The historical rank and industry rank for Life Storage's 3-Year Dividend Growth Rate or its related term are showing as below:
LSI'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.6 Med: 2.7 Max: 28.6
Current: 16
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Life Storage was 28.60% per year. The lowest was -14.60% per year. And the median was 2.70% per year.
LSI's 3-Year Dividend Growth Rate is not ranked
in the REITs industry.
Industry Median: 2.1
vs LSI: 16.00
During the past 12 months, Life Storage's average Dividends Per Share Growth Rate was 30.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Life Storage Inc is 1.01, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Life Storage's 3-Year Dividend Growth Rate
For the REIT - Industrial subindustry, Life Storage's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Life Storage's 3-Year Dividend Growth Rate Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Life Storage's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Life Storage's 3-Year Dividend Growth Rate falls into.
Life Storage 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Life Storage (NYSE:LSI) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Life Storage's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Life Storage was 1.91. The lowest was 0.72. And the median was 1.02.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Life Storage Inc is 1.01, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Life Storage Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.900
2023-07-12
2023-07-13
2023-07-19
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Life Storage's Dividend Yield (%) for Today is calculated as
Current Share Price is $133.10.
Life Storage's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.9.
During the past 13 years, the highest Dividend Yield of Life Storage was 5.40%. The lowest was 2.00%. And the median was 3.27%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Life Storage 3-Year Dividend Growth Rate Related Terms>
Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.
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