CUBE - NYSE
CubeSmart
$39.59
-0.50%CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
At a Glance
Live SnapshotCubeSmart Dividend History
CUBE Dividend Payment History
Total Payments
50
Latest Dividend
$0.5300
Annual Amount
$2.6300
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 19, 2026 | Jul 1, 2026 | Jul 15, 2026 | $0.5300 | $0.5300 | Quarterly | 0.00% |
Feb 24, 2026 | Apr 1, 2026 | Apr 15, 2026 | $0.5300 | $0.5300 | Quarterly | 0.00% |
Dec 15, 2025 | Jan 2, 2026 | Jan 16, 2026 | $0.5300 | $0.5300 | Quarterly | +1.92% |
Jul 29, 2025 | Oct 1, 2025 | Oct 15, 2025 | $0.5200 | $0.5200 | Quarterly | 0.00% |
May 20, 2025 | Jul 1, 2025 | Jul 15, 2025 | $0.5200 | $0.5200 | Quarterly | 0.00% |
Feb 25, 2025 | Apr 1, 2025 | Apr 15, 2025 | $0.5200 | $0.5200 | Quarterly | 0.00% |
Dec 13, 2024 | Jan 2, 2025 | Jan 16, 2025 | $0.5200 | $0.5200 | Quarterly | +1.96% |
Jul 23, 2024 | Oct 1, 2024 | Oct 15, 2024 | $0.5100 | $0.5100 | Quarterly | 0.00% |
May 21, 2024 | Jul 1, 2024 | Jul 15, 2024 | $0.5100 | $0.5100 | Quarterly | 0.00% |
Mar 18, 2024 | Apr 1, 2024 | Apr 15, 2024 | $0.5100 | $0.5100 | Quarterly | 0.00% |
Dec 7, 2023 | Jan 2, 2024 | Jan 16, 2024 | $0.5100 | $0.5100 | Quarterly | +4.08% |
Jul 25, 2023 | Oct 2, 2023 | Oct 16, 2023 | $0.4900 | $0.4900 | Quarterly | 0.00% |
May 16, 2023 | Jul 3, 2023 | Jul 17, 2023 | $0.4900 | $0.4900 | Quarterly | 0.00% |
Feb 22, 2023 | Apr 3, 2023 | Apr 17, 2023 | $0.4900 | $0.4900 | Quarterly | 0.00% |
Dec 7, 2022 | Jan 3, 2023 | Jan 17, 2023 | $0.4900 | $0.4900 | Quarterly | +13.95% |
Jul 26, 2022 | Oct 3, 2022 | Oct 17, 2022 | $0.4300 | $0.4300 | Quarterly | 0.00% |
May 17, 2022 | Jul 1, 2022 | Jul 15, 2022 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Feb 23, 2022 | Apr 1, 2022 | Apr 18, 2022 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Nov 2, 2021 | Jan 3, 2022 | Jan 18, 2022 | $0.4300 | $0.4300 | Quarterly | +26.47% |
Jul 27, 2021 | Oct 1, 2021 | Oct 15, 2021 | $0.3400 | $0.3400 | Quarterly | 0.00% |
May 12, 2021 | Jul 1, 2021 | Jul 15, 2021 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Feb 23, 2021 | Apr 1, 2021 | Apr 15, 2021 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Dec 8, 2020 | Jan 4, 2021 | Jan 15, 2021 | $0.3400 | $0.3400 | Quarterly | +3.03% |
Jul 29, 2020 | Oct 1, 2020 | Oct 15, 2020 | $0.3300 | $0.3300 | Quarterly | 0.00% |
May 12, 2020 | Jul 1, 2020 | Jul 15, 2020 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Feb 19, 2020 | Apr 1, 2020 | Apr 15, 2020 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Dec 12, 2019 | Jan 2, 2020 | Jan 15, 2020 | $0.3300 | $0.3300 | Quarterly | +3.13% |
Jul 23, 2019 | Oct 1, 2019 | Oct 15, 2019 | $0.3200 | $0.3200 | Quarterly | 0.00% |
May 14, 2019 | Jul 1, 2019 | Jul 15, 2019 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Feb 19, 2019 | Apr 1, 2019 | Apr 15, 2019 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Dec 13, 2018 | Jan 2, 2019 | Jan 15, 2019 | $0.3200 | $0.3200 | Quarterly | +6.67% |
Aug 7, 2018 | Oct 1, 2018 | Oct 15, 2018 | $0.3000 | $0.3000 | Quarterly | 0.00% |
May 30, 2018 | Jul 2, 2018 | Jul 16, 2018 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Feb 13, 2018 | Apr 2, 2018 | Apr 16, 2018 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Dec 14, 2017 | Jan 2, 2018 | Jan 16, 2018 | $0.3000 | $0.3000 | Quarterly | +11.11% |
Jul 25, 2017 | Oct 2, 2017 | Oct 16, 2017 | $0.2700 | $0.2700 | Quarterly | 0.00% |
Jun 1, 2017 | Jul 3, 2017 | Jul 17, 2017 | $0.2700 | $0.2700 | Quarterly | 0.00% |
Feb 14, 2017 | Apr 3, 2017 | Apr 17, 2017 | $0.2700 | $0.2700 | Quarterly | 0.00% |
Dec 15, 2016 | Jan 3, 2017 | Jan 17, 2017 | $0.2700 | $0.2700 | Quarterly | +28.57% |
Aug 2, 2016 | Oct 3, 2016 | Oct 17, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jun 1, 2016 | Jul 1, 2016 | Jul 15, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 16, 2016 | Apr 1, 2016 | Apr 15, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Dec 10, 2015 | Jan 4, 2016 | Jan 15, 2016 | $0.2100 | $0.2100 | Quarterly | +31.25% |
Aug 4, 2015 | Oct 1, 2015 | Oct 15, 2015 | $0.1600 | $0.1600 | Quarterly | 0.00% |
May 27, 2015 | Jul 1, 2015 | Jul 15, 2015 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Feb 24, 2015 | Apr 1, 2015 | Apr 15, 2015 | $0.1600 | $0.1600 | Quarterly | 0.00% |
Dec 16, 2014 | Jan 2, 2015 | Jan 15, 2015 | $0.1600 | $0.1600 | Quarterly | +23.08% |
Aug 5, 2014 | Oct 1, 2014 | Oct 15, 2014 | $0.1300 | $0.1300 | Quarterly | 0.00% |
May 28, 2014 | Jul 1, 2014 | Jul 15, 2014 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Feb 25, 2014 | Apr 1, 2014 | Apr 15, 2014 | $0.1300 | $0.1300 | Quarterly | - |
CubeSmart Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Related Guides
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Research Paths
Snapshot
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Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.