CUBE CubeSmart dividend history, payout ratio & dates
- Stocks
- Real Estate
- NYSE: CUBE
- Dividend
CubeSmart's most recent dividend payment of $0.52 per share was made to shareholders on record before Apr 1, 2025. The payout stands at $2.06 per share annually, which works out to a dividend yield of 4.83%.
Key dates
- CUBE last dividend date: Apr 1, 2025
CUBE dividend stats
vs. Real Estate sector
Dividend yield
CUBE has a dividend yield of 4.83% which is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 7.15%, CubeSmart's dividend yield is 32% lower. The historical 5-year average of CUBE's dividend yield is 4.0%, which is below the current yield.
Dividend history
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 3% for the last year. And since the stock price has gone down by 0% from a year ago, the dividend yield has increased by 3.1%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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
Payout ratio
CUBE has a payout ratio of 120.5% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 160.9%, CubeSmart's payout ratio is 25% lower.
Total amount of dividends paid per financial year (from cash flow)
CUBE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CCI Crown Castle International Corp | 6.23% | $6.26 | N/A |
| CUBE CubeSmart | 4.8% | $2.06 | 120.5% |
| SHO Sunstone Hotel Investors Inc | 3.93% | $0.36 | 327.3% |
| PSA Public Storage | 3.93% | $12 | 118.8% |
| COR Cencora Inc. | 0.76% | $2.12 | 24.4% |
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 Apr 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 $2.06.
What is CubeSmart's dividend yield?
CubeSmart's current dividend yield is 4.83%.
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 120.5%.
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.