CubeSmart Declares Second Quarter 2021 Dividend

Rhea-AI Summary

CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021. This dividend will be paid on July 15, 2021 to shareholders of record as of July 1, 2021. CubeSmart manages or owns 1,262 self-storage properties across the U.S., ranking among the top three operators in the sector.

Positive

• Declared quarterly dividend of $0.34 per share, enhancing shareholder income.
• Strengthened position in self-storage market with 1,262 properties.

Negative

• None.

MALVERN, Pa., May 12, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Board of Trustees declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021. The dividend is payable on July 15, 2021 to common shareholders of record on July 1, 2021.

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,262 self-storage properties across the United States. According to the 2020 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 declared by CubeSmart for Q2 2021?

CubeSmart declared a dividend of $0.34 per common share for the period ending June 30, 2021.

When will CubeSmart's dividend be paid?

The dividend will be paid on July 15, 2021.

Who qualifies for CubeSmart's dividend?

Shareholders of record as of July 1, 2021, will qualify for the dividend.

How many properties does CubeSmart own or manage?

CubeSmart owns or manages 1,262 self-storage properties across the United States.

What sector does CubeSmart operate in?

CubeSmart operates in the self-storage real estate investment trust (REIT) sector.