Life Storage (Life Storage) 5-Year Yield-on-Cost % : 4.90 (As of Apr. 26, 2024)

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What is Life Storage 5-Year Yield-on-Cost %?

Life Storage's yield on cost for the quarter that ended in Mar. 2023 was 4.90.

The historical rank and industry rank for Life Storage's 5-Year Yield-on-Cost % or its related term are showing as below:

LSI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.98 Med: 4.87 Max: 8.05
Current: 4.9

During the past 13 years, Life Storage's highest Yield on Cost was 8.05. The lowest was 2.98. And the median was 4.87.

LSI's 5-Year Yield-on-Cost % is not ranked
in the REITs industry.
Industry Median: 7.08 vs LSI: 4.90

Competitive Comparison of Life Storage's 5-Year Yield-on-Cost %

For the REIT - Industrial subindustry, Life Storage's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Life Storage's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Life Storage's 5-Year Yield-on-Cost % falls into.

Life Storage 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Life Storage is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Life Storage (NYSE:LSI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Life Storage 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Life Storage's 5-Year Yield-on-Cost % 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 » 5-Year Yield-on-Cost %

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