Life Storage As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
LSI $4.00 16.3% 20.6% 7.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Self Storage REIT 3.6% 3 8.4% Quarter 1995
Life Storage hikes dividend by 16.2%

Life Storage Inc. (LSI) will raise its quarterly dividend by another 16.2 percent to 86 cents per share in Q4 of 2021, adjusted for the stock split that followed later.

The new annual dividend rate of $3.44 per share yields 3.0% at a stock price of $115. Life Storage will trade ex-dividend on October 12, 2021. The next LSI dividend will be paid on October 26.

Life Storage, Inc., formerly Sovran Self Storage, Inc., is a self-administered and self-managed real estate company. The company acquires, owns and manages self-storage properties in the United States and Canada. The company serves both residential and commercial storage customers with storage units rented by month. Life Storage (formerly Sovran Self Storage) has been in the self storage business since 1984; the company went public in 1995.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%