Dividends of CubeSmart (id:8870 CUBE)
Comperitors' Dividend Yield
| Company | Market Cap USD | Dividend yield | Payout ratio | CAGR 3 years | CAGR 5 years | ||
|---|---|---|---|---|---|---|---|
|
Prologis |  |
107.25B | 3.32 % | 113.29 % | 4.00 % | 6.33 % |
|
Public Storage | |
59.11B | 3.55 % | 124.48 % | 14.47 % | 8.45 % |
|
Extra Space Storage | |
37.09B | 3.85 % | 172.80 % | 21.64 % | 14.04 % |
|
CubeSmart | |
11.12B | 4.17 % | 114.61 % | 14.18 % | 10.17 % |
|
Rexford Industrial Realty | |
9.70B | 3.97 % | 132.72 % | 20.91 % | 18.89 % |
|
EastGroup Properties | |
8.38B | 3.23 % | 107.42 % | 6.97 % | 6.75 % |
|
First Industrial Realty Trust | |
7.31B | 2.71 % | 61.64 % | 8.58 % | 8.03 % |
|
STAG Industrial | |
6.76B | 1.33 % | 149.24 % | -2.19 % | -1.04 % |
|
Americold Realty Trust | |
6.59B | 3.77 % | 763.64 % | -7.72 % | -1.23 % |
|
National Storage Affiliates Trust | |
6.34B | 4.89 % | 128.74 % | 18.21 % | 13.96 % |
Boxes
Dividend Yield
4.17 %
Payout Ratio
114.61 %
Compound average growth rate 3 years
14.18 %
Dividend Increase Track Record
13 Years
Latest Dividend
October 15th, 2024
Ex-Dividend Date
October 01th, 2024
Payout frequency
Quarterly
Dividend Yield vs Market (countryid: 6, industryId: 120, sectorId: 41 )
Payout Ratio vs Market
Dividend Yield Range
Yield on cost
Dividend payout history
Dividend yield history
Dividend history
| Year | Amount | Type | Date |
|---|---|---|---|
| 2024 | 0.510 | Regular | 10-01-2024 |
| 0.510 | Regular | 07-01-2024 | |
| 0.510 | Regular | 03-28-2024 | |
| 2023 | 0.510 | Regular | 12-29-2023 |
| 0.490 | Regular | 09-29-2023 | |
| 0.490 | Regular | 06-30-2023 | |
| 0.490 | Regular | 03-31-2023 | |
| 2022 | 0.490 | Regular | 12-30-2022 |
| 0.430 | Regular | 09-30-2022 | |
| 0.430 | Regular | 06-30-2022 | |
| 0.430 | Regular | 03-31-2022 | |
| 2021 | 0.430 | Regular | 12-31-2021 |
| 0.340 | Regular | 09-30-2021 | |
| 0.340 | Regular | 06-30-2021 | |
| 0.340 | Regular | 03-31-2021 | |
| 2020 | 0.340 | Regular | 12-31-2020 |
| 0.330 | Regular | 09-30-2020 | |
| 0.330 | Regular | 06-30-2020 | |
| 0.330 | Regular | 03-31-2020 | |
| 2019 | 0.330 | Regular | 12-31-2019 |
| 0.320 | Regular | 09-30-2019 | |
| 0.320 | Regular | 06-28-2019 | |
| 0.320 | Regular | 03-29-2019 | |
| 2018 | 0.320 | Regular | 12-31-2018 |
| 0.300 | Regular | 09-28-2018 | |
| 0.300 | Regular | 06-29-2018 | |
| 0.300 | Regular | 03-29-2018 | |
| 2017 | 0.300 | Regular | 12-29-2017 |
| 0.270 | Regular | 09-29-2017 | |
| 0.270 | Regular | 06-29-2017 | |
| 0.270 | Regular | 03-30-2017 | |
| 2016 | 0.270 | Regular | 12-29-2016 |
| 0.210 | Regular | 09-29-2016 | |
| 0.210 | Regular | 06-29-2016 | |
| 0.210 | Regular | 03-30-2016 | |
| 2015 | 0.210 | Regular | 12-30-2015 |
| 0.160 | Regular | 09-29-2015 | |
| 0.160 | Regular | 06-29-2015 | |
| 0.160 | Regular | 03-30-2015 | |
| 2014 | 0.160 | Regular | 12-30-2014 |
| 0.130 | Regular | 09-29-2014 | |
| 0.130 | Regular | 06-27-2014 | |
| 0.130 | Regular | 03-28-2014 | |
| 2013 | 0.130 | Regular | 12-30-2013 |
| 0.110 | Regular | 09-27-2013 | |
| 0.110 | Regular | 06-27-2013 | |
| 0.110 | Regular | 03-27-2013 | |
| 2012 | 0.110 | Special | 12-28-2012 |
| 0.080 | Regular | 09-27-2012 | |
| 0.080 | Regular | 06-28-2012 | |
| 0.080 | Regular | 04-03-2012 | |
| 0.080 | Regular | 01-03-2012 | |
| 2011 | 0.070 | Regular | 10-05-2011 |
| 0.070 | Regular | 07-05-2011 | |
| 0.070 | Regular | 04-05-2011 | |
| 0.070 | Regular | 01-05-2011 | |
| 2010 | 0.025 | Regular | 10-05-2010 |
| 0.025 | Regular | 07-02-2010 | |
| 0.025 | Regular | 04-05-2010 | |
| 0.025 | Regular | 01-05-2010 | |
| 2009 | 0.025 | Regular | 10-05-2009 |
| 0.025 | Regular | 07-02-2009 | |
| 0.025 | Regular | 04-03-2009 | |
| 0.025 | Regular | 01-05-2009 | |
| 2008 | 0.180 | Regular | 10-03-2008 |
| 0.180 | Regular | 07-02-2008 | |
| 0.180 | Regular | 04-03-2008 | |
| 0.180 | Regular | 01-03-2008 | |
| 2007 | 0.290 | Regular | 10-04-2007 |
| 0.290 | Regular | 07-05-2007 | |
| 0.290 | Regular | 04-04-2007 | |
| 0.290 | Regular | 01-04-2007 | |
| 2006 | 0.290 | Regular | 10-05-2006 |
| 0.290 | Regular | 07-06-2006 | |
| 0.290 | Regular | 04-06-2006 | |
| 0.290 | Regular | 01-05-2006 | |
| 2005 | 0.280 | Regular | 10-05-2005 |
| 0.280 | Regular | 07-07-2005 | |
| 0.280 | Regular | 04-07-2005 | |
| 0.201 | Regular | 01-06-2005 |
DividendIncreaseOrDecrease
Dividend table
| Chowder Number | 14.34 % (Bad, because Chowder number is smaller than 15%) |
| Compound Average Growth Rate for last 3 years cal | 14.18 % |
| Compound Average Growth Rate for last 3 years | 14.18 % |
| Compound Average Growth Rate for last 5 years | 10.17 % |
| Compound Average Growth Rate for last 10 years | 15.72 % |
| Dividend growth | 13 years |
| Dividend growth average for all REIT Industrial stocks | 3.55 years (29 stocks) |
| Dividend growth average for United States REIT Industrial stocks | 3.38 years (16 stocks) |
| forward_annual_dividend_rate | 2.04 USD |
| forward_annual_dividend_yield | 4.17 % |
| forward_annual_dividend_yield average for all REIT Industrial stocks | 5.63 % (29 stocks) |
| forward_annual_dividend_yield average for United States REIT Industrial stocks | 3.67 % (16 stocks) |
| trailing_annual_dividend_rate | 2.04 USD |
| trailing_annual_dividend_yield | 4.20 % |
| trailing_annual_dividend_yield average for all REIT Industrial stocks | 0.031 % (29 stocks) |
| trailing_annual_dividend_yield average for United States REIT Industrial stocks | 0.042 % (16 stocks) |
| 5_year_average_dividend_yield | 3.94 % |
| 5_year_average_dividend_yield average for all REIT Industrial stocks | 4.02 % (29 stocks) |
| 5_year_average_dividend_yield average for United States REIT Industrial stocks | 3.62 % (16 stocks) |
| payout_ratio | 114.61 % |
| payout_ratio average for all REIT Industrial stocks | 366.08 % (29 stocks) |
| payout_ratio average for United States REIT Industrial stocks | 531.56 % (16 stocks) |
| dividend_date | 10-15-2024 |
| ex_dividend_date | 10-01-2024 |
Self funded chart
Years before free
| Years before free | 0 |
| Year free | 2024 |
Self funded table
| Year number | Year | Sum |
|---|---|---|
| 1 | 2025 | 2.04 |
| 2 | 2026 | 4.29 |
| 3 | 2027 | 6.76 |
| 4 | 2028 | 9.49 |
| 5 | 2029 | 12.50 |
| 6 | 2030 | 15.81 |
| 7 | 2031 | 19.45 |
| 8 | 2032 | 23.47 |
| 9 | 2033 | 27.90 |
| 10 | 2034 | 32.78 |
| 11 | 2035 | 38.15 |
| 12 | 2036 | 44.07 |
| 13 | 2037 | 50.59 |
DividentYearsScore: 100
Dividened Top table
| Safestore Holdings PLC | 14 |
| CubeSmart | 13 |
| Terreno Realty Corp | 12 |
| AVG | 13 |
Dividened Bottom table
| Big Yellow Group PLC | 1 |
| Public Storage | 1 |
| Granite Real Estate Investment Trust | 2 |
| AVG | 1.33333333333333 |
Monthly Dividends
The table displays the monthly dividend distributions for CubeSmart. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| January | February | March | April | May | June | July | August | September | October | November | December | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2014 |
0.00 USD
|
0.00 USD
|
0.13 USD
|
0.00 USD
|
0.00 USD
|
0.13 USD
|
0.00 USD
|
0.00 USD
|
0.13 USD
|
0.00 USD
|
0.00 USD
|
0.16 USD
|
0.55 USD |
2015 |
0.00 USD
|
0.00 USD
|
0.16 USD
|
0.00 USD
|
0.00 USD
|
0.16 USD
|
0.00 USD
|
0.00 USD
|
0.16 USD
|
0.00 USD
|
0.00 USD
|
0.21 USD
|
0.69 USD |
2016 |
0.00 USD
|
0.00 USD
|
0.21 USD
|
0.00 USD
|
0.00 USD
|
0.21 USD
|
0.00 USD
|
0.00 USD
|
0.21 USD
|
0.00 USD
|
0.00 USD
|
0.27 USD
|
0.90 USD |
2017 |
0.00 USD
|
0.00 USD
|
0.27 USD
|
0.00 USD
|
0.00 USD
|
0.27 USD
|
0.00 USD
|
0.00 USD
|
0.27 USD
|
0.00 USD
|
0.00 USD
|
0.30 USD
|
1.11 USD |
2018 |
0.00 USD
|
0.00 USD
|
0.30 USD
|
0.00 USD
|
0.00 USD
|
0.30 USD
|
0.00 USD
|
0.00 USD
|
0.30 USD
|
0.00 USD
|
0.00 USD
|
0.32 USD
|
1.22 USD |
2019 |
0.00 USD
|
0.00 USD
|
0.32 USD
|
0.00 USD
|
0.00 USD
|
0.32 USD
|
0.00 USD
|
0.00 USD
|
0.32 USD
|
0.00 USD
|
0.00 USD
|
0.33 USD
|
1.29 USD |
2020 |
0.00 USD
|
0.00 USD
|
0.33 USD
|
0.00 USD
|
0.00 USD
|
0.33 USD
|
0.00 USD
|
0.00 USD
|
0.33 USD
|
0.00 USD
|
0.00 USD
|
0.34 USD
|
1.33 USD |
2021 |
0.00 USD
|
0.00 USD
|
0.34 USD
|
0.00 USD
|
0.00 USD
|
0.34 USD
|
0.00 USD
|
0.00 USD
|
0.34 USD
|
0.00 USD
|
0.00 USD
|
0.43 USD
|
1.45 USD |
2022 |
0.00 USD
|
0.00 USD
|
0.43 USD
|
0.00 USD
|
0.00 USD
|
0.43 USD
|
0.00 USD
|
0.00 USD
|
0.43 USD
|
0.00 USD
|
0.00 USD
|
0.49 USD
|
1.78 USD |
2023 |
0.00 USD
|
0.00 USD
|
0.49 USD
|
0.00 USD
|
0.00 USD
|
0.49 USD
|
0.00 USD
|
0.00 USD
|
0.49 USD
|
0.00 USD
|
0.00 USD
|
0.51 USD
|
1.98 USD |
FAQ
Yes, CubeSmart pays a dividend. The dividend was last paid on the October 15th, 2024.
The last dividend paid by CubeSmart was USD 2.04 per share on October 15th, 2024.
The last dividend paid by CubeSmart was 0.110 USD per share on December 28th, 2012.
CubeSmart next scheduled ex-dividend date is October 01th, 2024.
CubeSmart has been paying dividends for the past 2 years.
Yes, CubeSmart has a history of special dividend payouts, with the last special dividend issued on December 28th, 2012.
The payout ratio of CubeSmart is 114.61%, meaning that 114.61% of the profits are paid out as dividends.
CubeSmart dividend payout ratio of 114.61% is below the industry average of 366.08%.