It's Not Too Late to Buy This Powerhouse Dividend Stock

It's Not Too Late to Buy This Powerhouse Dividend Stock

Life Storage (NYSE: LSI) deserves to be included in the pantheon of powerhouse dividend stocks for a couple of good reasons: Its proven performance record and its position in a niche that's still growing. For starters, as a real estate investment trust (REIT), Life Storage is obliged to pay out at least 90% of its taxable income as dividends each year.