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National Storage Affiliates Trust Announces Increase in Quarterly Common Dividend

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National Storage Affiliates Trust (NSA) announced a regular cash dividend for Q3 2021. Shareholders will receive a dividend of $0.41 per common share, marking a 7.9% increase from the previous quarter and a 20.6% increase from Q3 2020. The record date for this dividend is September 15, 2021, with payments made on September 30, 2021. Additionally, a dividend of $0.375 will be paid on Series A Cumulative Redeemable Preferred Shares.

Positive
  • Dividend increase to $0.41 per common share reflects strong financial performance.
  • 20.6% annual growth in common share dividend suggests robust company earnings.
Negative
  • None.

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust (“NSA” or the "Company") (NYSE: NSA), announces that its Board of Trustees yesterday declared regular cash dividends for the third quarter 2021 payable on September 30, 2021 to shareholders of record on September 15, 2021 on the following securities:

  • a dividend of $0.41 per common share, representing an annualized dividend rate of $1.64. The new rate represents a 7.9% increase from the previous quarter and a 20.6% increase from the third quarter 2020.
  • a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares.

Upcoming Industry Conference

NSA management is scheduled to participate in the virtual BofA Securities 2021 Global Real Estate Conference, September 21 – 22, 2021 and the virtual Evercore 7th Annual Storage Symposium, September 28, 2021.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of June 30, 2021, the Company held ownership interests in and operated 864 self storage properties located in 36 states and Puerto Rico with approximately 55.2 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. For more information, please visit the Company’s website at www.nationalstorageaffiliates.com. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000 Index of Companies and the S&P MidCap 400 Index.

National Storage Affiliates Trust

Investor/Media Relations

George Hoglund, CFA

Vice President - Investor Relations

720.630.2160

ghoglund@nsareit.net

Source: National Storage Affiliates Trust

FAQ

What is the dividend amount for NSA in Q3 2021?

National Storage Affiliates Trust announced a dividend of $0.41 per common share for Q3 2021.

When will NSA pay the Q3 2021 dividend?

The dividend will be payable on September 30, 2021.

What is the record date for the NSA dividend?

The record date for the dividend is September 15, 2021.

How much is the preferred share dividend for NSA?

The dividend for NSA's Series A Cumulative Redeemable Preferred Shares is $0.375 per share.

What is the percentage increase of the NSA dividend compared to last quarter?

The dividend increased by 7.9% from the previous quarter.

What was the percentage increase of NSA's dividend compared to Q3 2020?

The dividend increased by 20.6% compared to Q3 2020.

National Storage Affiliates Trust

NYSE:NSA

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3.30B
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REIT - Industrial
Real Estate Investment Trusts
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United States of America
GREENWOOD VILLAGE