On Feb. 26, 2016, $SIG's BoD declared an 18% increase in 1Q17 dividend, resulting in an increase from $0.22 to $0.26 per common share. In FY16, total annual dividend of $0.88 were approved by the BoD versus $0.72 in FY15.
$PSA Board of Trustees declared a regular common quarterly dividend of $2.00 per common share, on Feb. 22, 2017. The dividends are payable on March 30, 2017 to shareholders of record as of March 15, 2017.
$PSA, a self-storage REIT reported 16.4% rise in its 4Q16 earnings, mainly due to $32MM increase in self-storage net operating income. Net income was $352.8MM, or $2.03 per share, compared to $303MM, or $1.74 per share during 4Q15. Revenue for same store facilities rose 4.6% YoY to $530MM,helped by higher realized annual rent per occupied sq.ft.
$ESS announced that its BoD has approved a 9.4% increase to its
prior quarterly cash dividend. The BoD has declared a 1Q17 dividend of $1.75
per share, payable on April 17, 2017 to shareholders of record as of March 31,
2017. On an annualized basis, the dividend represents a distribution of $7.00
per common share.