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%.
CUBE has a dividend yield of 3.78% which is above the industry average but below the Real Estate sector average.
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%.
| 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 |
CUBE has a payout ratio of 146.7% which is higher than the Real Estate sector and the industry average.