SmartStop Self Storage REIT Dividends and Buybacks
Dividend criteria checks 3/6
SmartStop Self Storage REIT is a dividend paying company with a current yield of 4.61%. Next payment date is on 14th August, 2026 with an ex-dividend date of 31st July, 2026.
Key information
4.6%
Dividend yield
-48.3%
Buyback Yield
| Total Shareholder Yield | -43.7% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | n/a |
| Next dividend pay date | 14 Aug 26 |
| Ex dividend date | 31 Jul 26 |
| Dividend per share | n/a |
| Payout ratio | 104% |
Recent dividend and buyback updates
Recent updates
SmartStop: Not The Biggest Storage REIT, But A Dividend Idea With Growth Tailwind
Summary SmartStop Self Storage gets its prior buy rating reaffirmed, with catalysts being portfolio growth, dividend safety, and favorable balance sheet risk. FFO trends show a nice recovery pattern since 2025, as occupancy remains above 90%. Morningstar rated this stock favorably in 2025. The risk of exposure to consumer spending economics has also been covered. Read the full article on Seeking Alpha
SMA: Dividend Stream And Updated Assumptions Will Shape Future Returns
Analysts have trimmed their price target for SmartStop Self Storage REIT to $36.10 from $39.18, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E. What’s in the News for SmartStop Self Storage REIT On May 29, 2026, SmartStop Self Storage REIT’s board declared a monthly dividend of $0.13150685 per share for June 2026, with a targeted annualized dividend of $1.60 per share, a record date on the last business day of June 2026, and payment on July 15, 2026.Newly Listed SmartStop Self Storage Worth A Look, But Maybe Hold Off Buying
Summary The stock went public on the NYSE earlier in April, seeing an immediate jump, and then leveled off. The current dividend is $1.60 annualized, paid monthly during a 6-month lockup, potentially shifting to quarterly. Anticipated quarterly dividend is $.40, yielding 4.85%, which is decent but not outstanding. Suitable for yield-focused investors; capital gains may be challenging due to IPO spike and lock-up period ending. Read the full article on Seeking AlphaUpcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SMA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SMA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| SmartStop Self Storage REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMA) | 4.6% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.1% |
| Industry Average (Specialized REITs) | 3.8% |
| Analyst forecast (SMA) (up to 3 years) | 4.7% |
Notable Dividend: SMA's dividend (4.61%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SMA's dividend (4.61%) is in the top 25% of dividend payers in the US market (4.05%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.6%), SMA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.8%), SMA's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/26 02:07 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SmartStop Self Storage REIT, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Juan Sanabria | BMO Capital Markets Equity Research |
| null null | BMO Capital Markets Equity Research |