CubeSmart Declares First Quarter 2023 Dividend

Rhea-AI Summary

CubeSmart (NYSE: CUBE) has declared a quarterly dividend of $0.49 per common share for the period ending March 31, 2023. This dividend is payable on April 17, 2023 to shareholders on record as of April 3, 2023.

As a leading real estate investment trust, CubeSmart owns and manages 1,281 self-storage properties across the U.S. It is recognized as one of the top three operators in the industry, providing innovative solutions and services to meet diverse storage needs.

Positive

• Declared a quarterly dividend of $0.49 per share.
• Payment date of April 17, 2023, boosts shareholder returns.
• Strong position as one of the top three self-storage operators in the U.S.

Negative

• None.

MALVERN, Pa., Feb. 22, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending March 31, 2023. The dividend is payable on April 17, 2023 to common shareholders of record on April 3, 2023.  

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,281 self-storage properties across the United States. According to the 2022 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 the dividend amount for CubeSmart in 2023?

CubeSmart declared a dividend of $0.49 per common share for the quarter ending March 31, 2023.

When will the CubeSmart dividend be paid?

The dividend will be paid on April 17, 2023.

What is the record date for CubeSmart's dividend?

The record date for the dividend is April 3, 2023.

How many properties does CubeSmart manage?

CubeSmart owns or manages 1,281 self-storage properties across the United States.