National Storage Affiliates Trust Announces Quarterly Dividends

Rhea-AI Summary

National Storage Affiliates Trust (NYSE: NSA) declared cash dividends for Q4 2022. Shareholders will receive $0.55 per common share, reflecting an annualized rate of $2.20. Additionally, a $0.375 dividend will be paid on 6.000% Series A Preferred Shares. These dividends are payable on December 30, 2022, with a record date of December 15, 2022. As of September 30, 2022, NSA operates 1,100 self-storage properties across 42 states and Puerto Rico, totaling 71.5 million rentable square feet.

Positive

• Declared a dividend of $0.55 per common share, reflecting strong shareholder returns.
• Annualized dividend rate of $2.20 shows confidence in ongoing revenue generation.

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 fourth quarter 2022 payable on December 30, 2022 to shareholders of record on December 15, 2022 on the following securities:

• a dividend of $0.55 per common share, representing an annualized dividend rate of $2.20; and
• a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares.

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 September 30, 2022, the Company held ownership interests in and operated 1,100 self storage properties located in 42 states and Puerto Rico with approximately 71.5 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/20221109006076/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 declared by NSA for Q4 2022?

NSA declared a dividend of $0.55 per common share for Q4 2022.

When will NSA's dividends be paid?

The dividends will be payable on December 30, 2022.

What is the record date for NSA's Q4 2022 dividend?

The record date for NSA's Q4 2022 dividend is December 15, 2022.

How many properties does NSA operate?

As of September 30, 2022, NSA operates 1,100 self-storage properties in 42 states and Puerto Rico.

What is the annualized dividend rate for NSA?

The annualized dividend rate for NSA is $2.20.