CubeSmart Dividend
Dividend criteria checks 6/6
CubeSmart is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
73%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.81 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
CubeSmart: 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 01CubeSmart: Shares Look Fairly Valued
Aug 26With EPS Growth And More, CubeSmart (NYSE:CUBE) Is Interesting
Aug 11CubeSmart: A Quality Firm At A Fair Price
Jun 08CubeSmart's (NYSE:CUBE) CEO Compensation Looks Acceptable To Us And Here's Why
May 05Can You Imagine How CubeSmart's (NYSE:CUBE) Shareholders Feel About The 35% Share Price Increase?
Mar 14Stability 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) | 5.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Specialized REITs) | 4.4% |
| Analyst forecast in 3 Years (CUBE) | 5.4% |
Notable Dividend: CUBE's dividend (5%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CUBE's dividend (5%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.8%), CUBE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.9%), CUBE's dividend payments are covered by cash flows.