Sovran Self Storage, Inc. Announces Dividend on Common Stock
BUFFALO, N.Y.--(BUSINESS WIRE)-- The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self storage real estate investment trust (REIT), announced today the Company’s quarterly dividend of $0.85 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $3.40 per share which, based on the December 31, 2015 closing share price, equates to an annual rate of approximately 3.2%. The dividend will be paid on January 26, 2016 to Shareholders of record on January 20, 2016.
About Sovran Self Storage, Inc.
Sovran Self Storage, Inc. is an equity REIT that is in the business of acquiring and managing self storage facilities. The Company operates over 500 self storage facilities in 25 states under the name Uncle Bob’s Self Storage®. For more information, visit www.unclebobs.com, like us on Facebook, or follow us on Twitter.
Sovran Self Storage, Inc.
Diane Piegza, 716-650-6115
Investor Relations & Community Affairs
Source: Sovran Self Storage, Inc.
Released January 4, 2016