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CubeSmart Announces 2.0% Increase in Quarterly Common Dividend

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CubeSmart (NYSE: CUBE) has announced a 2.0% increase in its quarterly dividend, declaring $0.52 per common share for the period ending December 31, 2024. The dividend will be paid on January 16, 2025, to shareholders of record as of January 2, 2025. This marks the company's 15th consecutive annual dividend increase.

CubeSmart, a self-administered and self-managed real estate investment trust, currently owns or manages 1,538 self-storage properties across the United States. According to the 2024 Self Storage Almanac, the company ranks among the top three owners and operators of self-storage properties in the U.S.

CubeSmart (NYSE: CUBE) ha annunciato un aumento del 2,0% del suo dividendo trimestrale, dichiarando $0,52 per azione ordinaria per il periodo che termina il 31 dicembre 2024. Il dividendo sarà pagato il 16 gennaio 2025 agli azionisti registrati al 2 gennaio 2025. Questo segna il 15° aumento annuale consecutivo del dividendo dell'azienda.

CubeSmart, un fondo di investimento immobiliare autogestito e autonomo, attualmente possiede o gestisce 1.538 immobili di self-storage negli Stati Uniti. Secondo l'Almanacco del Self Storage 2024, l'azienda si colloca tra i primi tre proprietari e gestori di immobili di self-storage negli Stati Uniti.

CubeSmart (NYSE: CUBE) ha anunciado un aumento del 2,0% en su dividendo trimestral, declarando $0.52 por acción común para el periodo que finaliza el 31 de diciembre de 2024. El dividendo se pagará el 16 de enero de 2025 a los accionistas que tengan registro hasta el 2 de enero de 2025. Esto marca el 15° aumento anual consecutivo del dividendo de la empresa.

CubeSmart, un fideicomisario de inversión inmobiliaria autoadministrado y autogestionado, actualmente posee o gestiona 1,538 propiedades de autoalmacenamiento en los Estados Unidos. Según el Almanaque de Self Storage 2024, la empresa ocupa uno de los tres primeros lugares entre los propietarios y operadores de propiedades de autoalmacenamiento en EE.UU.

큐브스마트 (NYSE: CUBE)는 분기 배당금을 2.0% 인상한다고 발표하며, 2024년 12월 31일 종료되는 기간 동안 보통주 1주당 $0.52를 선언했습니다. 이 배당금은 2025년 1월 16일에 2025년 1월 2일 기준 주주에게 지급될 예정입니다. 이는 회사의 15번째 연속 연배당금 인상입니다.

큐브스마트는 자가 관리와 자가 운영을 하는 부동산 투자 신탁으로 현재 미국 전역에 1,538개의 셀프 스토리지 자산을 소유하거나 관리하고 있습니다. 2024년 셀프 스토리지 연감에 따르면, 회사는 미국 내 셀프 스토리지 자산의 상위 3대 소유자 및 운영자 중 하나입니다.

CubeSmart (NYSE: CUBE) a annoncé une augmentation de 2,0 % de son dividende trimestriel, déclarant un montant de 0,52 $ par action pour la période se terminant le 31 décembre 2024. Le dividende sera payé le 16 janvier 2025 aux actionnaires inscrits au 2 janvier 2025. Cela marque la 15e augmentation annuelle consécutive du dividende de l’entreprise.

CubeSmart, une société de placement immobilier autogérée et autogérée, possède ou gère actuellement 1 538 propriétés de self-stockage à travers les États-Unis. Selon l'Almanach du Self-Stockage 2024, l'entreprise figure parmi les trois meilleurs propriétaires et exploitants de propriétés de self-stockage aux États-Unis.

CubeSmart (NYSE: CUBE) hat eine Erhöhung der vierteljährlichen Dividende um 2,0% angekündigt und erklärt, dass $0,52 pro Stammaktie für den Zeitraum bis zum 31. Dezember 2024 gezahlt werden. Die Dividende wird am 16. Januar 2025 an die Aktionäre ausgezahlt, die zum 2. Januar 2025 im Aktienregister stehen. Dies stellt die 15. aufeinanderfolgende jährliche Dividendensteigerung des Unternehmens dar.

CubeSmart, ein selbstverwalteter und selbstgesteuerter Immobilien-Investment-Trust, besitzt oder verwaltet derzeit 1.538 Self-Storage-Immobilien in den Vereinigten Staaten. Laut dem Selbstlagerung-Almanach 2024 gehört das Unternehmen zu den drei größten Eigentümern und Betreibern von Self-Storage-Immobilien in den USA.

Positive
  • 15th consecutive annual dividend increase demonstrates consistent shareholder returns
  • 2.0% increase in quarterly dividend to $0.52 per share
  • Maintains position as one of top three self-storage operators in U.S.
  • Large portfolio of 1,538 self-storage properties indicates strong market presence
Negative
  • None.

MALVERN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending December 31, 2024. The dividend is payable on January 16, 2025 to common shareholders of record on January 2, 2025.  

“We are pleased to announce the 15th consecutive annual increase to our dividend,” commented President and Chief Executive Officer Christopher P. Marr.

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,538 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.

The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.

For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.

Company Contact:
CubeSmart
Josh Schutzer
Vice President, Finance
610-535-5700


FAQ

What is CubeSmart's new quarterly dividend amount for Q4 2024?

CubeSmart's new quarterly dividend is $0.52 per common share for the period ending December 31, 2024.

When will CUBE's Q4 2024 dividend be paid?

The dividend will be paid on January 16, 2025, to shareholders of record as of January 2, 2025.

How many consecutive years has CubeSmart increased its dividend?

CubeSmart has increased its dividend for 15 consecutive years.

What is the percentage increase in CubeSmart's quarterly dividend?

CubeSmart announced a 2.0% increase in its quarterly dividend.

How many self-storage properties does CUBE own or manage?

CubeSmart owns or manages 1,538 self-storage properties across the United States.

CubeSmart

NYSE:CUBE

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9.65B
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United States of America
MALVERN