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 (NYSE: NSA) is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties. This news page aggregates NSA-related announcements, giving readers a centralized view of the company’s public communications and financial updates.
Visitors can review quarterly earnings releases, where National Storage Affiliates Trust reports net income, funds from operations (FFO), core funds from operations (Core FFO), net operating income (NOI) and same store operating results. These releases often include commentary from management on occupancy trends, rental rate dynamics, operating expenses and updated guidance ranges for Core FFO and same store performance.
The news feed also covers dividend declarations on NSA’s common shares and its 6.000% Series A and Series B Cumulative Redeemable Preferred Shares, including details on declared amounts, record dates and payment dates. Investors who follow NSA for income can use these announcements to track the company’s dividend practices over time.
In addition, NSA’s news includes investment and capital allocation updates, such as acquisitions and dispositions of self storage properties, joint venture activity with institutional and regional partners, and preferred equity investments in ventures targeting value-add self storage opportunities. These items highlight how the company deploys capital across wholly owned properties and unconsolidated real estate ventures.
Conference call and webcast notices are also part of NSA’s news flow, providing information about upcoming earnings calls, access details and replay availability. For investors, analysts and others researching NSA, this page offers an organized view of the company’s financial results, portfolio activity and corporate communications over time.
National Storage Affiliates Trust (NSA) has announced a $0.45 per common share dividend for Q4 2021, payable on December 30, 2021, to shareholders on record by December 15, 2021. This dividend reflects a 28.6% increase from Q4 2020 and a 9.8% increase from the previous quarter. Additionally, a dividend of $0.375 will be issued for the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares. This marks the third dividend increase this year, showcasing the Company’s strong performance and growth.
National Storage Affiliates Trust (NSA) announced an agreement to issue $450 million in senior unsecured notes with varying maturities and interest rates ranging from 2.72% to 3.06%. The weighted average maturity is 11.2 years and the average coupon is 2.88%. Proceeds will be used to repay existing debts related to property acquisitions and for general corporate purposes. The notes will be offered under exemptions from the Securities Act and will not be registered. The funding for the notes is planned for late 2021 and early 2022.
National Storage Affiliates Trust (NSA) reported significant growth in Q3 2021, with net income reaching $40.7 million, a 90.2% increase from Q3 2020. Diluted earnings per share stood at $0.26, up from $0.15. Core funds from operations (Core FFO) increased to $67.5 million or $0.57 per share, a 29.5% rise. Same store net operating income (NOI) grew by 24.3%, driven by an 18.4% increase in revenues. The company expanded its portfolio by acquiring 76 self-storage properties for $599.3 million and executed a successful public offering, raising approximately $497.4 million.
National Storage Affiliates Trust (NSA) will release its financial results for Q3 2021 on November 2, 2021, after market close. A conference call is scheduled for November 3, 2021, at 1:00 p.m. ET to discuss these results and current market conditions. NSA operates self-storage properties in 36 states and Puerto Rico, covering approximately 55.2 million rentable square feet. The company is among the largest in the self-storage sector and is included in notable indices like the MSCI US REIT Index and the S&P MidCap 400 Index.
National Storage Affiliates Trust (NSA) announced a regular cash dividend for Q3 2021. Shareholders will receive a dividend of $0.41 per common share, marking a 7.9% increase from the previous quarter and a 20.6% increase from Q3 2020. The record date for this dividend is September 15, 2021, with payments made on September 30, 2021. Additionally, a dividend of $0.375 will be paid on Series A Cumulative Redeemable Preferred Shares.
National Storage Affiliates Trust (NSA) reported strong second quarter results for 2021, boasting a 100.6% increase in net income to $35.7 million compared to 2020. Diluted EPS rose to $0.25, up 150% year-on-year. Core FFO was $59.7 million, or $0.55 per share, an increase of 34.1%. Same store NOI grew 21.5%, driven by a 16.3% rise in total revenues. The company acquired 20 properties for $269.4 million and executed a successful public offering, raising approximately $497.4 million. NSA raised its 2021 guidance for Core FFO growth to 24.3%.
National Storage Affiliates Trust (NYSE: NSA) announced the closing of a public offering of 10,120,000 common shares at $51.25 each, raising approximately $497.4 million in net proceeds. The offering included 1,320,000 shares from underwriters' options. The funds will be used to repay debt on its revolving credit line and for general corporate purposes, including future acquisitions of self-storage properties. Morgan Stanley, Citigroup, and BofA Securities were the lead managers for the offering.
National Storage Affiliates Trust (NSA) has priced its public offering, increasing the number of common shares from 8 million to 8.8 million at $51.25 each, totaling $451 million in gross proceeds. The offering includes a 30-day underwriter option for an additional 1.32 million shares. Closing is expected by July 23, 2021. Funds will be used to repay revolving credit lines and for future self-storage property acquisitions. Morgan Stanley, Citigroup, and BofA Securities are leading the offering.
National Storage Affiliates Trust (NSA) announced a public offering of 8 million common shares, with an option for underwriters to purchase an additional 1.2 million shares. The net proceeds will fund property acquisitions and general corporate purposes. NSA may also use the funds for working capital and repaying borrowings under its revolving line of credit. Morgan Stanley, Citigroup, and BofA Securities will manage the offering, which is part of an effective shelf registration statement with the SEC.
National Storage Affiliates Trust (NSA) announced it will release financial results for the quarter ending June 30, 2021, after market close on August 3, 2021. A conference call to discuss these results, market conditions, and outlook will be held on August 4, 2021, at 1:00 p.m. ET. Interested parties can access the call via a webcast linked on the company's website. NSA operates 844 self-storage properties across 36 states and Puerto Rico, making it one of the largest companies in the self-storage sector.