National Storage Affiliates Trust Declares First Quarter 2021 Dividends

Rhea-AI Summary

National Storage Affiliates Trust (NSA) announced the declaration of cash dividends for Q1 2021. Shareholders of record on March 15, 2021, will receive a dividend of $0.35 per common share, amounting to an annualized rate of $1.40. Additionally, a dividend of $0.375 per share will be paid on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares. NSA will participate in Citi’s 2021 Virtual Global Property CEO Conference from March 8-11, 2021.

Positive

• Declared a cash dividend of $0.35 per common share, ensuring a steady income for shareholders.
• Annualized dividend rate set at $1.40, indicating company confidence in financial stability.

Negative

• None.

National Storage Affiliates Trust (“NSA” or the "Company") (NYSE: NSA), today announced its Board of Trustees declared regular cash dividends for the first quarter 2021 payable on March 31, 2021 to shareholders of record on March 15, 2021 on the following securities:

• a dividend of $0.35 per common share, representing an annualized dividend rate of $1.40; and
  
• 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 Citi’s 2021 Virtual Global Property CEO Conference, March 8 – 11, 2021.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Denver, 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 December 31, 2020, the Company held ownership interests in and operated 821 self storage properties located in 36 states and Puerto Rico with approximately 52.0 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 SmallCap 600 Index.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210225006078/en/

FAQ

What is the dividend amount for common shares declared by NSA for Q1 2021?

The dividend amount for common shares declared by NSA for Q1 2021 is $0.35 per share.

When is the dividend payment date for NSA's Q1 2021 dividends?

The dividend payment date for NSA's Q1 2021 dividends is March 31, 2021.

What is the annualized dividend rate for NSA's common shares?

The annualized dividend rate for NSA's common shares is $1.40.

What is the dividend amount for NSA’s Series A Preferred Shares?

NSA’s Series A Cumulative Redeemable Preferred Shares will receive a dividend of $0.375 per share.