CubeSmart (CUBE)
REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.
CubeSmart (CUBE) Dividend Payout Ratio: 147.87%
Is CubeSmart’s dividend payout ratio high or low?
CubeSmart's dividend payout ratio of 147.87% is in line with its 5-year average of 145.02%, around the middle of its 5-year range (86.44%–234.73%).
As of Wednesday, June 24, 2026. 9.96% above its 12-month average of 134.48%.
Dividend Payout Ratio (147.87%) = TTM Dividends/Share ($2.10) / TTM EPS ($1.42)
CUBE Dividend Payout Ratio
CUBE Dividend Payout Ratio Chart
147.87%
+21.30% 1Y
CUBE Dividend Payout Ratio
CUBE Average Dividend Payout Ratio Chart
CUBE Dividend Payout Ratio
CUBE Current vs Average Dividend Payout Ratio Chart
CUBE Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
147.87%
DIVIDEND PAYOUT RATIO AVG TTM
134.48%
DIVIDEND PAYOUT RATIO AVG 3Y
125.09%
DIVIDEND PAYOUT RATIO AVG 5Y
132.74%
DIVIDEND PAYOUT RATIO AVG 10Y
145.11%
DIVIDEND PAYOUT RATIO AVG 15Y
152.12%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.96%
CURRENT VS 3Y AVG
+18.21%
CURRENT VS 5Y AVG
+11.39%
CURRENT VS 10Y AVG
+1.90%
CURRENT VS 15Y AVG
-2.80%
CURRENT VS 20Y AVG
N/A
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.46 | $2.08 | 142.5% |
| 2024 | $1.73 | $1.53 | 88.4% |
| 2023 | $1.82 | $1.98 | 108.8% |
| 2022 | $1.29 | $1.78 | 138.0% |
| 2021 | $1.10 | $1.45 | 131.8% |
| 2020 | $0.85 | $1.33 | 156.5% |
| 2019 | $0.44 | $1.29 | 293.2% |
| 2018 | $0.89 | $1.22 | 137.1% |
| 2017 | $0.74 | $1.11 | 150.0% |
| 2016 | $0.45 | $0.90 | 200.0% |
| 2015 | $0.43 | $0.69 | 160.5% |
| 2014 | $0.14 | $0.55 | 392.9% |
| 2013 | $0.26 | $0.46 | 176.9% |
| 2012 | ($0.03) | $0.43 | N/A (Loss) |
| 2011 | ($0.00) | $0.28 | N/A (Loss) |
| 2010 | ($0.08) | $0.10 | N/A (Loss) |
| 2009 | ($0.01) | $0.10 | N/A (Loss) |
| 2008 | $0.05 | $0.72 | N/A |
| 2007 | ($0.23) | $1.16 | N/A (Loss) |
| 2006 | ($0.15) | $1.16 | N/A (Loss) |
| 2005 | $0.04 | $1.04 | N/A |
| 2004 | ($0.86) | $0.00 | N/A (Loss) |
| 2003 | $0.47 | $0.00 | 0.0% |
| 2002 | $0.29 | $0.00 | 0.0% |
| 2001 | $0.20 | $0.00 | 0.0% |
| 2000 | $0.24 | $0.00 | 0.0% |
CubeSmart Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CubeSmart Dividend Payout Ratio FAQ
- What is the dividend payout ratio for CubeSmart (CUBE)?
- The dividend payout ratio for CUBE stock is 147.87%.
- Is CubeSmart's dividend payout ratio high or low?
- CubeSmart's dividend payout ratio of 147.87% is in line with its 5-year average of 145.02%, around the middle of its 5-year range (86.44%–234.73%).
- What is the TTM average dividend payout ratio for CubeSmart (CUBE)?
- The TTM average dividend payout ratio for CUBE stock is 134.48%.
- What is the 3Y average dividend payout ratio for CubeSmart (CUBE)?
- The 3Y average dividend payout ratio for CUBE stock is 125.09%.
- What is the 5Y average dividend payout ratio for CubeSmart (CUBE)?
- The 5Y average dividend payout ratio for CUBE stock is 132.74%.
- What is the 10Y average dividend payout ratio for CubeSmart (CUBE)?
- The 10Y average dividend payout ratio for CUBE stock is 145.11%.
- What is the 15Y average dividend payout ratio for CubeSmart (CUBE)?
- The 15Y average dividend payout ratio for CUBE stock is 152.12%.
CubeSmart Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-22 | 147.87% |
| 2026-06-17 | 147.89% |
| 2026-06-15 | 147.89% |
| 2026-06-11 | 147.89% |
| 2026-06-09 | 147.89% |
| 2026-06-05 | 147.90% |
| 2026-06-03 | 147.91% |
| 2026-06-01 | 147.90% |
| 2026-05-28 | 147.89% |
| 2026-05-26 | 147.88% |
| 2026-05-21 | 147.91% |
| 2026-05-19 | 147.91% |
| 2026-05-15 | 147.86% |
| 2026-05-13 | 147.88% |
| 2026-05-11 | 147.91% |
| 2026-05-07 | 147.91% |
| 2026-05-05 | 147.86% |
| 2026-05-01 | 147.90% |
| 2026-04-29 | 144.85% |
| 2026-04-27 | 144.81% |
| 2026-04-23 | 144.82% |
| 2026-04-21 | 144.81% |
| 2026-04-17 | 144.84% |
| 2026-04-15 | 144.82% |
| 2026-04-13 | 144.84% |
| 2026-04-09 | 144.81% |
| 2026-04-07 | 144.83% |
| 2026-04-02 | 144.84% |
| 2026-03-31 | 144.16% |
| 2026-03-27 | 144.14% |
| 2026-03-25 | 144.16% |
| 2026-03-23 | 144.13% |
| 2026-03-19 | 144.15% |
| 2026-03-17 | 144.13% |
| 2026-03-13 | 144.16% |
| 2026-03-11 | 144.15% |
| 2026-03-09 | 144.13% |
| 2026-03-05 | 144.15% |
| 2026-03-03 | 144.15% |
| 2026-02-27 | 144.13% |
| 2026-02-25 | 134.00% |
| 2026-02-23 | 133.96% |
| 2026-02-19 | 133.96% |
| 2026-02-17 | 133.95% |
| 2026-02-12 | 133.97% |
| 2026-02-10 | 133.96% |
| 2026-02-06 | 133.98% |
| 2026-02-04 | 133.98% |
| 2026-02-02 | 133.97% |
| 2026-01-29 | 133.98% |
| 2026-01-27 | 133.98% |
| 2026-01-23 | 133.96% |
| 2026-01-21 | 133.99% |
| 2026-01-16 | 133.97% |
| 2026-01-14 | 133.99% |
| 2026-01-12 | 133.95% |
| 2026-01-08 | 133.99% |
| 2026-01-06 | 133.98% |
| 2026-01-02 | 133.96% |
| 2025-12-30 | 133.36% |
| 2025-12-26 | 133.32% |
| 2025-12-23 | 133.35% |
| 2025-12-19 | 133.33% |
| 2025-12-17 | 133.32% |
| 2025-12-15 | 133.34% |
| 2025-12-11 | 133.36% |
| 2025-12-09 | 133.30% |
| 2025-12-05 | 133.33% |
| 2025-12-03 | 133.31% |
| 2025-12-01 | 133.34% |
| 2025-11-26 | 133.32% |
| 2025-11-24 | 133.32% |
| 2025-11-20 | 133.33% |
| 2025-11-18 | 133.32% |
| 2025-11-14 | 133.31% |
| 2025-11-12 | 133.33% |
| 2025-11-10 | 133.33% |
| 2025-11-06 | 133.36% |
| 2025-11-04 | 133.33% |
| 2025-10-31 | 133.35% |
| 2025-10-29 | 126.83% |
| 2025-10-27 | 126.81% |
| 2025-10-23 | 126.84% |
| 2025-10-21 | 126.83% |
| 2025-10-17 | 126.82% |
| 2025-10-15 | 126.84% |
| 2025-10-13 | 126.82% |
| 2025-10-09 | 126.83% |
| 2025-10-07 | 126.81% |
| 2025-10-03 | 126.84% |
| 2025-10-01 | 126.81% |
| 2025-09-29 | 126.24% |
| 2025-09-25 | 126.20% |
| 2025-09-23 | 126.24% |
| 2025-09-19 | 126.21% |
| 2025-09-17 | 126.20% |
| 2025-09-15 | 126.20% |
| 2025-09-11 | 126.20% |
| 2025-09-09 | 126.24% |
| 2025-09-05 | 126.21% |
| 2025-09-03 | 126.21% |
| 2025-08-29 | 126.21% |
| 2025-08-27 | 126.20% |
| 2025-08-25 | 126.20% |
| 2025-08-21 | 126.21% |
| 2025-08-19 | 126.24% |
| 2025-08-15 | 126.24% |
| 2025-08-13 | 126.22% |
| 2025-08-11 | 126.20% |
| 2025-08-07 | 126.24% |
| 2025-08-05 | 126.20% |
| 2025-08-01 | 126.22% |
| 2025-07-30 | 122.48% |
| 2025-07-28 | 122.48% |
| 2025-07-24 | 122.50% |
| 2025-07-22 | 122.49% |
| 2025-07-18 | 122.50% |
| 2025-07-16 | 122.51% |
| 2025-07-14 | 122.47% |
| 2025-07-10 | 122.49% |
| 2025-07-08 | 122.50% |
| 2025-07-03 | 122.46% |
| 2025-07-01 | 122.47% |
| 2025-06-27 | 121.89% |
| 2025-06-25 | 121.90% |
| 2025-06-23 | 121.90% |
| 2025-06-18 | 121.88% |
| 2025-06-16 | 121.88% |
| 2025-06-12 | 121.91% |
| 2025-06-10 | 121.89% |
| 2025-06-06 | 121.88% |
| 2025-06-04 | 121.89% |
| 2025-06-02 | 121.89% |
| 2025-05-29 | 121.91% |
| 2025-05-27 | 121.89% |
| 2025-05-22 | 121.89% |
| 2025-05-20 | 121.88% |
| 2025-05-16 | 121.91% |
| 2025-05-14 | 121.90% |
| 2025-05-12 | 121.88% |
| 2025-05-08 | 121.87% |
| 2025-05-06 | 121.90% |
| 2025-05-02 | 121.90% |
| 2025-04-30 | 119.79% |
| 2025-04-28 | 119.74% |
| 2025-04-24 | 119.78% |
| 2025-04-22 | 119.78% |
| 2025-04-17 | 119.79% |
| 2025-04-15 | 119.76% |
| 2025-04-11 | 119.78% |
| 2025-04-09 | 119.75% |
| 2025-04-07 | 119.78% |
| 2025-04-03 | 119.77% |
| 2025-04-01 | 119.79% |
| 2025-03-28 | 89.52% |
| 2025-03-26 | 119.18% |
| 2025-03-24 | 119.18% |
| 2025-03-20 | 119.19% |
| 2025-03-18 | 119.17% |
| 2025-03-14 | 119.20% |
| 2025-03-12 | 119.16% |
| 2025-03-10 | 119.18% |
| 2025-03-06 | 119.19% |
| 2025-03-04 | 119.17% |
| 2025-02-28 | 119.19% |
| 2025-02-26 | 115.80% |
| 2025-02-24 | 115.81% |
| 2025-02-20 | 115.83% |
| 2025-02-18 | 115.83% |
| 2025-02-13 | 115.84% |
| 2025-02-11 | 115.80% |
| 2025-02-07 | 115.80% |
| 2025-02-05 | 115.81% |
| 2025-02-03 | 115.84% |
| 2025-01-30 | 115.81% |
| 2025-01-28 | 115.83% |
| 2025-01-24 | 115.82% |
| 2025-01-22 | 115.82% |
| 2025-01-17 | 115.83% |
| 2025-01-15 | 115.81% |
| 2025-01-13 | 115.80% |
| 2025-01-08 | 115.82% |
| 2025-01-06 | 115.83% |
| 2025-01-02 | 115.81% |
| 2024-12-30 | 86.44% |
| 2024-12-26 | 115.25% |
| 2024-12-23 | 115.25% |
| 2024-12-19 | 115.24% |
| 2024-12-17 | 115.26% |
| 2024-12-13 | 115.25% |
| 2024-12-11 | 115.25% |
| 2024-12-09 | 115.25% |
| 2024-12-05 | 115.24% |
| 2024-12-03 | 115.27% |
| 2024-11-29 | 115.25% |
| 2024-11-26 | 115.24% |
| 2024-11-22 | 115.24% |
| 2024-11-20 | 115.24% |
| 2024-11-18 | 115.26% |
| 2024-11-14 | 115.26% |
| 2024-11-12 | 115.27% |
| 2024-11-08 | 115.27% |
| 2024-11-06 | 115.24% |
| 2024-11-04 | 115.26% |
| 2024-10-31 | 114.62% |
| 2024-10-29 | 114.63% |
| 2024-10-25 | 114.62% |
| 2024-10-23 | 114.62% |
| 2024-10-21 | 114.60% |
| 2024-10-17 | 114.59% |
| 2024-10-15 | 114.62% |
| 2024-10-11 | 114.61% |
| 2024-10-09 | 114.59% |
| 2024-10-07 | 114.62% |
| 2024-10-03 | 114.60% |
| 2024-10-01 | 114.60% |
| 2024-09-27 | 113.47% |
| 2024-09-25 | 113.47% |
| 2024-09-23 | 113.48% |
| 2024-09-19 | 113.48% |
| 2024-09-17 | 113.50% |
| 2024-09-13 | 113.49% |
| 2024-09-11 | 113.47% |
| 2024-09-09 | 113.48% |
| 2024-09-05 | 113.50% |
| 2024-09-03 | 113.48% |
| 2024-08-29 | 113.47% |
| 2024-08-27 | 113.47% |
| 2024-08-23 | 113.48% |
| 2024-08-21 | 113.47% |
| 2024-08-19 | 113.48% |
| 2024-08-15 | 113.48% |
| 2024-08-13 | 113.49% |
| 2024-08-09 | 113.50% |
| 2024-08-07 | 113.50% |
| 2024-08-05 | 113.47% |
| 2024-08-01 | 112.22% |
| 2024-07-30 | 112.21% |
| 2024-07-26 | 112.24% |
| 2024-07-24 | 112.22% |
| 2024-07-22 | 112.20% |
| 2024-07-18 | 112.22% |
| 2024-07-16 | 112.23% |
| 2024-07-12 | 112.24% |
| 2024-07-10 | 112.21% |
| 2024-07-08 | 112.24% |
| 2024-07-03 | 112.21% |
| 2024-07-01 | 112.22% |
| 2024-06-27 | 111.11% |
| 2024-06-25 | 111.10% |
| 2024-06-21 | 111.13% |
| 2024-06-18 | 111.11% |
| 2024-06-14 | 111.10% |
| 2024-06-12 | 111.10% |
| 2024-06-10 | 111.10% |
| 2024-06-06 | 111.11% |
| 2024-06-04 | 111.11% |
| 2024-05-31 | 111.13% |
| 2024-05-29 | 111.12% |
| 2024-05-24 | 111.12% |
Showing the most recent 260 of 1,770 data points. The chart above shows the full history.
About CubeSmart
CubeSmart functions as an independent real estate investment trust (REIT), overseeing both its administration and management. The company's self-storage facilities deliver secure, convenient, and budget-friendly storage options for both private individuals and commercial entities. According to data from the 2020 Self-Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties nationwide.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Christopher Marr