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CubeSmart Dividend Yield %

: 3.31% (As of Today)
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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:

CUBE' s Dividend Yield % Range Over the Past 10 Years
Min: 2.18   Med: 2.91   Max: 6.09
Current: 3.31

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 than
75.45% of 770 companies
in the REITs industry
Industry Median: 4.67 vs CUBE: 3.31

CubeSmart'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.


CubeSmart Dividend Yield % Historical Data

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.

* Premium members only.

CubeSmart Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 4.25 4.10 3.96 2.55

CubeSmart Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.91 2.81 2.55 2.96 3.82

Competitive Comparison

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.

   

CubeSmart Dividend Yield % Distribution

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.



CubeSmart Dividend Yield % Calculation

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 0.4302022-06-302022-07-012022-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302022-03-312022-04-012022-04-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4302021-12-312022-01-032022-01-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402021-09-302021-10-012021-10-15Cash DividendquarterlyUSD: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.


CubeSmart  (NYSE:CUBE) Dividend Yield % Explanation

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.


CubeSmart Dividend Yield % Related Terms

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.


CubeSmart Business Description

CubeSmart logo
Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
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. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Executives
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

CubeSmart Headlines

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