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 $.45 per share of common stock. The
annualized dividend of Sovran Self Storage, Inc. is $1.80 per share
which, based on yesterday’s share price, equates to an annual rate of
approximately 7.3%. The dividend will be paid on July 27, 2009 to
Shareholders of record on July 13, 2009.
Sovran Self Storage, Inc. is a self-administered and self-managed equity
REIT that is in the business of acquiring and managing self-storage
facilities. The Company operates 385 self-storage facilities in
twenty-four states under the name "Uncle Bob's Self Storage"®.
Sovran Self Storage, Inc
David L. Rogers, CFO
Diane
Piegza, VP Corporate Communications
716-633-1850
http://www.unclebobs.com