Life Storage's most recent quarterly dividend of $1.2 per share was on Jan 12, 2023 (ex-date). The annualized payout of $4.36 per share represents a current dividend yield of 4.11%. The latest LSI distribution of $1.2 marks a dividend growth of 11%.
LSI has a dividend yield of 4.11% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 5.8%, Life Storage's dividend yield is 29% lower. Historically LSI's dividend yield has averaged at 3.7% in the last 5 years, which is lower than the current one.
Life Storage has a history of paying dividends since 1995. Our records of LSI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 31% for the last twelve months. And since the stock price has gone down by 21% from a year ago, the dividend yield has increased by 65%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 12, 2023 | Jan 26, 2023 | Jan 3, 2023 | $1.2 | normal |
| Oct 13, 2022 | Oct 26, 2022 | Oct 3, 2022 | $1.08 | normal |
| Jul 14, 2022 | Jul 26, 2022 | Jul 5, 2022 | $1.08 | normal |
| Apr 13, 2022 | Apr 26, 2022 | Apr 1, 2022 | $1 | normal |
| Jan 13, 2022 | Jan 26, 2022 | Jan 3, 2022 | $1 | normal |
| Oct 12, 2021 | Oct 26, 2021 | Oct 1, 2021 | $0.86 | normal |
| Jul 13, 2021 | Jul 26, 2021 | Jul 1, 2021 | $0.74 | normal |
| Apr 13, 2021 | Apr 26, 2021 | Apr 1, 2021 | $0.74 | normal |
| Jan 14, 2021 | Jan 27, 2021 | Jan 4, 2021 | $0.74 | normal |
| Oct 9, 2020 | Oct 26, 2020 | Oct 1, 2020 | $0.713 | normal |
| Jul 13, 2020 | Jul 27, 2020 | Jul 2, 2020 | $0.713 | normal |
| Apr 13, 2020 | Apr 27, 2020 | Apr 2, 2020 | $0.713 | normal |
| Jan 13, 2020 | Jan 27, 2020 | Jan 2, 2020 | $0.713 | normal |
| Oct 11, 2019 | Oct 28, 2019 | Oct 2, 2019 | $0.667 | normal |
| Jul 15, 2019 | Jul 26, 2019 | Jul 2, 2019 | $0.667 | normal |
| Apr 15, 2019 | Apr 26, 2019 | Apr 2, 2019 | $0.667 | normal |
| Jan 14, 2019 | Jan 28, 2019 | Jan 3, 2019 | $0.667 | normal |
| Oct 15, 2018 | Oct 26, 2018 | Oct 2, 2018 | $0.667 | normal |
| Jul 13, 2018 | Jul 26, 2018 | Jul 5, 2018 | $0.667 | normal |
| Apr 12, 2018 | Apr 26, 2018 | Apr 3, 2018 | $0.667 | normal |
| Jan 12, 2018 | Jan 26, 2018 | Jan 3, 2018 | $0.667 | normal |
| Oct 12, 2017 | Oct 26, 2017 | Oct 3, 2017 | $0.667 | normal |
| Jul 13, 2017 | Jul 26, 2017 | Jul 5, 2017 | $0.667 | normal |
| Apr 13, 2017 | Apr 26, 2017 | Apr 5, 2017 | $0.667 | normal |
| Jan 12, 2017 | Jan 26, 2017 | Jan 4, 2017 | $0.633 | normal |
| Oct 12, 2016 | Oct 26, 2016 | Oct 4, 2016 | $0.633 | normal |
| Jul 13, 2016 | Jul 26, 2016 | Jul 5, 2016 | $0.633 | normal |
| Apr 12, 2016 | Apr 26, 2016 | Apr 4, 2016 | $0.633 | normal |
LSI has a payout ratio of 107.9% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 102.5%, Life Storage's payout ratio is 5% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SELF Global Self Storage Inc | 5.19% | $0.28 | 94.8% |
| LSI Life Storage Inc | 4.11% | $4.36 | 107.9% |
Yes, Life Storage has paid four dividends in the last twelve months. LSI has been paying dividends since 1995.
LSI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in April 2023.
Life Storage's last regular dividend was on Jan 12, 2023 (ex-date) with the amount of $1.2 per share.
On an annual basis LSI pays $4.36 per share.
Currently Life Storage's dividend yield is 4.11%.
Life Storage pays dividends quarterly.
The dividend payout ratio of Life Storage is 107.9%.
Life Storage's dividend yield is lower than the Real Estate sector average.