National Storage Affiliates Trust Announces Quarterly Dividends

Rhea-AI Summary

National Storage Affiliates Trust (NSA), a NYSE-listed company, has announced its quarterly dividends for the third quarter of 2024. The Board of Trustees declared a dividend of $0.56 per common share, which represents an annualized dividend rate of $2.24. Additionally, a dividend of $0.375 per share was declared for both the 6.000% Series A and Series B Cumulative Redeemable Preferred Shares. These dividends are payable on September 30, 2024, to shareholders of record as of September 13, 2024. The company also announced its participation in the upcoming 2024 BofA Securities Global Real Estate Conference in New York City on September 10-11, 2024.

Positive

• Consistent quarterly dividend payout of $0.56 per common share
• Annualized dividend rate of $2.24 per common share
• Dividend payments for preferred shares maintained at $0.375 per share

Negative

• None.

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust (“NSA” or the "Company") (NYSE: NSA), announced that its Board of Trustees today declared regular cash dividends for the third quarter 2024 payable on September 30, 2024 to shareholders of record on September 13, 2024 on the following securities:

• a dividend of $0.56 per common share, representing an annualized dividend rate of $2.24; and
• a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares; and
• a dividend of $0.375 per share on the Company’s 6.000% Series B Cumulative Redeemable Preferred Shares.

Upcoming Industry Conference

NSA management is scheduled to participate in the upcoming 2024 BofA Securities Global Real Estate Conference on September 10-11, 2024, in New York City.

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 predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of June 30, 2024, the Company held ownership interests in and operated 1,052 self storage properties located in 42 states and Puerto Rico with approximately 68.8 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 1000 Index of Companies and the S&P MidCap 400 Index.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240815041470/en/

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 common shares in Q3 2024?

National Storage Affiliates Trust (NSA) declared a dividend of $0.56 per common share for the third quarter of 2024.

When is the ex-dividend date for NSA's Q3 2024 dividend?

The press release doesn't specify the ex-dividend date. However, shareholders of record as of September 13, 2024, will be eligible for the Q3 2024 dividend.

What is the annualized dividend rate for NSA common shares?

The annualized dividend rate for NSA common shares is $2.24, based on the quarterly dividend of $0.56 per share.

When will NSA pay its Q3 2024 dividend?

NSA will pay its third quarter 2024 dividend on September 30, 2024, to shareholders of record as of September 13, 2024.

What is the dividend amount for NSA's preferred shares in Q3 2024?

NSA declared a dividend of $0.375 per share for both its 6.000% Series A and Series B Cumulative Redeemable Preferred Shares for Q3 2024.