CubeSmart Declares Second Quarter 2025 Dividend
Rhea-AI Summary
CubeSmart (NYSE: CUBE) has announced a quarterly dividend of $0.52 per common share for the period ending June 30, 2025. The dividend will be paid on July 15, 2025 to shareholders of record as of July 1, 2025.
CubeSmart is a self-administered and self-managed real estate investment trust (REIT) that owns or manages 1,537 self-storage properties across the United States. According to the 2025 Self Storage Almanac, the company ranks among the top three owners and operators of self-storage properties in the U.S., offering affordable, accessible, and largely climate-controlled storage solutions for both residential and commercial customers.
Positive
- Consistent dividend payment indicates financial stability
- Strong market position as top 3 self-storage operator in the US
- Large portfolio of 1,537 properties demonstrates significant market presence
Negative
- None.
News Market Reaction
On the day this news was published, CUBE declined 4.26%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MALVERN, Pa., May 20, 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 1,537 self-storage properties across the United States. According to the 2025 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