CubeSmart Raises Quarterly Dividend by 1%

Dow Jones12-14

By Adam L. Cataldo

CubeSmart increased its quarterly dividend to 52 cents a share, from 51 cents.

The company said its board of trustees approved the boost, which is the 15th consecutive annual increase in its dividend.

The new payout is equal to $2.12 on an annual basis, and is equivalent to a dividend yield of 4.9% based on Friday's closing share price of $46.27.

Based in Malvern, Pa., real-estate investment trust CubeSmart owns or manages 1,538 self-storage properties across the U.S.

The dividend is payable Jan. 16 to shareholders of record on Jan. 2.

Write to Adam L. Cataldo at adam.cataldo@wsj.com

(END) Dow Jones Newswires

December 13, 2024 17:45 ET (22:45 GMT)

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Cataldo \n\n\n \n\n\nCubeSmart increased its quarterly dividend to 52 cents a share, from 51 cents. \n\n\n  The company said its board of trustees approved the boost, which is the 15th consecutive ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4217","symbol_name":"自存仓储房地产信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2491581031","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491581031","pubTimestamp":1734129900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"CubeSmart increased its quarterly dividend to 52 cents a share, from 51 cents.The company said its board of trustees approved the boost, which is the 15th consecutive annual increase in its dividend.The new payout is equal to $2.12 on an annual basis, and is equivalent to a dividend yield of 4.9% based on Friday's closing share price of $46.27.Based in Malvern, Pa., real-estate investment trust CubeSmart owns or manages 1,538 self-storage properties across the U.S.The dividend is payable Jan. 16 to shareholders of record on Jan. 2.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4217":"自存仓储房地产信托","CUBE":"CubeSmart","BK4084":"特种房地产投资信托"},"translate_title":"CubeSmart将季度股息提高1%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CUBE":1},"content_text":"By Adam L. 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