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CUBE CubeSmart dividend history, payout ratio & dates

CubeSmart's most recent quarterly dividend payment of $0.43 per share was made to shareholders on record before Mar 31, 2022. The payout stands at $1.54 per share annually, which works out to a dividend yield of 3.78%.

Key dates

  • CUBE last dividend date: Mar 31, 2022
  • CUBE next dividend date: Jun 30, 2022
CUBE dividend stats
DPS
$1.54
Dividend yield
3.82%
Payout ratio
146.7%
vs. Real Estate sector
Dividend yield
3.91%
Payout ratio
76.7%

Dividend yield

What is CubeSmart current dividend yield

CUBE has a dividend yield of 3.78% which is above the industry average but below the Real Estate sector average.

Dividend history

What is CUBE dividend payout history and dates

CubeSmart has been paying dividends for the last 17 years. According to our data CUBE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 15% for the last year. And since the stock price has gone down by 3.8% from a year ago, the dividend yield has increased by 19%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Feb 23, 2022 Mar 31, 2022 Apr 18, 2022 $0.43 normal
Nov 2, 2021 Dec 31, 2021 Jan 18, 2022 $0.43 normal
Jul 27, 2021 Sep 30, 2021 Oct 15, 2021 $0.34 normal
May 12, 2021 Jun 30, 2021 Jul 15, 2021 $0.34 normal
Feb 23, 2021 Mar 31, 2021 Apr 15, 2021 $0.34 normal
Dec 8, 2020 Dec 31, 2020 Jan 15, 2021 $0.34 normal
Jul 29, 2020 Sep 30, 2020 Oct 15, 2020 $0.33 normal
May 12, 2020 Jun 30, 2020 Jul 15, 2020 $0.33 normal
Feb 19, 2020 Mar 31, 2020 Apr 15, 2020 $0.33 normal
Dec 12, 2019 Dec 31, 2019 Jan 15, 2020 $0.33 normal
Jul 23, 2019 Sep 30, 2019 Oct 15, 2019 $0.32 normal
May 14, 2019 Jun 28, 2019 Jul 15, 2019 $0.32 normal
Feb 19, 2019 Mar 29, 2019 Apr 15, 2019 $0.32 normal
Dec 13, 2018 Dec 31, 2018 Jan 15, 2019 $0.32 normal
Aug 7, 2018 Sep 28, 2018 Oct 15, 2018 $0.3 normal
May 30, 2018 Jun 29, 2018 Jul 16, 2018 $0.3 normal
Feb 13, 2018 Mar 29, 2018 Apr 16, 2018 $0.3 normal
Dec 14, 2017 Dec 29, 2017 Jan 16, 2018 $0.3 normal
Jul 25, 2017 Sep 29, 2017 Oct 16, 2017 $0.27 normal
May 31, 2017 Jun 29, 2017 Jul 17, 2017 $0.27 normal
Feb 14, 2017 Mar 30, 2017 Apr 17, 2017 $0.27 normal
Dec 15, 2016 Dec 29, 2016 Jan 17, 2017 $0.27 normal
Aug 2, 2016 Sep 29, 2016 Oct 17, 2016 $0.21 normal
Jun 1, 2016 Jun 29, 2016 Jul 15, 2016 $0.21 normal
Feb 16, 2016 Mar 30, 2016 Apr 15, 2016 $0.21 normal

Dividend payout ratio

What is CubeSmart dividend payout ratio compared to the sector

Payout ratio

CUBE has a payout ratio of 146.7% which is higher than the Real Estate sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)