Top 10 Electric Utility Companies To Watch For 2015: Extra Space Storage Inc (EXR)
Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. As of December 31, 2006, Extra Space Storage owned interests in 567 properties located in 32 states and Washington, D.C., as well as managed 74 properties owned by franchisees or third parties. As a REIT, the company would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1977 and is based in Salt Lake City, Utah.Advisors' Opinion:
- [By Dividends4Life]
Below are several companies confident and secure enough in their business to increase their cash dividends:Deere & Company (DE) manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. May 28, the company increased its quarterly dividend 17.6% to $0.60 per share. The dividend is payable Aug. 1, 2014 to stockholders of record on June 30, 2014. The yield based on the new payout is 2.6%.Questar Corporation (STR) operates as an integrated natural gas company in the United States. May 23, the company increased its quarterly dividend 5.6% to $0.19 per share. The dividend is payable June 23, 2014 to stockholders of record on June 6, 2014. The yield based on the new payout is 3.2%.Extra Space Storage Inc. (EXR) operates as a real estate investment trust (REIT) in the United States. May 23, the company increased its quarterly dividend 17.5% to $0.47 per share. The dividend is payable June 30, 2014 to stockholders of record on June 13 , 2014. The yield based on the new payout is 3.6%.The Williams Companies Inc. (WMB) operates as ! an energy infrastructure company. May 22, the company increased its quarterly dividend 6.7% to $0.xx per share. The dividend is payable June 30, 2014 to stockholders of record on June 13, 2014. The yield based on the new payout is 3.6%. Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.Full Disclosure: No position in the aforementioned securities. See a list of all my dividend growth holdings here.Related Posts - 6 Healthcare Stocks With Growing Dividends Yielding In Excess of 2% - Why We Are Dividend Growth Investors - 6 Dividend Growth Stocks With Very Little Debt - What Determines A Divid
- [By Aaron Levitt]
The exchange-traded fund (ETF) tracks 36 different REITs … including all of the ones on this list. REZ also includes exposure to the various public storage REITs like Extra Space Storage (EXR). Those firms have also been seeing huge demand as renters need additional space for all of their stuff … especially if they've downsized from previous homeownership.
- [By Jonas Elmerraji]
Up first is Extra Space Storage (EXR), a $5 billion self-storage facility owner. EXR has posted strong performance for 2013, rallying close to 19% since the calendar flipped over to January. That's more or less on par with the performance of the S&P, but it's a whole lot stronger than most REITs. That outsized relative strength looks ready to carry over to the second half of the year.
That's because EXR is currently forming an ascending triangle pattern, a price setup that's formed by a horizontal resistance level to the upside and uptrending support to the downside. Essentially, as shares of EXR bounce in between those two technical levels, th! ey're get! ting squeezed closer and closer to a breakout above resistance -- at $45 in this case. When that breakout happens, traders have a buy signal in shares.
EXR's pattern isn't exactly textbook, but that doesn't change the trading implications in this stock. Momentum adds some extra confidence to EXR's ability to break out; 14-day RSI turned bullish just last week. After EXR clears $45, keep a tight protective stop in place.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-electric-utility-companies-to-watch-for-2015-2.html