Dividend Growth of Life Storage, Inc.(LSI)

Life Storage(LSI) is having a Dividend Yield of 4.66% with the Annual cash Dividend per share of $3.7. The last quarter cash dividend per share pay out was $0.95. Life Storage has a 5 year average dividend yield of 3.42% and the stock has a Indicated annual dividend of $3.8. Life Storage(LSI) formally announced its most recent dividend on January 4, 2017 with a Dividend per share of $0.95. The new indicated annual dividend based on announced dividend per share is $3.8. The dividend yield based on the forward looking indicated annual dividend is 4.66%. Life Storage(LSI) has the most recent dividend payout ratio of 0.74 with a 5-year average payout ratio of 0.64. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.09. The 5 year historical dividend growth of Life Storage(LSI) is at the rate of 20.49% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Life Storage, Inc. (NYSE:LSI) rose 3.64% or 2.97 points on Thursday and made its way into the gainers of the day. After trading began at $82.45 the stock was seen hitting $85.26 as a peak level and $82.45 as the lowest level. The stock ended up at $84.46. The daily volume was measured at 668,977 shares. The 52-week high of the share price is $118.18 and the 52-week low is $77. The company has a market cap of $3,919 million. Shares of Life Storage, Inc. rose by 0.64% in the last five trading days and 4.83% for the last 4 weeks. Life Storage, Inc. is up 4.65% in the last 3-month period. Year-to-Date the stock performance stands at 0.22%.

Currently the company Insiders own 2.6% of Life Storage, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.51% . Institutional Investors own 90.72% of Life Storage, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -0.21%.

Life Storage, Inc. is a fully integrated, self-administered and self-managed real estate investment trust which acquires and manages self-storage properties. The companys brand name consists of Life Storage(R) and Uncle Bobs Self Storage(R). Life Storage, Inc., formerly known as Sovran Self Storage, Inc., is headquartered in Buffalo, New York.


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