Life Storage, Inc. Announces Dividend on Common Stock
Life Storage, Inc. (NYSE: LSI) announced a quarterly dividend of $0.74 per share, with an annualized rate of $2.96, reflecting approximately 3.4% based on the current share price. The dividend is scheduled for payment on April 26, 2021, to shareholders on record as of April 14, 2021. Life Storage operates over 925 facilities across 32 states and Ontario, Canada, serving more than 500,000 customers.
- Quarterly dividend of $0.74, reflecting a commitment to shareholders.
- Annualized dividend yield of approximately 3.4%, attractive for income-focused investors.
- None.
The Board of Directors of Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today the Company’s quarterly dividend of
ABOUT LIFE STORAGE, INC:
Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 925 storage facilities in 32 states and Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to its 500,000-plus customers, making it a leader in the industry. For more information visit http://invest.lifestorage.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210401005861/en/
FAQ
What is the dividend amount announced by Life Storage, Inc. for 2021?
When will the dividend be paid to shareholders?
What is the annualized dividend rate for Life Storage, Inc.?