Best Japanese Companies To Buy For 2015: Sovran Self Storage Inc.(SSS)
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?s self-storage properties offer storage space to residential and commercial users, as well as offer outside storage for automobiles, recreational vehicles, and boats. As of February 15, 2007, it owned and managed 328 properties, consisting of approximately 20.3 million net rentable square feet in 22 states. Sovran Self Storage has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax to the extent it distributes at least 90% of taxable income to its stockholders. The company was founded in 1982 and is headquartered in Williamsville, New York.
Advisors' Opinion:- [By Rich Duprey]
Self-storage REIT Sovran Self Storage (NYSE: SSS ) announced today its second-quarter dividend of $0.53 per share, a 10% increase from the payout it made to investors last quarter of $0.48 per share.
source from Top Stocks For 2015:http://www.topstocksblog.com/best-japanese-companies-to-buy-for-2015-3.html
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