Life Storage, Inc. Announces Tax Reporting Information for 2017 Distributions

BUFFALO, N.Y.--(BUSINESS WIRE)-- Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self storage properties, announced today the tax allocations of the Company’s 2017 dividend distributions on its common stock (CUSIP #53223X107). The allocations will be reported on Form 1099-DIV as follows:

Record
Date
      Payable
Date
      Ordinary
Dividends
      Return of
Capital(1)
      Total
Dividends
1/17/2017       1/26/2017       $0.788500       $0.161500       $0.9500
4/18/2017       4/26/2017       $0.830000       $0.170000       $1.0000
7/17/2017       7/26/2017       $0.830000       $0.170000       $1.0000
10/13/2017       10/26/2017       $0.830000       $0.170000       $1.0000
Total               $3.278500       $0.671500       $3.9500

(1) Represents a return of stockholders’ original investment. Stockholders are encouraged to consult their personal tax advisor with regard to their specific tax treatment of dividends.

ABOUT LIFE STORAGE, INC:

Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. Located in Buffalo, New York, the Company operates more than 700 storage facilities in 28 states. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to its 375,000-plus customers, making it a leader in the industry. For more information visit http://invest.lifestorage.com/.

Life Storage, Inc.
Diane Piegza, 716.650.6115
Vice President, Investor Relations & Community Affairs

Source: Life Storage, Inc.