Life Storage, Inc. Announces Dividend on Common Stock
April 02 2020 - 4:05PM
Business Wire
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 $1.07 per share
of common stock. The annualized dividend of Life Storage, Inc. is
$4.28 per share that, based on today’s opening share price, equates
to an annual rate of approximately 4.7%. The dividend will be paid
on April 27, 2020 to Shareholders of record on April 14, 2020.
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 850 storage facilities in 29 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 450,000-plus
customers, making it a leader in the industry. For more information
visit http://invest.lifestorage.com/.
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Life Storage, Inc. David Dodman 716.229.8284
ddodman@lifestorage.com
Life Storage (NYSE:LSI)
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