STOCK TITAN

CubeSmart Declares Third Quarter 2024 Dividend

CubeSmart (NYSE: CUBE), a leading self-storage real estate investment trust, has announced a quarterly dividend of $0.51 per common share for the period ending September 30, 2024.

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.

Tags
dividends earnings

Rhea-AI Summary

CubeSmart (NYSE: CUBE), a leading self-storage real estate investment trust, has announced a quarterly dividend of $0.51 per common share for the period ending September 30, 2024. The dividend will be payable on October 15, 2024, to shareholders of record as of October 1, 2024.

CubeSmart is one of the top three owners and operators of self-storage properties in the U.S., managing 1,497 self-storage facilities nationwide. The company's mission focuses on simplifying organizational and logistical challenges for its customers through innovative solutions and exceptional service.

Loading...
Loading translation...

Positive

  • Declared quarterly dividend of $0.51 per common share
  • Ranks among top three owners and operators of self-storage properties in the U.S.
  • Manages a substantial portfolio of 1,497 self-storage properties

Negative

  • None.
Argus Session date unavailable
-2.91% session move Open Argus
Details

News Market Reaction – CUBE

The recorded move for CUBE in the trading session of this news was -2.91%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

MALVERN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024.  

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,497 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is CubeSmart's dividend amount for Q3 2024?

CubeSmart (CUBE) declared a quarterly dividend of $0.51 per common share for the period ending September 30, 2024.

When is CubeSmart's Q3 2024 dividend payable?

CubeSmart's Q3 2024 dividend is payable on October 15, 2024, to common shareholders of record on October 1, 2024.

How many self-storage properties does CubeSmart own or manage?

CubeSmart owns or manages 1,497 self-storage properties across the United States.

What is CubeSmart's ranking in the U.S. self-storage industry?

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.

Keep reading