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 $0.95 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $3.80 per share which, based on today's opening share price, equates to an annual rate of approximately 3.6%. The dividend will be paid on July 26, 2016 to Shareholders of record on July 15, 2016.

About Sovran Self Storage, Inc.

Sovran Self Storage, Inc. is an equity REIT that is in the business of acquiring and managing self storage facilities. The Company operates over 550 self storage facilities in 26 states under the name Uncle Bob's Self Storage®. For more information, visit www.unclebobs.com, like us on Facebook, or follow us on Twitter.

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