CubeSmart Declares Third Quarter 2024 Dividend

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.

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.

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

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.