Market Cap : 11.07 B | Enterprise Value : 14.09 B | Price-to-FFO : 21.83 | PB Ratio : 3.92 |
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As of today (2022-08-10), the Trailing Annual Dividend Yield of CubeSmart is 3.31%.
The historical rank and industry rank for CubeSmart's Dividend Yield % or its related term are showing as below:
During the past 13 years, the highest Dividend Yield of CubeSmart was 6.09%. The lowest was 2.18%. And the median was 2.91%.
CUBE's Dividend Yield % is ranked worse thanCubeSmart's Dividend Payout Ratio for the three months ended in Jun. 2022 was 1.65.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CubeSmart is 1.52, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of CubeSmart was 15.33. The lowest was 1.33. And the median was 1.57.
As of today (2022-08-10), the Forward Dividend Yield % of CubeSmart is 3.48%.
CubeSmart's Dividends per Share for the three months ended in Jun. 2022 was $0.43.
During the past 12 months, CubeSmart's average Dividends Per Share Growth Rate was 20.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CubeSmart was 73.50% per year. The lowest was -55.80% per year. And the median was 20.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
The historical data trend for CubeSmart's Dividend Yield % 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.
For the REIT - Industrial subindustry, CubeSmart's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
For the REITs industry and Real Estate sector, CubeSmart's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CubeSmart's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
CubeSmart Recent Full-Year* Dividend History
Amount | Ex-date | Record Date | Pay Date | Type | Frequency | Forex Rate |
---|---|---|---|---|---|---|
USD 0.430 | 2022-06-30 | 2022-07-01 | 2022-07-15 | Cash Dividend | quarterly | USD:USD 1.000000 |
USD 0.430 | 2022-03-31 | 2022-04-01 | 2022-04-18 | Cash Dividend | quarterly | USD:USD 1.000000 |
USD 0.430 | 2021-12-31 | 2022-01-03 | 2022-01-18 | Cash Dividend | quarterly | USD:USD 1.000000 |
USD 0.340 | 2021-09-30 | 2021-10-01 | 2021-10-15 | Cash Dividend | quarterly | USD:USD 1.000000 |
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
CubeSmart's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield | = | Most Recent Full Year Dividend | / | Current Share Price |
= | 1.63 | / | 49.27 | |
= | 3.31 % |
Current Share Price is $49.27.
CubeSmart's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.63.
CubeSmart's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield | = | Forward Full Year Dividend | / | Current Share Price |
= | 1.72 | / | 49.27 | |
= | 3.49 % |
Current Share Price is $49.27.
CubeSmart's Dividends per Share for the forward twelve months is calculated as $0.43 * 4 = $1.72.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.
Thank you for viewing the detailed overview of CubeSmart's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lynch Jair K | director | 5 OLD LANCASTER RD MALVERN PA 19355 |
Keaton Joel D | officer: Sr VP of Operations | 5 OLD LANCASTER ROAD MALVERN PA 19355 |
Dowling Dororthy | director | 5 OLD LANCASTER ROAD MALVERN PA 19355 |
Perry Jonathan L | officer: SVP and CIO | 5 OLD LANCASTER ROAD MALVERN PA 19355 |
Ratnersalzberg Deborah | director | 301 WATER ST SE SUITE 201 WASHINGTON DC 20003 |
Fain John W | director | 1000 SEMMES AVE RICHMOND VA 23224 |
Rogatz Jeffrey F | director | |
Blatz Robert G | officer: SR VP of Operations | 29399 US HWY STE 320 CLEARWATER FL 33761 |
Bussani Piero | director | 460 EAST SWEDESFORD ROAD SUITE 3000 WAYNE PA 19087 |
Remondi John F | director | 300 CONTINENTAL DRIVE NEWARK DE 19713 |
Foster Jeffrey P | officer: Sr. VP - Chief Legal Officer | 460 EAST SWEDESFORD ROAD SUITE 3000 WAYNE PA 19087 |
Amsdell & Amsdell | other: Member of 13d group owning 10% | 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135 |
Amsdell Holdings I Inc. | other: Member of 13d group owning 10% | 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135 |
Amsdell Real Estate Trust Dated 10/3/89 | other: Member of 13d group owning 10% | 20445 EMERALD PARKWAY DRIVE SW SUITE 220 CLEVELAND OH 44135 |
Andrews Charles Elliott | director | C/O H&R BLOCK ONE H&R BLOCK WAY KANSAS CITY MO 64105 |
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