CubeSmart Declares First Quarter 2025 Dividend
CubeSmart (NYSE: CUBE) has announced its first quarter 2025 dividend declaration. The Board of Trustees has declared a quarterly dividend of $0.52 per common share for the period ending March 31, 2025. The dividend will be paid on April 15, 2025 to shareholders of record as of April 1, 2025.
The company, a self-administered and self-managed real estate investment trust, currently owns or manages 1,533 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties in the U.S.
CubeSmart (NYSE: CUBE) ha annunciato la dichiarazione del dividendo per il primo trimestre del 2025. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di $0,52 per azione comune per il periodo che termina il 31 marzo 2025. Il dividendo sarà pagato il 15 aprile 2025 agli azionisti registrati al 1 aprile 2025.
L'azienda, un fondo di investimento immobiliare autogestito e autogestito, attualmente possiede o gestisce 1.533 proprietà di self-storage negli Stati Uniti. Secondo l'Almanacco 2024 del Self Storage, CubeSmart si classifica tra i primi tre proprietari e operatori di proprietà di self-storage negli Stati Uniti.
CubeSmart (NYSE: CUBE) ha anunciado su declaración de dividendos para el primer trimestre de 2025. La Junta de Fideicomisarios ha declarado un dividendo trimestral de $0.52 por acción común para el período que termina el 31 de marzo de 2025. El dividendo se pagará el 15 de abril de 2025 a los accionistas registrados a partir del 1 de abril de 2025.
La compañía, un fideicomiso de inversión inmobiliaria autoadministrado y autogestionado, actualmente posee o gestiona 1,533 propiedades de autoalmacenamiento en los Estados Unidos. Según el Almanaque de Autoalmacenamiento 2024, CubeSmart se clasifica entre los tres principales propietarios y operadores de propiedades de autoalmacenamiento en EE. UU.
큐브스마트 (NYSE: CUBE)는 2025년 1분기 배당금 선언을 발표했습니다. 이사회는 2025년 3월 31일 종료되는 기간에 대해 보통주당 $0.52의 분기 배당금을 선언했습니다. 배당금은 2025년 4월 15일에 2025년 4월 1일 기준 주주에게 지급됩니다.
이 회사는 자가 관리 및 자가 운영되는 부동산 투자 신탁으로, 현재 미국 전역에 1,533개의 셀프 스토리지 자산을 소유하거나 관리하고 있습니다. 2024년 셀프 스토리지 연감에 따르면, 큐브스마트는 미국의 상위 3대 셀프 스토리지 자산 소유자 및 운영자 중 하나로 평가받고 있습니다.
CubeSmart (NYSE: CUBE) a annoncé sa déclaration de dividende pour le premier trimestre 2025. Le Conseil d'Administration a déclaré un dividende trimestriel de 0,52 $ par action ordinaire pour la période se terminant le 31 mars 2025. Le dividende sera payé le 15 avril 2025 aux actionnaires enregistrés au 1er avril 2025.
L'entreprise, un fonds d'investissement immobilier autogéré et autogéré, possède ou gère actuellement 1 533 propriétés de self-stockage à travers les États-Unis. Selon l'Almanach 2024 du Self Storage, CubeSmart se classe parmi les trois principaux propriétaires et opérateurs de propriétés de self-stockage aux États-Unis.
CubeSmart (NYSE: CUBE) hat die Dividendenankündigung für das erste Quartal 2025 bekannt gegeben. Der Vorstand hat eine vierteljährliche Dividende von 0,52 $ pro Stammaktie für den Zeitraum bis zum 31. März 2025 erklärt. Die Dividende wird am 15. April 2025 an die Aktionäre ausgezahlt, die am 1. April 2025 im Aktienregister stehen.
Das Unternehmen, ein selbstverwalteter und selbstgesteuerter Immobilieninvestmentfonds, besitzt oder verwaltet derzeit 1.533 Self-Storage-Immobilien in den Vereinigten Staaten. Laut dem Self Storage Almanach 2024 gehört CubeSmart zu den drei größten Eigentümern und Betreibern von Self-Storage-Immobilien in den USA.
- Maintains consistent dividend payment
- Ranks among top 3 self-storage operators in US
- Large portfolio of 1,533 properties
- None.
Insights
CubeSmart's declaration of a $0.52 quarterly dividend represents an annualized dividend of
As one of the top three self-storage operators in the U.S. with 1,533 properties, CubeSmart benefits from significant scale advantages in a fragmented industry. The self-storage sector has historically demonstrated resilience during economic fluctuations due to its diverse demand drivers including life transitions (moving, downsizing), business storage needs, and increasing urbanization that limits residential storage space.
From a financial perspective, self-storage REITs typically maintain lower payout ratios than other REIT subsectors, providing greater dividend safety. CubeSmart's focus on climate-controlled facilities positions them in the premium segment of the market, potentially supporting stronger rental rates and occupancy levels compared to basic storage offerings.
The timing of this dividend announcement comes as the self-storage sector navigates moderate headwinds from normalized post-pandemic demand and increased supply in certain markets. However, high construction costs and tighter lending conditions have recently constrained new development, which should benefit established operators like CubeSmart by limiting competitive pressure.
For investors, CubeSmart's consistent dividend reflects management's confidence in the company's operational cash flow stability. When evaluating against peers like Public Storage (PSA) and Extra Space Storage (EXR), CubeSmart offers a competitive yield while maintaining a balanced approach to growth through both acquisitions and property improvements.
The dividend record and payment dates (April 1 and April 15, respectively) follow the company's established quarterly distribution pattern, providing predictability for income-focused investors in an otherwise uncertain market environment.
MALVERN, Pa., Feb. 25, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,533 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 Q1 2025 dividend amount and when will it be paid?
How many self-storage properties does CubeSmart (CUBE) currently operate?
What is CubeSmart's (CUBE) market position in the US self-storage industry?
When is the record date for CubeSmart's (CUBE) Q1 2025 dividend?
