LSI Life Storage Inc.

Life Storage, Inc. Announces Dividend on Common Stock

The Board of Directors of . (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:

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 .

EN
02/04/2020

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Reports on Life Storage Inc.

Moody's withdraws LIFE STORAGE's Baa2 ratings due to insufficient info...

Moody's Investors Service ("Moody's") has withdrawn the Baa2 issuer rating, Baa2 senior unsecured rating and (P)Baa2 senior unsecured shelf rating of LIFE STORAGE LP, the main operating subsidiary of Life Storage, Inc. The stable outlook has also been withdrawn.   Withdrawals: ..Issuer: LIFE STOR...

 PRESS RELEASE

Life Storage Mourns the Sudden Passing of Alexander Gress, Chief Finan...

BUFFALO, N.Y.--(BUSINESS WIRE)-- Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed away unexpectedly on July 9, 2023. Mr. Gress was 50 and is survived by his wife Jennifer and their three children. “We are shocked by the tragic passing of Alex Gress,” said Joseph Saffire, the Company’s Chief Executive Officer. “Alex was a tremendous leader and brilliant financial mind who demonstrated incredible integrity, passion and commitment to his colle...

 PRESS RELEASE

Life Storage, Inc. Announces Dividend on Common Stock

BUFFALO, N.Y.--(BUSINESS WIRE)-- The Board of Directors of (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced a dividend of $0.90 per share of common stock, as permitted by the terms of the merger agreement the Company entered into with Extra Space Storage Inc. (NYSE: EXR). The dividend will be paid on July 19, 2023 to Life Storage shareholders of record as of July 13, 2023. Life Storage continues to expect to complete the transaction with Extra Space Storage by the end of July 2023, subject to the approval of Extra Space Storage and Life Storag...

Life Storage Inc: 2 directors

Two Directors at Life Storage Inc sold after exercising options/sold 7,661 shares at between 127.762USD and 131.033USD. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all t...

 PRESS RELEASE

Life Storage, Inc. Reports First Quarter 2023 Results

BUFFALO, N.Y.--(BUSINESS WIRE)-- . (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended March 31, 2023. Highlights for the First Quarter Included: Generated net income attributable to common shareholders of $81.6 million, or $0.96 per fully diluted common share. Achieved adjusted funds from operations (“FFO”)(1) per fully diluted common share of $1.63, a 13.2% increase over the same period in 2022. Increased same store revenue by 10.5% and same store net operating income (“NOI”)(2) by 12.8%, year-over-year. ...

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