CubeSmart (MEX:CUBE) Total Payout Ratio : 1.05 (As of Dec. 11, 2024)

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What is CubeSmart Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

CubeSmart's current Total Payout Ratio is 1.05.

CubeSmart Total Payout Ratio Historical Data

The historical data trend for CubeSmart's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CubeSmart Total Payout Ratio Chart

CubeSmart Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

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0.28

0.81

-2.96

1.32

1.08

CubeSmart Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Payout Ratio	Get a 7-Day Free Trial															1.07	1.00	1.22	1.22	0.82

Competitive Comparison of CubeSmart's Total Payout Ratio

For the REIT - Industrial subindustry, CubeSmart's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CubeSmart's Total Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where CubeSmart's Total Payout Ratio falls into.

CubeSmart Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

CubeSmart's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-4.685	+	0	+	-7553.082)	/	7000.774
	=	1.08

CubeSmart's Total Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (645.212	+	0	+	-2271.867)	/	1987.736
	=	0.82

CubeSmart Total Payout Ratio Related Terms

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CubeSmart Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CubeSmart (MEX:CUBE) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

CUBE:USA UK8:Germany

Address

5 Old Lancaster Road, Malvern, PA, USA, 19355

Website

https://www.cubesmart.com

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.