Unleashing Growth Potential: Life Storage Surpasses Expectations with Strong Performance and Increasing Profits
Portfolio Pulse from Benzinga Insights
Life Storage (NYSE:LSI) has been showing strong performance with increasing profits and a steady rise in dividends. The company's dividend per share rose from $2.67 in 2019 to $4.16 in 2022, and its earnings per share increased from $3.71 in 2019 to $6.23 in 2022. The next dividend payout of $0.90 per share is expected on July 19, 2023, for shareholders who held the stock before the ex-dividend date on July 12, 2023.
July 19, 2023 | 3:05 pm
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POSITIVE IMPACT
Life Storage's strong financial performance and increasing dividends indicate a positive outlook for the company. The next dividend payout is expected on July 19, 2023.
Life Storage has been consistently increasing its dividends and earnings per share, indicating a strong financial position. This is likely to attract income-seeking investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100