Self-storage real estate investment trust Sovran Self Storage Inc. today announced a quarterly dividend $.45 per share of common stock. The company’s annualized dividend is $1.80 per share which, based on today’s share price, equates to an annual rate of approximately 5 percent. The dividend will be paid on Jan. 26 to shareholders of record on Jan. 14.
Sovran, which acquires and manages self-storage facilities, operates 381 properties in 24 states under the name Uncle Bob's Self Storage.
Source: Business Wire via Yahoo! Finance, Sovran Self Storage, Inc. Announces Dividend On Common Stock