CUBE Dividends
CubeSmart (CUBE) pays $2.10 in dividends per share, with a current dividend yield of 5.16%. The company has dividend history for 1 consecutive years.
CUBE Dividend Summary
5.16%
$2.10
147.87%
78.61%
Consecutive Years
1
Next Ex-Dividend Date
Jul 1, 2026
Next Payment Date
Jul 15, 2026
CUBE Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
CUBE Dividends CAGR Chart
CubeSmart (CUBE)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.59 | — |
| 2025 | $2.08 | N/A |
| 2024 | $1.53 | N/A |
| 2023 | $1.98 | +11.24% |
| 2022 | $1.78 | +22.76% |
| 2021 | $1.45 | +9.02% |
| 2020 | $1.33 | +3.10% |
| 2019 | $1.29 | +5.74% |
| 2018 | $1.22 | +9.91% |
| 2017 | $1.11 | +23.33% |
| 2016 | $0.90 | +30.43% |
| 2015 | $0.69 | +25.45% |
| 2014 | $0.55 | +19.57% |
| 2013 | $0.46 | N/A |
| 2012 | $0.43 | N/A |
| 2011 | $0.28 | +180.00% |
| 2010 | $0.10 | +0.00% |
| 2009 | $0.10 | -86.11% |
| 2008 | $0.72 | -37.93% |
| 2007 | $1.16 | +0.00% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q3 2026 | $0.53 | +1.92% |
| Q2 2026 | $0.53 | +1.92% |
| Q1 2026 | $0.53 | +1.92% |
| Q4 2025 | $0.52 | +1.96% |
| Q3 2025 | $0.52 | +1.96% |
| Q2 2025 | $0.52 | — |
| Q1 2025 | $0.52 | +1.96% |
| Q4 2024 | $0.51 | +0.00% |
| Q3 2024 | $0.51 | +4.08% |
| Q1 2024 | $0.51 | +4.08% |
| Q4 2023 | $0.51 | +4.08% |
| Q3 2023 | $0.49 | +13.95% |
| Q2 2023 | $0.49 | +13.95% |
| Q1 2023 | $0.49 | +13.95% |
| Q4 2022 | $0.49 | +13.95% |
| Q3 2022 | $0.43 | +26.47% |
| Q2 2022 | $0.43 | +26.47% |
| Q1 2022 | $0.43 | +26.47% |
| Q4 2021 | $0.43 | +26.47% |
| Q3 2021 | $0.34 | +3.03% |
| Q2 2021 | $0.34 | +3.03% |
| Q1 2021 | $0.34 | +3.03% |
| Q4 2020 | $0.34 | +3.03% |
| Q3 2020 | $0.33 | +3.13% |
Dividend Yield Metrics
- Current Yield
- 5.16%
- Average Yield (TTM)
- 5.14%
- Average Yield (3Y)
- 4.56%
- Forward Yield on Cost (3Y)
- 7.37%
- Forward Yield on Cost (5Y)
- 9.38%
- Forward Yield on Cost (10Y)
- 17.11%
Payout Ratio Analysis
- Payout Ratio (Current)
- 147.87%
- FCF Payout Ratio
- 78.61%
- Payout Ratio (3Y Avg)
- 113.23%
- Payout Ratio (5Y Avg)
- 121.90%
- FCF Payout (3Y Avg)
- 70.61%
- FCF Payout (5Y Avg)
- 69.07%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
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