Stor-Age cuts dividend for the first time
The personal storage landlord has outperformed its peers since it listed in 2015
Stor-Age Property Reit, the listed personal storage landlord that has consistently outperformed its peers, has not been spared by the pandemic, with its dividend falling 5% in the six months to end-September.
This was the first time Stor-Age saw its dividend fall in any financial period since it listed in November 2015. The company, however, has been a far better performer than many similar companies, some of which have seen their dividends plummet by double digits...