Amherst, N.Y.-based real estate investment trust Sovran Self Storage Inc., which operates the Uncle Bob’s Self Storage brand, will pay its shareholders a quarterly dividend of $.45 per share of common stock for the third quarter of 2012 that ended Sept. 30. The dividend will be paid on Oct. 26 to shareholders on record as of Oct. 11.
Sovran’s annualized dividend is $1.80 per share, which, based on today's opening price, equates to an annual rate of approximately 3.1 percent.
Sovran operates 443 properties in 25 states. The company is actively acquiring additional self-storage facilities.