Life Storage (Life Storage) Dividend Payout Ratio : 1.25 (As of Mar. 2023)

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What is Life Storage Dividend Payout Ratio?

Life Storage's dividend payout ratio for the months ended in Mar. 2023 was 1.25.

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.

The historical rank and industry rank for Life Storage's Dividend Payout Ratio or its related term are showing as below:

LSI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.02 Max: 1.91
Current: 1.01

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.

LSI's Dividend Payout Ratio is not ranked
in the REITs industry.
Industry Median: 1.01 vs LSI: 1.01

As of today (2024-04-25), the Dividend Yield % of Life Storage is 3.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Life Storage was 5.40%. The lowest was 2.00%. And the median was 3.27%.

Life Storage's Dividends per Share for the months ended in Mar. 2023 was $1.20.

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.

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.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Life Storage Dividend Payout Ratio Historical Data

The historical data trend for Life Storage's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Life Storage Dividend Payout Ratio Chart

Life Storage Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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1.35

0.72

1.34

0.97

0.99

Life Storage Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.14	0.92	0.93	0.98	1.25

Competitive Comparison of Life Storage's Dividend Payout Ratio

For the REIT - Industrial subindustry, Life Storage's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Life Storage's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Life Storage's Dividend Payout Ratio falls into.

Life Storage Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Life Storage's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	4.16	/	4.22
	=	0.99

Life Storage's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2023 )	/	EPS without NRI (Q: Mar. 2023 )
	=	1.2	/	0.96
	=	1.25

Life Storage (NYSE:LSI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Life Storage Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Life Storage's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Life Storage (Life Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Life Storage Inc (NYSE:LSI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6467 Main Street, Williamsville, NY, USA, 14221

Website

https://www.lifestorage.com

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.

Executives

Joseph Saffire	officer: Chief Investment Officer	6467 MAIN STREET, WILLIAMSVILLE NY 14221
Havener Arthur L Jr	director	9825 SUNSET GREENS DRIVE, ST. LOUIS MO 63127
Alexander Gress	officer: CFO	6467 MAIN STREET, C/O LIFE STORAGE, INC., WILLIAMSVILLE NY 14221
Stephen R Rusmisel	director	C/O SOVRAN SELF STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Andrew J Gregoire	officer: CFO	C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David P. Dodman	officer: COO	C/O LIFE STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Edward F Killeen	officer: EVP Real Estate Management	C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David L Rogers	officer: CFO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Mark G Barberio	director	19 WIK STREET, WILLIAMSVILLE NY 14221
Edward J Pettinella	director	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles E Lannon	director	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Kenneth F Myszka	director, officer: President, COO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Robert J Attea	director, officer: Chairman of Board, CEO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Dana Hamilton	director	C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112