CubeSmart Dividends and Buybacks
Dividend criteria checks 5/6
CubeSmart is a dividend paying company with a current yield of 4.2% that is well covered by earnings.
Key information
4.2%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$2.040 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CUBE *'s dividends per share have been stable in the past 10 years.
Growing Dividend: CUBE *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CubeSmart Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CUBE *) | 4.2% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Specialized REITs) | 3.6% |
| Analyst forecast (CUBE *) (up to 3 years) | 4.5% |
Notable Dividend: CUBE *'s dividend (4.2%) is higher than the bottom 25% of dividend payers in the MX market (2.58%).
High Dividend: CUBE *'s dividend (4.2%) is low compared to the top 25% of dividend payers in the MX market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.9%), CUBE *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.2%), CUBE *'s dividend payments are covered by cash flows.