CubeSmart Declares First Quarter 2025 Dividend
Rhea-AI Summary
CubeSmart (NYSE: CUBE) has announced its first quarter 2025 dividend declaration. The Board of Trustees has declared a quarterly dividend of $0.52 per common share for the period ending March 31, 2025. The dividend will be paid on April 15, 2025 to shareholders of record as of April 1, 2025.
The company, a self-administered and self-managed real estate investment trust, currently owns or manages 1,533 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties in the U.S.
Positive
- Maintains consistent dividend payment
- Ranks among top 3 self-storage operators in US
- Large portfolio of 1,533 properties
Negative
- None.
News Market Reaction
On the day this news was published, CUBE declined 2.13%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MALVERN, Pa., Feb. 25, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,533 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.
The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.
For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
CubeSmart
Josh Schutzer
Vice President, Finance
610-535-5700
FAQ
What is CubeSmart's Q1 2025 dividend amount and when will it be paid?
How many self-storage properties does CubeSmart (CUBE) currently operate?
What is CubeSmart's (CUBE) market position in the US self-storage industry?
When is the record date for CubeSmart's (CUBE) Q1 2025 dividend?
