.9% to $3.2 million. Net income increased to $323,000 or $0.03 per diluted share from $84,000 or $0.01 per diluted share. Same-store revenues decreased 0.9% to $3.1 million. Same-store cost of operations increased 4.5% to $1.2 million. Same-store net operating income (NOI)decreased 4.1% to $1.9 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy at December 31, 2025 increased 10 basis points to a sector-leading 93.0% from 92.9% at December 31, 2024. Same-store average tenant duration of stay at December 31, 2025 maintained record-level of approximately 3.5 years, and increased compared to approximately 3.4 years at December 31, 2024. Funds from operations (FFO), a non-GAAP measure, decreased from $1.1 million to $1.0 million or $0.08 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased from $1.2 million to $1.1 million or $0.09 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources at December 31, 2025 totaled approximately $24.5 million, comprised of $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. Full Year 2025 Highlights Total revenues increased 1.4% to a record $12.7 million. Net income decreased to $2.0 million or $0.18 per diluted share from $2.1 million or $0.19 per diluted share. Same-store revenues increased 1.4% to a record $12.6 million. Same-store cost of operations increased 2.6% to $4.9 million. Same-store NOI increased 0.6% to a record $7.8 million. FFO increased 2.7% to $4.0 million or $0.36 per diluted share. AFFO increased 3.4% to $4.4 million or $0.39 per diluted share. Maintained and covered four quarterly dividends totaling $0.29 per common share....
Investor releaseQuarter not tagged2026-03-03Global Self Storage Declares First Quarter 2026 Dividend
ACCESS Newswire
Global Self Storage Declares First Quarter 2026 Dividend
MILLBROOK, NY / ACCESS Newswire / March 2, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the first quarter of 2026. The dividend is payable on March 31, 2026, to stockholders of record as of March 16, 2026. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage 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. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. I...
Investor releaseQuarter not tagged2025-12-02Global Self Storage Declares Fourth Quarter 2025 Dividend
ACCESS Newswire
Global Self Storage Declares Fourth Quarter 2025 Dividend
MILLBROOK, NY / ACCESS Newswire / December 1, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the fourth quarter of 2025. The dividend is payable on December 30, 2025, to stockholders of record as of December 15, 2025. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage 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. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical info...
Investor releaseQuarter not tagged2025-11-12Global Self Storage Stock Up Post Q3 Earnings, Occupancy Solid
Zacks
Global Self Storage Stock Up Post Q3 Earnings, Occupancy Solid
Shares of Global Self Storage, Inc. SELF have gained 1.2% since the company reported its earnings for the quarter ended Sept. 30, 2025, lagging the S&P 500 Index’s 1.9% advance over the same period. Over the past month, the stock has been up 2.1% compared with the broader market’s 3.5% growth. In the third quarter of 2025, Global Self Storage posted modest top-line growth but materially lower earnings versus a year earlier. Total revenues edged up 0.8% to $3.23 million from $3.20 million, driven primarily by higher occupancy and continued execution of the company’s revenue rate management program. Net income fell 58% to $0.5 million, or $0.04 per diluted share, from $1.2 million, or $0.10 per diluted share, in the prior-year quarter, reflecting higher operating expenses and a swing to an unrealized loss on marketable equity securities from a sizable gain a year ago. Funds from operations (FFO) declined 8% to $1 million, or $0.09 per diluted share, from $1.1 million, or $0.10 per diluted share, while adjusted FFO (AFFO) decreased 6% to $1.1 million, or $0.10 per diluted share, from $1.2 million, or $0.10 per diluted share. On a same-store basis, revenues also rose 0.8% to a record $3.21 million from $3.18 million, but same-store cost of operations climbed 7.4% to $1.24 million from $1.15 million, leading to a 2.9% decline in same-store net operating income (NOI) to $1.9 million from $2 million. Despite the earnings pressure, operating metrics remained solid. Same-store occupancy as of Sept. 30, 2025, increased 170 basis points year over year to 93.2% from 91.5% year over year, which management characterized as “sector-leading” growth. The average tenant duration of stay reached a record 3.5 years compared with 3.4 years a year earlier, underscoring a base of relatively long-tenured customers. For the first nine months of 2025, total revenues grew 2.2% year over year to a record $9.5 million from $9.3 million. Same-store revenues increased 2.1%, and same-store NOI rose 2.2% to a record $5.9 million from $5.7 million, showing that expense pressure was more pronounced in the latest quarter than over the year-to-date period. Over the same nine-month span, FFO increased 7.5% to $3.1 million, or $0.27 per diluted share, from $2.9 million, or $0.26 per diluted share, and AFFO rose 8.4% to $3.3 million, or $0.30 per diluted share, from $3.1 million, or $0.28 per dilu...
Investor releaseQuarter not tagged2025-11-08Global Self Storage Reports Third Quarter 2025 Results
ACCESS Newswire
Global Self Storage Reports Third Quarter 2025 Results
Record-High Revenues with Sector-Leading Occupancy Growth Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / November 7, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the third quarter ended September 30, 2025. All comparisons are to the same year-ago period unless otherwise noted. Q3 2025 Highlights Total revenues increased 0.8% to a record $3.2 million. Net income decreased to $496,000 or $0.04 per diluted share from $1.2 million or $0.10 per diluted share. Same-store revenues increased 0.8% to a record $3.2 million. Same-store cost of operations increased 7.4% to $1.2 million. Same-store net operating income (NOI)decreased 3.0% to $2.0 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy at September 30, 2025 increased a sector-leading 170 basis points to 93.2% from 91.5% at September 30, 2024. Same-store average tenant duration of stay at September 30, 2025 was a record-high at approximately 3.5 years, compared to approximately 3.4 years at September 30, 2024. Funds from operations (FFO), a non-GAAP measure, decreased 8.0% to $1.0 million or $0.09 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased 6.0% to $1.1 million or $0.10 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources at September 30, 2025 totaled approximately $24.8 million, comprised of $7.5 million in cash, cash equivalents and restricted cash; $2.5 million in marketable securities; and $14.8 million available under the company's revolving credit facility. First Nine Months 2025 Highlights Total revenues increased 2.2% to a record $9.5 million. Net income decreased to $1.7 million or $0.15 per diluted share from $2.0 million or $0.18 per diluted share. Same-store revenues increased 2.1% to a record $9.5 million. Same-store cost of operations increased 2.0% to $3.6 million. Same-store NOI increased 2.2% to a record $5.9 million. FFO increased 7.5% to $3.1 million or $0.27 per diluted share. AFFO increased 8.4% to $3.3 million or $0.30 per diluted share. Maintained and covered dividend of $0.2175 per common share. Dividend On September 2, 2025, the company declared a quarterly dividend of $0.07...
Investor releaseQuarter not tagged2025-09-03Global Self Storage Declares Third Quarter 2025 Dividend
ACCESS Newswire
Global Self Storage Declares Third Quarter 2025 Dividend
MILLBROOK, NY / ACCESS Newswire / September 2, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2025. The dividend is payable on September 30, 2025, to stockholders of record as of September 16, 2025. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage 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. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical in...
Investor releaseQuarter not tagged2025-08-14Global Self Storage Stock Dips Following Q2 Earnings and Profit Growth
Zacks
Global Self Storage Stock Dips Following Q2 Earnings and Profit Growth
Shares of Global Self Storage, Inc. SELF have lost 0.5% since the company reported its earnings for the quarter ended June 30, 2025, underperforming the S&P 500 Index’s 1.8% gain over the same period. Over the past month, the stock fell 1.6%, while the S&P 500 rose 3.2%. Global Self Storage posted total revenues of $3.2 million in the second quarter of 2025, up 2.7% from the year-ago period’s $3.1 million. Net income rose to $0.7 million, or $0.06 per diluted share, from $0.6 million, or $0.05 per diluted share, a 12.3% increase. Funds from operations (FFO) increased 18.9% year over year to $1.1 million, or $0.10 per diluted share, from $0.9 million, or $0.08 per diluted share, in the prior-year quarter. Adjusted FFO (AFFO) rose 17.5% from the year-ago period to $1.2 million, or $0.10 per diluted share, from $0.9 million, or $0.09 per diluted share, in the year-ago quarter. On the operational side, same-store revenues increased 2.7% to $3.2 million from $3.1 million, driven primarily by higher occupancy, while same-store net operating income (NOI) improved 3.9% to $1.99 million from $1.92 million. Same-store occupancy rose 170 basis points year over year to 94.7% from 93% on June 30, 2024, and the average tenant duration reached a record-high 3.4 years compared with 3.3 years as of June 30, 2024. Operating expenses decreased 4.4% year over year to $2.4 million from $2.5 million, largely due to lower general and administrative costs, which fell 12.8% to $0.8 million from $0.9 million. Property operations expenses edged up 0.7% to $1.18 million from $1.17 million. Interest expense rose 1.4% to $214,392 from $211,361. Global Self Storage maintained a quarterly dividend of $0.0725 per share, fully covered by earnings, translating to an annualized rate of $0.29. Capital resources totaled $25.2 million as of June 30, 2025, including $7.6 million in cash, cash equivalents and restricted cash, $2.6 million in marketable securities, and full availability under its $15 million revolving credit facility. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote President and CEO Mark C. Winmill credited Global Self Storage’s “targeted marketing program and growing brand recognition” for delivering peer-leading growth in same-store revenues, occupancy, NOI and FFO among publicly traded self-storage REITs. Winmill highlighted SELF’s h...
Investor releaseQuarter not tagged2025-08-09Global Self Storage Reports Second Quarter 2025 Results
ACCESS Newswire
Global Self Storage Reports Second Quarter 2025 Results
Peer Leading Growth in Same-Store Revenues, Occupancy, NOI and FFO Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / August 8, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the second quarter ended June 30, 2025. All comparisons are to the same year-ago period unless otherwise noted. Q2 2025 Highlights Total revenues increased 2.7% to $3.2 million. Net income increased to $664,000 or $0.06 per diluted share from $592,000 or $0.05 per diluted share. Same-store revenues increased 2.7% to $3.2 million. Same-store cost of operations increased 0.7% to $1.2 million. Same-store net operating income (NOI)increased 4.0% to $2.0 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy at June 30, 2025 increased 170 basis points to a peer-leading 94.7% from 93.0% at June 30, 2024. Same-store average tenant duration of stay at June 30, 2025 was a record-high 3.4 years, compared to 3.3 years at June 30, 2024. Funds from operations (FFO), a non-GAAP measure, increased 18.9% to $1.1 million or $0.10 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, increased 17.5% to $1.2 million or $0.10 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources at June 30, 2025 totaled approximately $25.2 million, comprised of $7.6 million in cash, cash equivalents and restricted cash; $2.6 million in marketable securities; and the full amount available under the company's $15 million revolving credit facility. First Half 2025 Highlights Total revenues increased 2.9% to $6.3 million. Net income increased to $1.2 million or $0.11 per diluted share from $858,000 or $0.08 per diluted share. Same-store revenues increased 2.9% to $6.3 million. Same-store cost of operations decreased 0.6% to $2.4 million. Same-store NOI increased 5.1% to $3.9 million. FFO increased 17.1% to $2.1 million or $0.18 per diluted share. AFFO increased 17.1% to $2.2 million or $0.20 per diluted share. Maintained and covered dividend of $0.145 per common share. Dividend On June 2, 2025, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The q...
Investor releaseQuarter not tagged2025-06-03Global Self Storage Declares Second Quarter 2025 Dividend
ACCESS Newswire
Global Self Storage Declares Second Quarter 2025 Dividend
MILLBROOK, NY / ACCESS Newswire / June 2, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2025. The dividend is payable on June 30, 2025, to stockholders of record as of June 16, 2025. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage 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. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In...

