An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Life Storage, Inc. Announces Dividend on Common Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Life Storage, Inc. (NYSE:LSI) announced a quarterly dividend of $1.08 per share, with an annualized rate of $4.32, yielding approximately 3.9%. The dividend will be paid on October 26, 2022 to shareholders on record as of October 14, 2022. Life Storage operates over 1,100 self-storage facilities across 37 states, serving more than 675,000 customers, affirming its position as a leader in the industry.
Positive
Quarterly dividend of $1.08 per share enhances shareholder income.
Annual yield of approximately 3.9% reflects company confidence.
Negative
None.
BUFFALO, N.Y.--(BUSINESS WIRE)--
The Board of Directors of Life Storage, Inc. (NYSE:LSI), a self-storage real estate investment trust (REIT), announced today the Company’s quarterly dividend of $1.08 per share of common stock. The annualized dividend of Life Storage, Inc. is $4.32 per share that, based on today’s opening share price, equates to an annual yield of approximately 3.9%. The dividend will be paid on October 26, 2022 to Shareholders of record on October 14, 2022.
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 1,100 storage facilities in 37 states. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to more than 675,000 customers, making it a leader in the industry. For more information visit http://invest.lifestorage.com/.
