CUBE CubeSmart dividend history, payout ratio & dates

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Relative Growth: Rel. Growth: 67
Relative Strength: Rel. Strength: 28
Relative Valuation: Rel. Valuation: 36
Relative Profitability: Rel. Profitability: 75

Last dividend date: Oct 1, 2025

Dividend yield: 5.51%

Payout ratio: 133.3%

CubeSmart's most recent dividend payment of $0.52 per share was made to shareholders on record before Oct 1, 2025. The payout stands at $2.08 per share annually, which works out to a dividend yield of 5.51%.

CUBE dividend stats
DPS
$2.08
Dividend yield
5.51%
Payout ratio
133.3%
vs. Real Estate sector
Dividend yield
6.64%
Payout ratio
131.7%

CubeSmart Dividend yield

What is CubeSmart current dividend yield

CUBE has a dividend yield of 5.51% which is above the industry and its peers average but below the Real Estate sector average. Compared to its Real Estate sector average of 6.64%, CubeSmart's dividend yield is 17% lower. The historical 5-year average of CUBE's dividend yield is 4.1%, which is below the current yield.

CUBE Dividend history

What is CUBE dividend payout history and dates

CubeSmart has been paying dividends for the last 20 years. According to our data CUBE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2% for the last year. And since the stock price has gone down by 23% from a year ago, the dividend yield has increased by 33%.

CubeSmart Dividend history chart

Ex-date Amount Yield (TTM)
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%

CubeSmart dividend payout ratio

What is CubeSmart dividend payout ratio compared to the sector

Payout ratio

CUBE has a payout ratio of 133.3% which is higher than the Real Estate sector and the industry average. But in comparison with the Real Estate sector average of 131.7%, CubeSmart's payout ratio is only 1.2% higher.

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

CUBE dividend vs peer dividends

How does CUBE dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CCI Crown Castle International Corp 5.85% $5.26 N/A
CUBE CubeSmart 5.51% $2.08 133.3%
PSA Public Storage 4.3% $12 124.4%
SHO Sunstone Hotel Investors Inc 3.96% $0.36 1,200%
COR Cencora Inc. 0.62% $2.2 22.4%

Frequently asked questions

Does CubeSmart pay a dividend?

Yes, CubeSmart has been paying dividends for the last 20 years.

When was CUBE's last dividend?

CubeSmart's last dividend ex-date was on Oct 1, 2025. The dividend amount was $0.52 per share.

How much dividend does CubeSmart pay (per share)?

CUBE's annualized dividend per share is $2.08.

What is CubeSmart's dividend yield?

CubeSmart's current dividend yield is 5.51%.

How often does CubeSmart pay dividends?

CubeSmart has a quarterly dividend frequency.

What is CubeSmart's dividend payout ratio?

CubeSmart's dividend payout ratio is 133.3%.

Does CubeSmart pay a good dividend?

CubeSmart's dividend yield is below the Real Estate sector average.

Special dividends are included in TTM DPS and yield.