LON:SAFE

Safestore (SAFE) Share Price, News & Analysis

GBX 773.50
+8.50 (+1.11%)
(As of 04:35 PM ET)
Today's Range
762
776
50-Day Range
727
819.50
52-Week Range
641
1,001.35
Volume
428,985 shs
Average Volume
335,563 shs
Market Capitalization
£1.69 billion
P/E Ratio
869.10
Dividend Yield
3.88%
Price Target
N/A
SAFE stock logo

About Safestore Stock (LON:SAFE)

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle. Safestore operates more self storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and more densely populated UK and French markets. Safestore was founded in the UK in 1998. It acquired the French business "Une Pièce en Plus" ("UPP") in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015. The Group provides storage to around 90,000 personal and business customers. As of 31 October 2023, Safestore had a maximum lettable area ("MLA") of 8.090 million sq ft (excluding the expansion pipeline stores) of which 6.231 million sq ft was occupied. Safestore employs around 750 people in the UK, Paris, Spain, the Netherlands, and Belgium.

SAFE Stock Price History

SAFE Stock News Headlines

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See More Headlines
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Company Calendar

Ex-Dividend for 4/9 Dividend
3/07/2024
Dividend Payable
4/09/2024
Today
4/23/2024

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
753
Year Founded
N/A

Profitability

Net Income
£200.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£224.20 million
Cash Flow
GBX 18.48 per share
Book Value
GBX 888 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.69 billion
Optionable
Not Optionable
Beta
0.77
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SAFE Stock Analysis - Frequently Asked Questions

How have SAFE shares performed in 2024?

Safestore's stock was trading at GBX 884 at the beginning of the year. Since then, SAFE shares have decreased by 12.5% and is now trading at GBX 773.50.
View the best growth stocks for 2024 here
.

How often does Safestore pay dividends? What is the dividend yield for Safestore?

Safestore announced a dividend on Wednesday, January 17th. Shareholders of record on Thursday, March 7th will be paid a dividend of GBX 20.20 per share on Tuesday, April 9th. This represents a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from the stock's previous dividend of GBX 9.90. The official announcement can be accessed at this link.
Read our dividend analysis for SAFE
.

Is Safestore a good dividend stock?

Safestore (LON:SAFE) pays an annual dividend of GBX 30 per share and currently has a dividend yield of 4.02%. SAFE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,370.79%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SAFE.

What other stocks do shareholders of Safestore own?
How do I buy shares of Safestore?

Shares of SAFE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:SAFE) was last updated on 4/23/2024 by MarketBeat.com Staff

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