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/.
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Contacts:
Diane Piegza, 716.650.6115
Vice President,
Investor Relations & Community Affairs