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National Storage Affiliates Trust (NSA) is a leading self-administered and self-managed real estate investment trust (REIT) specializing in the ownership, operation, and acquisition of self-storage facilities across the United States. The company focuses on metropolitan statistical areas (MSAs) to ensure strategic and high-demand locations for their properties.
NSA operates a diversified portfolio under well-recognized brands such as iStorage, SecurCare, Northwest, and Move It. By leveraging their comprehensive property management platform, NSA manages both consolidated properties and unconsolidated real estate ventures. This integrated approach allows for efficient day-to-day operations and enhances control over the assets.
In recent years, NSA has demonstrated robust growth through strategic acquisitions and operational efficiencies. The company's financial health remains solid, backed by strong occupancy rates and stable revenue streams. NSA's commitment to expanding its portfolio has been evident in recent projects aimed at enhancing storage solutions and customer satisfaction.
Partnerships with other industry leaders and continuous investment in technology have positioned NSA as a formidable player in the self-storage REIT sector. The company's forward-thinking approach and dedication to high standards make it a reliable choice for investors looking to capitalize on the growing demand for self-storage solutions.
For the latest updates and developments, NSA provides comprehensive news and performance reports, ensuring transparency and informed decision-making for its stakeholders.
National Storage Affiliates Trust (NSA) announced it will release financial results for the quarter ending June 30, 2021, after market close on August 3, 2021. A conference call to discuss these results, market conditions, and outlook will be held on August 4, 2021, at 1:00 p.m. ET. Interested parties can access the call via a webcast linked on the company's website. NSA operates 844 self-storage properties across 36 states and Puerto Rico, making it one of the largest companies in the self-storage sector.
National Storage Affiliates Trust (NSA) announced a regular cash dividend of $0.38 per common share for Q2 2021, marking a $0.03 increase from the previous quarter and a 15.2% year-over-year growth from Q2 2020. The annualized dividend rate now stands at $1.52. Additionally, a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares was declared. The dividends are payable on June 30, 2021, to shareholders on record by June 15, 2021.
National Storage Affiliates Trust (NSA) announced its inclusion in the S&P MidCap 400 Index, effective May 14, 2021. This upgrade from the SmallCap 600 Index highlights the company’s significant growth in recent years. CEO Tamara Fischer expressed enthusiasm for the recognition and reaffirmed the company’s commitment to delivering robust growth for stakeholders. As of March 31, 2021, NSA owned and operated 844 self-storage properties across 36 states and Puerto Rico, totaling approximately 53.5 million rentable square feet.
National Storage Affiliates Trust (NSA) reported a strong first quarter 2021, showing a 75.3% increase in net income to $27.6 million compared to Q1 2020. Diluted earnings per share rose to $0.19, and Core Funds from Operations (FFO) increased 22.5% per share, reaching $51.2 million. Same store net operating income (NOI) grew by 11.5%, aided by an 8.1% rise in revenues. The company also successfully completed acquisitions totaling $166 million and settled a public offering with net proceeds of $97.3 million. NSA raised its 2021 guidance due to ongoing positive trends.
National Storage Affiliates Trust (NSA) will release its financial results for Q1 2021 on May 4, 2021, after market close. A conference call is scheduled for May 5, 2021, at 1:00 p.m. ET to discuss these results, current market conditions, and future outlook. The call will be accessible via webcast on NSA’s website. The company is also set to participate in Nareit’s REITweek 2021 Virtual Investor Conference from June 8-10, 2021. NSA operates 821 self-storage properties across 36 states, making it a significant player in the self-storage sector.
National Storage Affiliates Trust (NSA) has expanded its Board of Trustees by adding Charles Wu, effective February 25, 2021, increasing the total to eleven members. Paul Hylbert, Lead Independent Trustee, emphasized Wu's extensive real estate investment experience as a valuable addition that will enhance NSA's strategic direction and diversity. Wu, a Senior Lecturer at Harvard Business School and co-founder of multiple private equity firms, brings significant expertise to the board. NSA is focused on self-storage properties across the U.S., operating 821 locations with over 52 million rentable square feet.
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.
National Storage Affiliates Trust (NSA) reported strong financial results for Q4 and full year 2020. Q4 net income rose to $24.5 million, a 30.2% increase from 2019, with diluted EPS at $0.18. For the year, net income reached $79.5 million, up 20.4%, with Core FFO of $169.3 million. Same store NOI grew 6.1% in Q4, driven by a 4.8% revenue increase. The company acquired 33 properties for $260.5 million in Q4 2020, enhancing its portfolio substantially. NSA's board increased the quarterly dividend to $0.35, reflecting confidence in its ongoing performance.
National Storage Affiliates Trust (NSA) has announced the tax treatment of its 2020 distributions for common and preferred shareholders. For common shares, total distributions reached $1.35 per share, with ordinary dividends of $0.991288 and non-dividend distributions of $0.358712. For preferred shares, distributions totaled $1.50 per share, consisting entirely of ordinary dividends. NSA advises shareholders to consult tax advisors regarding tax implications. The company, a major player in self-storage, operates 788 properties across 35 states and Puerto Rico.
National Storage Affiliates Trust (NSA) will release its financial results for Q4 2020 on February 22, 2021, post-market. A conference call is scheduled for February 23, 2021, at 12:00 p.m. ET, where management will discuss financial outcomes, market conditions, and future projections. Participants can join via webcast on the Company's website. NSA, a significant player in the self-storage REIT sector, operates 788 properties across the U.S. and Puerto Rico, totaling approximately 49.5 million rentable square feet as of September 2020.
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