CubeSmart
CUBECubeSmart (CUBE) is a self-storage company providing storage solutions for residential and commercial customers. Founded in 2004, it operates a network of facilities across the United States, offering conveniently located, accessible storage units. CubeSmart emphasizes customer service, innovation, and flexible lease options to meet various personal and business needs.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 15, 2026 | $0.53 | 2026-07-01 | 2026-07-01 |
| April 15, 2026 | $0.53 | 2026-04-01 | 2026-04-01 |
| January 16, 2026 | $0.53 | 2026-01-02 | 2026-01-02 |
| October 15, 2025 | $0.52 | 2025-10-01 | 2025-10-01 |
| July 15, 2025 | $0.52 | 2025-07-01 | 2025-07-01 |
Dividends Summary
- Consistent Payer: CubeSmart has rewarded shareholders with 86 dividend payments over the past 21 years.
- Total Returned Value: Investors who held CUBE shares during this period received a total of $22.75 per share in dividend income.
- Latest Payout: The most recent dividend of $0.53/share was paid 3 days ago, on July 15, 2026.
- Yield & Schedule: CUBE currently pays dividends quarterly with an annual yield of 5.04%.
- Dividend Growth: Since 2005, the dividend payout has grown by 89.3%, from $0.28 to $0.53.
- Dividend Reliability: CUBE has maintained or increased its dividend for 71 consecutive payments.
Company News
CubeSmart (NYSE: CUBE) announced a quarterly dividend of $0.53 per common share for the period ending June 30, 2026, payable on July 15, 2026 to shareholders of record on July 1, 2026. The company operates 1,530 self-storage properties across the United States and ranks among the top three owners and operators in the industry.
CubeSmart, the third-largest self-storage REIT, has underperformed the S&P 500 and its larger peers over the past decade due to industry oversupply and lack of differentiated growth strategy. The self-storage market is showing early signs of recovery with improving move-in rates and customer growth. The analyst is monitoring whether positive mome...
The Initiative for a Competitive Inner City (ICIC) announced a leadership transition with Ronald A. Homer stepping down as Board Chair after five years, to be succeeded by Jair K. Lynch, President and CEO of Jair Lynch Real Estate Partners. Lynch, who has served on ICIC's Board since 2017, brings over 30 years of experience in real estate develop...
CubeSmart has declared a quarterly dividend of $0.53 per common share, marking its 16th consecutive annual dividend increase. The dividend will be payable on January 16, 2026, to shareholders of record on January 2, 2026.
CubeSmart announced a $450 million senior unsecured notes offering priced at 98.656% with a 5.295% yield to maturity, expected to close on August 20, 2025. The proceeds will be used to repay outstanding debt and for general corporate purposes.
