Welcome to our dedicated page for National Storage Affiliates Tr news (Ticker: NSA), a resource for investors and traders seeking the latest updates and insights on National Storage Affiliates Tr stock.
National Storage Affiliates Trust reports developments as a self-storage real estate investment trust focused on owning, operating and acquiring properties in U.S. metropolitan markets. Company news commonly covers quarterly results, funds from operations, Core FFO, same-store operating data, portfolio activity and supplemental operating metrics for its self-storage platform.
Recurring updates also address debt and equity capitalization, material agreements, shareholder voting matters and governance disclosures. NSA’s operating context includes consolidated properties and unconsolidated real estate ventures managed under self-storage brands such as iStorage, SecurCare, RightSpace, Northwest and Move It.
National Storage Affiliates Trust (NSA) reported strong financial results for Q4 and full year 2020. Q4 net income rose to $24.5 million, a 30.2% increase from 2019, with diluted EPS at $0.18. For the year, net income reached $79.5 million, up 20.4%, with Core FFO of $169.3 million. Same store NOI grew 6.1% in Q4, driven by a 4.8% revenue increase. The company acquired 33 properties for $260.5 million in Q4 2020, enhancing its portfolio substantially. NSA's board increased the quarterly dividend to $0.35, reflecting confidence in its ongoing performance.
National Storage Affiliates Trust (NSA) has announced the tax treatment of its 2020 distributions for common and preferred shareholders. For common shares, total distributions reached $1.35 per share, with ordinary dividends of $0.991288 and non-dividend distributions of $0.358712. For preferred shares, distributions totaled $1.50 per share, consisting entirely of ordinary dividends. NSA advises shareholders to consult tax advisors regarding tax implications. The company, a major player in self-storage, operates 788 properties across 35 states and Puerto Rico.
National Storage Affiliates Trust (NSA) will release its financial results for Q4 2020 on February 22, 2021, post-market. A conference call is scheduled for February 23, 2021, at 12:00 p.m. ET, where management will discuss financial outcomes, market conditions, and future projections. Participants can join via webcast on the Company's website. NSA, a significant player in the self-storage REIT sector, operates 788 properties across the U.S. and Puerto Rico, totaling approximately 49.5 million rentable square feet as of September 2020.
National Storage Affiliates Trust (NYSE: NSA) has entered into definitive agreements to add Blue Sky Self Storage as a Participating Regional Operator (PRO). Blue Sky manages over 150 self-storage facilities in the western and southern U.S., with an initial portfolio of seven properties expected to be acquired by NSA by Q1 2021. This partnership restores NSA's active PROs to ten and enhances its acquisition pipeline significantly. Blue Sky is led by industry veterans with extensive experience in self-storage acquisition and management.
National Storage Affiliates Trust (NSA) announced a quarterly cash dividend of $0.35 per common share, marking a 6.1% increase from Q4 2019, and an annualized rate of $1.40. The preferred shares will receive $0.375 each as well. CEO Tamara Fischer expressed satisfaction regarding the dividend hike, attributing it to the resilient self-storage market and the company’s unique PRO structure. The dividends are payable on December 31, 2020, to shareholders recorded by December 15, 2020.
National Storage Affiliates Trust (NSA) announced it will release its financial results for the third quarter ended September 30, 2020, after market close on November 5, 2020. A conference call to discuss the results and future outlook will take place on November 6, 2020, at 1:00 p.m. ET. The call will be accessible via webcast for all participants, with supplementary materials to be available on the company’s investor relations page ahead of the call. NSA, a leading self-storage real estate investment trust, operates 784 properties across 35 states and Puerto Rico.