CUBE Dividend History - CubeSmart

Track the latest CUBE dividend history: 4.78% Dividend Yield, 2.84% Annual Growth - Explore CUBE's complete dividend history

Yield 12m 4.78%
Cash Amount 12m 2.05
Dividend Growth 5y avg 2.84%
Dividend Rating 72.62%
Yield on Cost 5y 11.80%
Payout Ratio 119.8%
Payout Frequency 12m 4
Payout Consistency 92.4%
Total Return 12m: 3.39%
#6 in Group
Total Return 5y: 143.41%
#1 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Self-Storage REITs

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
CUBE 9,644m 4.78% 11.8%
SELF 60m 5.83% 11.9%
NSA 5,620m 4.39% 8.94%
EXR 32,457m 3.22% 7.32%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
CUBE 9,644m 2.84% 72.6%
NSA 5,620m 10.8% 78.9%
PSA 52,297m 8.45% 66.1%
SELF 60m 2.35% 72.3%

CUBE Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2025-01-02 2025-01-02 2025-01-16 Quarterly 0.52 2% 1.23%
2024-10-01 2024-10-01 2024-10-15 Quarterly 0.51 0.95%
2024-07-01 2024-07-01 2024-07-15 Quarterly 0.51 1.15%
2024-03-28 2024-04-01 2024-04-15 Quarterly 0.51 1.13%
2023-12-29 2024-01-02 2024-01-16 Quarterly 0.51 4.1% 1.1%
2023-09-29 2023-10-02 2023-10-16 Quarterly 0.49 1.27%
2023-06-30 2023-07-03 2023-07-17 Quarterly 0.49 1.09%
2023-03-31 2023-04-03 2023-04-17 Quarterly 0.49 1.08%
2022-12-30 2023-01-03 2023-01-17 Quarterly 0.49 14% 1.21%
2022-09-30 2022-10-03 2022-10-17 Quarterly 0.43 1.09%
2022-06-30 2022-07-01 2022-07-15 Quarterly 0.43 1.01%
2022-03-31 2022-04-01 2022-04-18 Quarterly 0.43 0.81%
2021-12-31 2022-01-03 2022-01-18 Quarterly 0.43 26.5% 0.76%
2021-09-30 2021-10-01 2021-10-15 Quarterly 0.34 0.68%
2021-06-30 2021-07-01 2021-07-15 Quarterly 0.34 0.73%
2021-03-31 2021-04-01 2021-04-15 Quarterly 0.34 0.9%
2020-12-31 2021-01-04 2021-01-15 Quarterly 0.34 3% 1.02%
2020-09-30 2020-10-01 2020-10-15 Quarterly 0.33 1.02%
2020-06-30 2020-07-01 2020-07-15 Quarterly 0.33 1.24%
2020-03-31 2020-04-01 2020-04-15 Quarterly 0.33 1.25%
2019-12-31 2020-01-02 2020-01-15 Quarterly 0.33 3.1%
2019-09-30 2019-10-01 2019-10-15 Quarterly 0.32
2019-06-28 2019-07-01 2019-07-15 Quarterly 0.32
2019-03-29 2019-04-01 2019-04-15 Quarterly 0.32
2018-12-31 2019-01-02 2019-01-15 Quarterly 0.32 6.7%
2018-09-28 2018-10-01 2018-10-15 Quarterly 0.3
2018-06-29 2018-07-02 2018-07-16 Quarterly 0.3
2018-03-29 2018-04-02 2018-04-16 Quarterly 0.3
2017-12-29 2018-01-02 2018-01-16 Quarterly 0.3 11.1%
2017-09-29 2017-10-02 2017-10-16 Quarterly 0.27
2017-06-29 2017-07-03 2017-07-17 Quarterly 0.27
2017-03-30 2017-04-03 2017-04-17 Quarterly 0.27
2016-12-29 2017-01-03 2017-01-17 Quarterly 0.27 28.6%
2016-09-29 2016-10-03 2016-10-17 Quarterly 0.21
2016-06-29 2016-07-01 2016-07-15 Quarterly 0.21
2016-03-30 2016-04-01 2016-04-15 Quarterly 0.21
2015-12-30 2016-01-04 2016-01-15 Quarterly 0.21 31.3%
2015-09-29 2015-10-01 2015-10-15 Quarterly 0.16
2015-06-29 2015-07-01 2015-07-15 Quarterly 0.16
2015-03-30 2015-04-01 2015-04-15 Quarterly 0.16

CUBE Dividend History - FAQ

Does CUBE pay dividends?

Yes, as of March 2025, CUBE paid a dividend of 2.05 USD in the last 12 months. The last dividend was paid on 2025-01-02.

What is the Dividend Yield of CUBE?

As of March 2025, CUBE`s dividend yield is 4.78%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.05M USD by the current share price of 42.30.

How often does CUBE pay dividends?

CUBE pays dividends quarterly. Over the last 12 months (TTM), CUBE has issued 4 dividend payments.

What is the next Ex-Dividend Date for CUBE?

The next ex-dividend date for CubeSmart (CUBE) is unknown.

What is the Dividend Growth Rate of CUBE?

CUBE's average dividend growth rate over the past 5 years is 2.84M% per year.
Weak growth: Dividend increases are lagging behind inflation.

What is the Yield on Cost of CUBE?

CUBE's 5-Year Yield on Cost is 11.8M%. This represents the effective dividend yield for an investor who bought CubeSmart five years ago. It is calculated as the trailing 12-month dividend cash amount (2.05M) divided by the purchase price five years ago (17.38):

What is the Payout Consistency of CUBE?

CUBE Payout Consistency is 92.4%.
Highly consistent: CubeSmart has a strong track record of consistent dividend payments.

Does CUBE have a good Dividend Yield?

CUBE`s 4.78% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of CUBE?

The Dividend Payout Ratio of CUBE is 119.8%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of CUBE?

CUBE`s Overall Dividend Rating is 72.62%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: CUBE Outstanding Shares

What is the Trend of CUBE`s Outstanding Shares?

The Outstanding Shares of CubeSmart are growing at a rate of 3.23% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 100.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did CubeSmart ever had a Stock Split?

No Stock Splits found.
Year Number of Shares Growth Rate
2003 33,742,000
2004 37,477,900 +11.07%
2005 57,257,000 +52.78%
2006 57,421,000 +0.29%
2007 57,593,000 +0.3%
2008 57,687,000 +0.16%
2009 92,834,000 +60.93%
2010 98,769,000 +6.39%
2011 122,266,000 +23.79%
2012 129,111,000 +5.6%
2013 140,219,000 +8.6%
2014 165,502,000 +18.03%
2015 174,679,000 +5.54%
2016 181,232,000 +3.75%
2017 182,432,000 +0.66%
2018 187,253,000 +2.64%
2019 193,582,000 +3.38%
2020 193,745,000 +0.08%
2021 203,797,000 +5.19%
2022 225,876,000 +10.83%
2023 226,242,000 +0.16%
2024 227,150,000 +0.4%