CubeSmart Dividends and Buybacks
Dividend criteria checks 5/6
CubeSmart is a dividend paying company with a current yield of 4.09% that is well covered by earnings.
Key information
4.1%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.040 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
CubeSmart: One Of The Most Boring Business Models Delivers The Most Consistent Returns
Jul 22CubeSmart: Rising Costs And Declining Occupancy Are A Drain On FFO
May 02CubeSmart: Why Its Best Days Could Be Over
Mar 09CubeSmart: A Wise Dividend Buy With Promising Potential
Feb 19CubeSmart: Strong Dividend Growth & Trading At A Discount
Dec 06CubeSmart: Fairly Valued With Potential Growth
Oct 02CubeSmart's 5% Yield Is A Good Buy On Weakness
Sep 06CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive
Jul 13CubeSmart declares $0.49 dividend
Feb 22CubeSmart Vs. Life Storage: Why LSI Is A Better Buy In 2023
Feb 01CubeSmart ticks lower amid Hedgeye short idea
Jan 10CubeSmart: The Newest Addition To My Roth IRA
Dec 14CubeSmart raises quarterly dividend by 14% to $0.49 /share
Dec 07CubeSmart: Dividend Increases May Be In Store For This Fast Grower
Sep 25CubeSmart declares $0.43 dividend
Jul 26Here's Why We Think CubeSmart (NYSE:CUBE) Is Well Worth Watching
Jul 22
CubeSmart: Potentially Overvalued Amidst Sector Hype
Jul 18CubeSmart: A Smart Pick With Pricing Power
May 19Is Now The Time To Put CubeSmart (NYSE:CUBE) On Your Watchlist?
Apr 08CubeSmart: A High Yield Opportunity You'll Like
Mar 21CubeSmart: One Of The Best Income Growth Ideas Out There
Jan 08Should You Be Adding CubeSmart (NYSE:CUBE) To Your Watchlist Today?
Jan 02CubeSmart: A Smart Play For Both Growth And Dividend
Dec 14Growth Investors: Industry Analysts Just Upgraded Their CubeSmart (NYSE:CUBE) Revenue Forecasts By 10%
Dec 07CubeSmart Is A Terrific REIT
Oct 01Stability 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) | 4.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Specialized REITs) | 3.6% |
| Analyst forecast (CUBE) (up to 3 years) | 4.4% |
Notable Dividend: CUBE's dividend (4.09%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CUBE's dividend (4.09%) is low compared to the top 25% of dividend payers in the US market (4.21%).
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.