NEW YORK (
) -- The ex-dividend date for
) is tomorrow, April 10, 2012. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $49.59 as of 9:35 a.m. ET, the dividend yield is 3.6%.
The average volume for Sovran Self has been 170,400 shares per day over the past 30 days. Sovran Self has a market cap of $1.25 billion and is part of the
industry. Shares are up 17.5% year to date as of the close of trading on Thursday.
Sovran Self Storage, Inc. operates as a real estate investment trust (REIT). It engages in the acquisition, ownership, and management of self-storage properties in the United States. The company has a P/E ratio of 45.6, above the average real estate industry P/E ratio of 43.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sovran Self as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full