CubeSmart Declares Second Quarter 2021 Dividend
CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CubeSmart (NYSE: CUBE), a leading self-storage REIT, has declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021. This dividend will be paid on July 15, 2021 to shareholders of record as of July 1, 2021. CubeSmart manages or owns 1,262 self-storage properties across the U.S., ranking among the top three operators in the sector.
Positive
- Declared quarterly dividend of $0.34 per share, enhancing shareholder income.
- Strengthened position in self-storage market with 1,262 properties.
Negative
- None.
Details
News Market Reaction – CUBE
The recorded move for CUBE in the trading session of this news was -1.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MALVERN, Pa., May 12, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, 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 1,262 self-storage properties across the United States. According to the 2020 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.