CubeSmart's most recent dividend payment of $0.53 per share was made to shareholders on record before Apr 1, 2026. The payout stands at $2.1 per share annually, which works out to a dividend yield of 5.37%.
CUBE has a dividend yield of 5.37% which is above the industry and its peers average but below the Real Estate sector average. Compared to its Real Estate sector average of 6.49%, CubeSmart's dividend yield is 17% lower. The historical 5-year average of CUBE's dividend yield is 4.3%, which is below the current yield.
CubeSmart has been paying dividends for the last 21 years. According to our data CUBE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.9% for the last year. And since the stock price has gone down by 8% from a year ago, the dividend yield has increased by 11%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Apr 1, 2026 | $0.53 | 5.75% |
| Jan 2, 2026 | $0.53 | 5.9% |
| Oct 1, 2025 | $0.52 | 5.14% |
| Jul 1, 2025 | $0.52 | 4.86% |
| Apr 1, 2025 | $0.52 | 4.9% |
| Jan 2, 2025 | $0.52 | 4.93% |
| Oct 1, 2024 | $0.51 | 3.85% |
| Jul 1, 2024 | $0.51 | 4.62% |
| Mar 28, 2024 | $0.51 | 4.42% |
| Dec 29, 2023 | $0.51 | 4.27% |
| Sep 29, 2023 | $0.49 | 5.14% |
| Jun 30, 2023 | $0.49 | 4.25% |
| Mar 31, 2023 | $0.49 | 3.98% |
| Dec 30, 2022 | $0.49 | 4.42% |
| Sep 30, 2022 | $0.43 | 4.29% |
| Jun 30, 2022 | $0.43 | 3.82% |
| Mar 31, 2022 | $0.43 | 2.96% |
| Dec 31, 2021 | $0.43 | 2.55% |
| Sep 30, 2021 | $0.34 | 2.81% |
| Jun 30, 2021 | $0.34 | 2.91% |
| Mar 31, 2021 | $0.34 | 3.54% |
| Dec 31, 2020 | $0.34 | 3.96% |
| Sep 30, 2020 | $0.33 | 4.09% |
| Jun 30, 2020 | $0.33 | 4.85% |
| Mar 31, 2020 | $0.33 | 4.85% |
| Dec 31, 2019 | $0.33 | 4.1% |
| Sep 30, 2019 | $0.32 | 3.67% |
| Jun 28, 2019 | $0.32 | 3.77% |
| Mar 29, 2019 | $0.32 | 3.87% |
| Dec 31, 2018 | $0.32 | 4.25% |
| Sep 28, 2018 | $0.3 | 4.21% |
| Jun 29, 2018 | $0.3 | 3.63% |
| Mar 29, 2018 | $0.3 | 4.04% |
| Dec 29, 2017 | $0.3 | 3.84% |
| Sep 29, 2017 | $0.27 | 4.16% |
| Jun 29, 2017 | $0.27 | 4.28% |
| Mar 30, 2017 | $0.27 | 3.76% |
| Dec 29, 2016 | $0.27 | 3.4% |
| Sep 29, 2016 | $0.21 | 3% |
| Jun 29, 2016 | $0.21 | 2.58% |
| Mar 30, 2016 | $0.21 | 2.24% |
| Dec 30, 2015 | $0.21 | 2.23% |
| Sep 29, 2015 | $0.16 | 2.37% |
| Jun 29, 2015 | $0.16 | 2.66% |
| Mar 30, 2015 | $0.16 | 2.4% |
CUBE has a payout ratio of 147.9% which is higher than the Real Estate sector and the industry average but lower than its peers average. In comparison with the Real Estate sector average of 136%, CubeSmart's payout ratio is 9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CUBE CubeSmart | 5.3% | $2.1 | 147.9% |
| CCI Crown Castle International Corp | 4.67% | $4.25 | 174.9% |
| PSA Public Storage | 3.94% | $12 | 123.5% |
| SHO Sunstone Hotel Investors Inc | 3.13% | $0.36 | 360% |
| COR Cencora Inc. | 0.87% | $2.35 | 17.9% |
Yes, CubeSmart has been paying dividends for the last 21 years.
CubeSmart's last dividend ex-date was on Apr 1, 2026. The dividend amount was $0.53 per share.
CUBE's annualized dividend per share is $2.1.
CubeSmart's current dividend yield is 5.37%.
CubeSmart has a quarterly dividend frequency.
CubeSmart's dividend payout ratio is 147.9%.
CubeSmart's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield.