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Life Storage continues to Climb Higher

Long
NYSE:LSI   Life Storage, Inc
Yet again we wee another real estate company that has seen a fantastic 2019 and seems like that pattern look like continuing, where the financials have struggled the investor community has turned to to bricks and mortar for yield and security.
Yield 3.74%
Life Storage ( LSI ) announced a quarterly dividend of $1.00 per share of common stock. The annualized dividend of Life Storage , Inc. is $4.00 per share that, based on today's opening share price, equates to an annual rate of approximately 3.8%. The dividend will be paid on October 28, 2019 to Shareholders of record on October 15, 2019.
P/E ratio 23.88


Company profile
Life Storage , Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers , Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.

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