Tillkännagivande • May 21
CubeSmart announces Quarterly dividend, payable on July 15, 2026 CubeSmart announced Quarterly dividend of USD 0.5300 per share payable on July 15, 2026, ex-date on July 01, 2026 and record date on July 01, 2026. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Director Jit Chin was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 06
CubeSmart, Annual General Meeting, May 19, 2026 CubeSmart, Annual General Meeting, May 19, 2026. Location: one n.19th street, philadelphia, pa 19103, United States Tillkännagivande • Apr 02
CubeSmart to Report Q1, 2026 Results on Apr 30, 2026 CubeSmart announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Tillkännagivande • Feb 27
CubeSmart Provides Earnings Guidance for the First Quarter and Full Year of 2026 CubeSmart provided earnings guidance for the first quarter and full year of 2026. For the first quarter of 2026, the company expects diluted earnings per share attributable to common shareholders of $0.35 to $0.37.
The company estimates that its fully diluted earnings per share for 2026 will be between $1.55 and $1.63. Same-store revenue growth for 2026 expected to be negative 0.25% to positive 1.25%. Same-store NOI growth for 2026 expected to be negative 1.75% to positive 0.25%. Tillkännagivande • Feb 25
CubeSmart Declares Quarterly Dividend for the Period Ending March 31, 2026, Payable on April 15, 2026 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.53 per common share for the period ending March 31, 2026. The dividend is payable on April 15, 2026 to common shareholders of record on April 1, 2026. Tillkännagivande • Feb 04
CubeSmart (NYSE:CUBE) and CBRE Investment Management acquired Self-storage Location in Phoenix, Arizona. CubeSmart (NYSE:CUBE) and CBRE Investment Management acquired Self-storage Location in Phoenix, Arizona on February 3, 2026.
CubeSmart (NYSE:CUBE) and CBRE Investment Management completed the acquisition of Self-storage Location in Phoenix, Arizona on February 3, 2026. Tillkännagivande • Jan 24
CubeSmart to Report Q4, 2025 Results on Feb 26, 2026 CubeSmart announced that they will report Q4, 2025 results After-Market on Feb 26, 2026 Tillkännagivande • Dec 15
CubeSmart Declares Quarterly Dividend for the Period Ending December 31, 2025, Payable on January 16, 2026 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.53 per common share for the period ending December 31, 2025. The dividend is payable on January 16, 2026 to common shareholders of record on January 2, 2026. Tillkännagivande • Oct 03
CubeSmart to Report Q3, 2025 Results on Oct 30, 2025 CubeSmart announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Tillkännagivande • Jul 30
CubeSmart Declares Quarterly Dividend for the Third Quarter Ending September 30, 2025, Payable on October 15, 2025 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending September 30, 2025. The dividend is payable on October 15, 2025 to common shareholders of record on October 1, 2025. Tillkännagivande • Jul 02
CubeSmart to Report Q2, 2025 Results on Jul 31, 2025 CubeSmart announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Tillkännagivande • Jun 30
CubeSmart(NYSE:CUBE) dropped from Russell 1000 Dynamic Index CubeSmart(NYSE:CUBE) dropped from Russell 1000 Dynamic Index Tillkännagivande • May 21
Cubesmart Declares Second Quarter 2025 Dividend, Payable on July 15, 2025 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending June 30, 2025. The dividend is payable on July 15, 2025 to common shareholders of record on July 1, 2025. Tillkännagivande • May 02
CubeSmart Provides Earnings Guidance for the Second Quarter and Full Year 2025 CubeSmart provided earnings guidance for the second quarter and full year 2025. For the quarter, the company expected diluted earnings per share
attributable to common shareholders to be in the range of $0.35 to $0.37.
For the full year 2025, the company expected same store revenue growth to be negative 2% to 0%, unchanged from previous guidance. Diluted earnings per share attributable to common shareholders to be in the range of $1.41 to $1.49. Tillkännagivande • Apr 07
CubeSmart, Annual General Meeting, May 20, 2025 CubeSmart, Annual General Meeting, May 20, 2025. Location: at the offive of cubesmart, 5 old lancaster road, pa 19355, malvern United States Tillkännagivande • Apr 05
CubeSmart to Report Q1, 2025 Results on May 01, 2025 CubeSmart announced that they will report Q1, 2025 results After-Market on May 01, 2025 Tillkännagivande • Mar 04
CubeSmart has filed a Follow-on Equity Offering. CubeSmart has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Tillkännagivande • Feb 28
CubeSmart Provides Earnings Guidance for the First Quarter and Full Year 2025 CubeSmart provided earnings guidance for the first quarter full year 2025. For the quarter, the company expects Diluted earnings per share attributable to common shareholders of $0.35 to $0.37.
For the full year, the company expects Same-store revenue growth of -2.00% to 0.00%, Same-store NOI growth -4.25% to -1.75% and Diluted earnings per share attributable to common shareholders of $1.40 to $1.49. Tillkännagivande • Feb 26
CubeSmart Declares Quarterly Dividend on Common Share for the Period Ending March 31, 2025, Payable on April 15, 2025 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending March 31, 2025. The dividend is payable on April 15, 2025 to common shareholders of record on April 1, 2025. Tillkännagivande • Jan 28
CubeSmart to Report Q4, 2024 Results on Feb 27, 2025 CubeSmart announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 Tillkännagivande • Jan 17
CubeSmart Announces Executive Changes CubeSmart announced that Joel Keaton, Chief Operating Officer, will retire effective April 30, 2025. In connection with Mr. Keaton’s planned retirement, the Company is promoting proven leaders to assume his responsibilities. Following his retirement, Mr. Keaton will serve as a consultant to CubeSmart to ensure a smooth transition. In connection with Joel’s retirement, the company announced the following leadership changes: Amy Cross will be promoted to Executive Vice President, Technology, Data Science, and Marketing. Ms. Cross currently serves as Senior Vice President, Information Technology and Revenue Management. She has been with the Company for six years and has led the transformation of CubeSmart’s IT function, as well as the evolution of its data-driven operational platform. Prior to joining CubeSmart, Ms. Cross was Vice President of Digital Technology and Strategy at Aramark. Ms. Cross will report to President and Chief Executive Officer Christopher Marr. Guy Middlebrooks will be promoted to Executive Vice President, Operations. Mr. Middlebrooks currently serves as Senior Vice President, Third Party Management, and he has been instrumental in growing CubeSmart’s managed portfolio over the last decade. During his 19 years with the company, he has also served as a District Manager and Director of Operations. In his new role, he will oversee the Company’s field operations organization in addition to third party management and store transitions. Mr. Middlebrooks will also report to Mr. Marr. Tillkännagivande • Dec 14
CubeSmart Declares Quarterly Dividend for the Period Ending December 31, 2024, Payable on January 16, 2025 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending December 31, 2024. The dividend is payable on January 16, 2025 to common shareholders of record on January 2, 2025. Tillkännagivande • Nov 02
CubeSmart Revises Earnings Guidance for the Full Year 2024 and Provides Earnings Guidance for the Fourth Quarter 2024 CubeSmart revised earnings guidance for the full year 2024 and provided earnings guidance for the fourth quarter 2024. for the full year, the company expects Same-store revenue growth of -0.75% to 0.25% as same as expected previously and Diluted earnings per share attributable to common shareholders of $1.72 to $1.76 against $1.71 to $1.77 expected previously.
for the fourth quarter, the company expects Diluted earnings per share attributable to common shareholders of $0.45 to $0.48. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.46 in 3Q 2023) Third quarter 2024 results: EPS: US$0.45 (down from US$0.46 in 3Q 2023). Revenue: US$270.9m (flat on 3Q 2023). Net income: US$100.8m (down 1.8% from 3Q 2023). Profit margin: 37% (in line with 3Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 02
CubeSmart to Report Q3, 2024 Results on Oct 31, 2024 CubeSmart announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Upcoming Dividend • Sep 24
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 01 October 2024. Payment date: 15 October 2024. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.5%). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.43 in 2Q 2023) Second quarter 2024 results: EPS: US$0.42 (down from US$0.43 in 2Q 2023). Revenue: US$266.2m (up 1.8% from 2Q 2023). Net income: US$94.0m (down 4.0% from 2Q 2023). Profit margin: 35% (down from 37% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 02
CubeSmart Provides Earnings Guidance for the Third Quarter of 2024 and Revises Earnings Guidance for the Full Year of 2024 CubeSmart provided earnings guidance for the third quarter of 2024 and revised earnings guidance for the full year of 2024. for the quarter, the company expects Diluted earnings per share attributable to common shareholders of $0.44 to $0.46.
For the year, the company expects same store revenue growth in the range of negative 0.75% to positive 0.25% as compared to negative 1.25% to positive 1.25% expected previously. Diluted earnings per share attributable to common shareholders of $1.71 to $1.77 against $1.69 to $1.79 expected previously. Declared Dividend • Jul 29
Dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 1st October 2024 Payment date: 15th October 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.8%. Tillkännagivande • Jul 24
CubeSmart Declares Dividend for the Third Quarter Ending September 30, 2024, Payable on October 15, 2024 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending September 30, 2024. The dividend is payable on October 15, 2024 to common shareholders of record on October 1, 2024. Tillkännagivande • Jul 02
CubeSmart to Report Q2, 2024 Results on Aug 01, 2024 CubeSmart announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Declared Dividend • May 27
First quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 1st July 2024 Payment date: 15th July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 3.8%. Tillkännagivande • Apr 27
CubeSmart Provides Earnings Guidance for Second Quarter and Full Year 2024 CubeSmart provided earnings guidance for the second quarter and full year 2024. For the quarter, Company expects Diluted earnings per share attributable to common shareholders of $0.41 to $0.43. For the Full year, Company expects Same-store revenue growth of negative 1.25% to positive 1.25%. Diluted earnings per share attributable to common shareholders of $1.69 to $1.79. Same-store NOI growth of negative 4.00% to 0.00%. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$0.42 (vs US$0.43 in 1Q 2023) First quarter 2024 results: EPS: US$0.42 (down from US$0.43 in 1Q 2023). Revenue: US$261.4m (up 1.6% from 1Q 2023). Net income: US$94.5m (down 3.1% from 1Q 2023). Profit margin: 36% (down from 38% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 06
CubeSmart, Annual General Meeting, May 21, 2024 CubeSmart, Annual General Meeting, May 21, 2024, at 08:00 US Eastern Standard Time. Location: 5 Old Lancaster Road Malvern Pennsylvania United States Agenda: To elect as Trustees the nine individuals named in this proxy statement to serve until 2025 annual meeting of shareholders and until their successors are duly elected and qualified; to ratify the appointment of KPMG LLP as independent registered public accounting firm for the year ending December 31, 2024; to an advisory vote to approve executive compensation; and to transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting. Tillkännagivande • Apr 03
CubeSmart to Report Q1, 2024 Results on Apr 25, 2024 CubeSmart announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Declared Dividend • Mar 25
Fourth quarter dividend of US$0.51 announced Shareholders will receive a dividend of US$0.51. Ex-date: 28th March 2024 Payment date: 15th April 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.8%. Tillkännagivande • Mar 19
Cubesmart Declares Quarterly Dividend on Common Share for the Period Ending March 31, 2024, Payable on April 15, 2024 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending March 31, 2024. The dividend is payable on April 15, 2024 to common shareholders of record on April 1, 2024. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$1.82 (vs US$1.30 in FY 2022) Full year 2023 results: EPS: US$1.82 (up from US$1.30 in FY 2022). Revenue: US$1.05b (up 3.7% from FY 2022). Net income: US$410.8m (up 41% from FY 2022). Profit margin: 39% (up from 29% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 01
CubeSmart to Report Q4, 2023 Results on Feb 29, 2024 CubeSmart announced that they will report Q4, 2023 results After-Market on Feb 29, 2024 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.51 per share at 4.4% yield Eligible shareholders must have bought the stock before 29 December 2023. Payment date: 16 January 2024. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.0%). Tillkännagivande • Dec 08
CubeSmart Announces Quarterly Dividend, Payable on January 16, 2024 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending December 31, 2023. The dividend is payable on January 16, 2024 to common shareholders of record on January 2, 2024. The quarterly distribution represents an annualized dividend rate of $2.04 per share, an increase of $0.08 per share from the previous annual rate of $1.96 per share. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.50 in 3Q 2022) Third quarter 2023 results: EPS: US$0.46 (down from US$0.50 in 3Q 2022). Revenue: US$267.9m (up 2.1% from 3Q 2022). Net income: US$102.6m (down 9.1% from 3Q 2022). Profit margin: 38% (down from 43% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 13
CubeSmart to Report Q3, 2023 Results on Nov 02, 2023 CubeSmart announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Sep 22
Upcoming dividend of US$0.49 per share at 5.0% yield Eligible shareholders must have bought the stock before 29 September 2023. Payment date: 16 October 2023. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.3%). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.43 (vs US$0.26 in 2Q 2022) Second quarter 2023 results: EPS: US$0.43 (up from US$0.26 in 2Q 2022). Revenue: US$260.8m (up 4.6% from 2Q 2022). Net income: US$97.9m (up 68% from 2Q 2022). Profit margin: 38% (up from 23% in 2Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 26
CubeSmart Declares Third Quarter Dividend for the Period Ending September 30, 2023, Payable on October 16, 2023 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending September 30, 2023. The dividend is payable on October 16, 2023 to common shareholders of record on October 2, 2023. Tillkännagivande • Jul 14
CubeSmart to Report Q2, 2023 Results on Aug 03, 2023 CubeSmart announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Upcoming Dividend • Jun 23
Upcoming dividend of US$0.49 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 June 2023. Payment date: 17 July 2023. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.0%). Tillkännagivande • May 17
CubeSmart Declares Second Quarter 2023 Dividend, Payable on July 17, 2023 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending June 30, 2023. The dividend is payable on July 17, 2023 to common shareholders of record on July 3, 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: FFO per share: US$0.7 (vs US$0.58 in 1Q 2022) First quarter 2023 results: FFO per share: US$0.7 (up from US$0.58 in 1Q 2022). Revenue: US$257.4m (up 7.7% from 1Q 2022). Funds from operations (FFO): US$147.5m (up 20% from 1Q 2022). FFO margin: 57% (up from 51% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Specialized REITs industry. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$1.30 (vs US$1.10 in FY 2021) Full year 2022 results: EPS: US$1.30 (up from US$1.10 in FY 2021). Revenue: US$1.01b (up 22% from FY 2021). Net income: US$291.3m (up 30% from FY 2021). Profit margin: 29% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Tillkännagivande • Feb 01
CubeSmart to Report Q4, 2022 Results on Feb 23, 2023 CubeSmart announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Upcoming Dividend • Dec 23
Upcoming dividend of US$0.49 per share Eligible shareholders must have bought the stock before 30 December 2022. Payment date: 17 January 2023. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.6%). Tillkännagivande • Dec 08
CubeSmart Announces Increase in Quarterly Common Dividend, Payable on January 17, 2023 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending December 31, 2022. The dividend is payable on January 17, 2023 to common shareholders of record on January 3, 2023. The quarterly distribution represents an annualized dividend rate of $1.96 per share, an increase of $0.24 per share from the previous annual rate of $1.72 per share. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.50 (vs US$0.43 in 3Q 2021) Third quarter 2022 results: EPS: US$0.50 (up from US$0.43 in 3Q 2021). Revenue: US$261.4m (up 23% from 3Q 2021). Net income: US$112.9m (up 29% from 3Q 2021). Profit margin: 43% (up from 41% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Tillkännagivande • Oct 27
CubeSmart Appoints Dr. Jit Kee Chin to Serve as Member of the Board On October 25, 2022, the Board of Trustees of the CubeSmart increased the size of the Board to nine members and immediately appointed Dr. Jit Kee Chin to serve as a member of the Board to fill the vacancy created thereby. Dr. Chin was appointed pursuant to the Third Amended and Restated Bylaws of the Company which provide that the Board has the sole authority to fill any vacancy on the Board, including a vacancy created by an increase in the number of Trustees. Dr. Chin has also been appointed to serve on the Audit Committee of the Board. After giving effect to Dr. Chin's appointment, the Audit Committee consists of the following members: John R. Remondi (Chair), Jeffrey Rogatz, John Fain and Jit Kee Chin. Dr. Chin is an Executive Vice President at Suffolk Construction Corporation Inc. She has served as the Chief Data Officer (CDO) since 2017, responsible for building new data analytics capabilities for Suffolk, setting vision and strategy, driving business insight through analytics and operationalizing the data transformation. Additionally, she's served as Chief Innovation Officer (CInO) since 2019, when she co-founded Suffolk Technologies, a venture investment program that identifies, invests in and supports disruptive technologies for the built environment. Dr. Chin also serves as a Managing Partner of Suffolk Technologies Fund 1. She has served on Suffolk's enterprise steering committee from 2018 to 2020, which governs development and implementation of strategic initiatives, and is now a member of Suffolk's Invest Executive Committee and Innovate Executive Committee. From 2008 to 2017, she served in various positions with McKinsey & Company, a global strategy consulting company, including as a Senior Expert in analytics from 2016 to 2017, and as an Associate Principal from 2013 to 2016, where she focused on strategic, commercial and analytics consulting for transport, travel, hospitality and logistics clients. Dr. Chin holds a Doctor of Philosophy degree from the Massachusetts Institute of Technology and a Bachelor of Science degree from the California Institute of Technology. In addition to the CubeSmart Board of Trustees, Dr. Chin also serves on the Board of Directors and Audit Committee of STAG Industrial Inc. Tillkännagivande • Oct 14
CubeSmart to Report Q3, 2022 Results on Oct 27, 2022 CubeSmart announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Sep 23
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 30 September 2022. Payment date: 17 October 2022. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.6%). Tillkännagivande • Aug 06
CubeSmart Provides Earnings Guidance for the Third Quarter and Year of 2022 CubeSmart provided earnings guidance for the third quarter and year of 2022. For the quarter, the company expected fully diluted earnings per share for the year will be between $0.29 and $0.30.For the year, the company expected fully diluted earnings per share for the year will be between $1.05 and $1.09 (previously $0.95 to $1.00). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.26 (vs US$0.24 in 2Q 2021) Second quarter 2022 results: EPS: US$0.26 (up from US$0.24 in 2Q 2021). Revenue: US$248.7m (up 25% from 2Q 2021). Net income: US$58.4m (up 20% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 11% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 27
Cubesmart Declares Third Quarter 2022 Dividend, Payable on October 17, 2022 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending September 30, 2022. The dividend is payable on October 17, 2022 to common shareholders of record on October 3, 2022. Tillkännagivande • Jul 14
CubeSmart to Report Q2, 2022 Results on Aug 04, 2022 CubeSmart announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Upcoming Dividend • Jun 23
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 15 July 2022. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%). Tillkännagivande • May 18
CubeSmart Declares Second Quarter 2022 Dividend, Payable on July 15, 2022 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending June 30, 2022. The dividend is payable on July 15, 2022 to common shareholders of record on July 1, 2022. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.17 (vs US$0.21 in 1Q 2021) First quarter 2022 results: EPS: US$0.17 (down from US$0.21 in 1Q 2021). Revenue: US$238.6m (up 26% from 1Q 2021). Net income: US$38.2m (down 8.6% from 1Q 2021). Profit margin: 16% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Independent Trustee Dorothy Dowling was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 13
CubeSmart to Report Q1, 2022 Results on Apr 28, 2022 CubeSmart announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Tillkännagivande • Apr 02
CubeSmart, Annual General Meeting, May 17, 2022 CubeSmart, Annual General Meeting, May 17, 2022, at 08:00 Eastern Daylight. Location: cubesmart, 5 old Lancaster Road Malvern Pennsylvania United States Agenda: To consider election of Trustees; to ratify the appointment of KPMG LLP as company’s independent registered public accounting firm for the year ending December 31, 2022; to cast an advisory vote to approve the executive compensation; and to discuss other matters. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 18 April 2022. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%). Tillkännagivande • Mar 06
CubeSmart Announces Executive Changes On March 1, 2022, Marianne M. Keler advised the Board of Trustees of CubeSmart of her intention to not stand for re-election to the Board at CubeSmart’s 2022 Annual Meeting of Shareholders and her term will therefore end at the conclusion of the 2022 Annual Meeting. Ms. Keler joined the Board in 2007 and her retirement comes after 15 years of distinguished service to CubeSmart, including as Non-Executive Chair of the Board since May 2018. Ms. Keler confirmed to the Board that her determination to not stand for re-election is not the result of any disagreement with CubeSmart relating to its operations, policies or practices. The Board has determined that, effective at the conclusion of the 2022 Annual Meeting, Deborah R. Salzberg, who has been a Trustee since May 2013, will become Non-Executive Chair of the Board. The Board intends to nominate Jair K. Lynch, age 50, to the Board for election by the shareholders at the 2022 Annual Meeting to fill the vacancy that will arise upon Ms. Keler’s retirement. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.10 (up from US$0.85 in FY 2020). Revenue: US$822.6m (up 21% from FY 2020). Net income: US$223.5m (up 35% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 25
CubeSmart Provides Earnings Guidance for the First Quarter and Full Year of 2021 CubeSmart provided earnings guidance for the first quarter and full year of 2021. For the quarter, the company expects earnings per diluted share allocated to common shareholders to be in the range of $0.20 and $0.22.For the year, the company expects same-store revenue growth in the range of 8.00% and 10.00% and earnings per diluted share allocated common shareholders in the range of $0.98 and $1.05. Tillkännagivande • Feb 24
CubeSmart Declares First Quarter Dividend for the period ending March 31, 2022, Payable April 18, 2022 CubeSmart announced that its Board of Trustees declared a first quarterly dividend of $0.43 per common share for the period ending March 31, 2022. The dividend is payable on April 18, 2022 to common shareholders of record on April 1, 2022. Tillkännagivande • Feb 02
CubeSmart to Report Q4, 2021 Results on Feb 24, 2022 CubeSmart announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Upcoming Dividend • Dec 24
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 31 December 2021. Payment date: 18 January 2022. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (2.8%). Reported Earnings • Nov 06
Third quarter 2021 earnings released: FFO US$0.59 per share (vs US$0.45 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$213.4m (up 24% from 3Q 2020). Funds from operations (FFO): US$118.4m (up 37% from 3Q 2020). FFO margin: 56% (up from 50% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 30 September 2021. Payment date: 15 October 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.3%). Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$199.2m (up 22% from 2Q 2020). Net income: US$48.8m (up 27% from 2Q 2020). Profit margin: 25% (up from 24% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Tillkännagivande • Jun 28
CubeSmart(NYSE:CUBE) dropped from Russell 1000 Dynamic Index CubeSmart(NYSE:CUBE) dropped from Russell 1000 Dynamic Index Upcoming Dividend • Jun 23
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 15 July 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.4%). Tillkännagivande • May 13
CubeSmart Declares Dividend for the Second Quarter Ending June 30, 2021, Payable on July 15, 2021 CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.34 per common share for the period ending June 30, 2021. The dividend is payable on July 15, 2021 to common shareholders of record on July 1, 2021. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$0.21 (vs US$0.20 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: US$188.8m (up 15% from 1Q 2020). Net income: US$41.7m (up 10% from 1Q 2020). Profit margin: 22% (down from 23% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 31 March 2021. Payment date: 15 April 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.3%). In line with average of industry peers (3.6%).