CubeSmart Plans Quarterly Dividend of $0.53 (NYSE:CUBE)

Posted by Geri Gentry on Jul 29th, 2026

CubeSmart (NYSE:CUBE – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Thursday, October 1st will be given a dividend of 0.53 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Thursday, October 1st.

CubeSmart has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 16 years. CubeSmart has a payout ratio of 135.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect CubeSmart to earn $2.60 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 81.5%.

CubeSmart Price Performance

CUBE stock traded up $0.20 during mid-day trading on Wednesday, reaching $42.70. The company’s stock had a trading volume of 152,602 shares, compared to its average volume of 2,253,441. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. The company’s 50 day moving average is $40.68 and its two-hundred day moving average is $39.45. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. The stock has a market cap of $9.67 billion, a PE ratio of 30.08, a P/E/G ratio of 7.31 and a beta of 1.08.

CubeSmart (NYSE:CUBE – Get Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. The business had revenue of $281.93 million for the quarter, compared to analysts’ expectations of $275.25 million. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.64 EPS. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Equities research analysts expect that CubeSmart will post 2.57 EPS for the current year.

About CubeSmart

(Get Free Report)

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.

CubeSmart Plans Quarterly Dividend of $0.53 (NYSE:CUBE)

CubeSmart Price Performance

About CubeSmart

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