CUBE Dividend History & Analysis | 5.6% Yield

CUBE has a dividend yield of 5.6% and paid 2.11 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.61%
Payout Ratio 122.7%
Growth Rate CAGR 5y 5.7%
Consistency Lifetime 96.2%
Yield on Cost 5y 5.4%
Payout FCF 78.3%
Streak Years 1
Dividend Rating 65.3%
Chowder Number yield + growth 11.3% below 12% target for healthy growth
Yield vs Average 5y +36.4% avg 4.11% vs now 5.61%
Debt / EBITDA leverage 5.0x elevated
Income per 10k invested 561 USD per year
Dividends Cash Amount per Share Yearly CUBE annual dividends paid per share, showing the total cash CubeSmart distributed to shareholders each year.
Dividend Growth Year over Year CUBE year-over-year dividend growth rate, showing how CubeSmart's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CUBE dividend yield history versus share price over the past 5 years, showing how CubeSmart's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Specialized REITs

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MRP NYSE
Millrose Properties
4,943 M 10.26% 15.78%
EPR NYSE
EPR Properties
4,578 M 6.63% 9.70%
GLPI NASDAQ
Gaming & Leisure Properties
12,448 M 6.85% 9.22%
VICI NYSE
VICI Properties
28,551 M 6.31% 7.41%
NSA NYSE
National Storage Affiliates
6,578 M 6.85% 5.62%
FCPT NYSE
Four Corners Property Trust
2,756 M 6.07% 6.53%
LAMR NASDAQ
Lamar Advertising
15,988 M 4.91% 7.74%
CUBE NYSE
CubeSmart
9,157 M 5.61% 5.41%
OUT NYSE
Outfront Media
5,785 M 4.94% 6.59%
IRM NYSE
Iron Mountain
34,858 M 3.33% 9.31%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MRP NYSE
Millrose Properties
4,943 M 54.95% 100.0%
EQIX NASDAQ
Equinix
100,886 M 14.72% 100.0%
PSA NYSE
Public Storage
56,071 M 11.98% 82.8%
IRM NYSE
Iron Mountain
34,858 M 8.81% 98.6%
LAMR NASDAQ
Lamar Advertising
15,988 M 8.32% 99.2%
VICI NYSE
VICI Properties
28,551 M 5.63% 100.0%
CUBE NYSE
CubeSmart
9,157 M 5.65% 96.2%
EPR NYSE
EPR Properties
4,578 M 3.01% 100.0%
FCPT NYSE
Four Corners Property Trust
2,756 M 2.31% 100.0%
GLPI NASDAQ
Gaming & Leisure Properties
12,448 M 6.11% 98.6%

CUBE Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan 0.55% 40
Feb - -
Mar 0.60% 60
Apr 0.54% 40
May - -
Jun 0.42% 40
Jul 0.60% 45
Aug - -
Sep 0.61% 60
Oct 0.45% 40
Nov - -
Dec 0.61% 60

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-01 2026-07-01 2026-07-15 Quarterly 0.53 0% 1.35%
2026-04-01 2026-04-01 2026-04-15 Quarterly 0.53 0% 1.47%
2026-01-02 2026-01-02 2026-01-16 Quarterly 0.53 +1.9% 1.49%
2025-10-01 2025-10-01 2025-10-15 Quarterly 0.52 0% 1.3%
2025-07-01 2025-07-01 2025-07-15 Quarterly 0.52 0% 1.24%
2025-04-01 2025-04-01 2025-04-15 Quarterly 0.52 0% 1.23%
2025-01-02 2025-01-02 2025-01-16 Quarterly 0.52 +2% 1.23%
2024-10-01 2024-10-01 2024-10-15 Quarterly 0.51 0% 0.95%
2024-07-01 2024-07-01 2024-07-15 Quarterly 0.51 0% 1.15%
2024-03-28 2024-04-01 2024-04-15 Quarterly 0.51 0% 1.13%
2023-12-29 2024-01-02 2024-01-16 Quarterly 0.51 +4.1% 1.1%
2023-09-29 2023-10-02 2023-10-16 Quarterly 0.49 0% 1.27%
2023-06-30 2023-07-03 2023-07-17 Quarterly 0.49 0% 1.09%
2023-03-31 2023-04-03 2023-04-17 Quarterly 0.49 0% 1.08%
2022-12-30 2023-01-03 2023-01-17 Quarterly 0.49 +14% 1.21%
2022-09-30 2022-10-03 2022-10-17 Quarterly 0.43 0% 1.09%
2022-06-30 2022-07-01 2022-07-15 Quarterly 0.43 0% 1.01%
2022-03-31 2022-04-01 2022-04-18 Quarterly 0.43 0% 0.81%
2021-12-31 2022-01-03 2022-01-18 Quarterly 0.43 +26.5% 0.76%
2021-09-30 2021-10-01 2021-10-15 Quarterly 0.34 0% 0.68%

CUBE Dividend FAQ

What is the Dividend Yield of CUBE?

As of July 2026, CUBE's dividend yield is 5.61%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.11 USD by the current share price of 40.19.

Does CUBE pay a dividend?

As of July 2026, CUBE paid a dividend of 2.11 USD in the last 12 months. The last dividend was paid on 2026-07-01 and the payout was 0.53 USD.

How often does CUBE pay dividends?

CUBE pays dividends quarterly. Over the last 12 months, CUBE has issued 4 dividend payments. The last dividend payment was made on 2026-07-01.

CUBE dividend forecast

Based on historical data, the forecasted dividends per share for CUBE for the next payments are between 0.526 (-0.8%) and 0.553 (+4.3%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 5.44%.

Will CUBE pay dividends in 2026?

The latest dividend paid per share was 0.53 USD with an Ex-Dividend Date of 2026-07-01. The next Ex-Dividend date for CubeSmart (CUBE) is currently unknown.

What is the next Ex-Dividend Date for CUBE?

The next Ex-Dividend date for CubeSmart (CUBE) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CUBE?

CUBE's average dividend growth rate over the past 5 years is 5.65% per year. Strong growth: CUBE's dividend growth is outpacing inflation.

What is the Yield on Cost of CUBE?

CUBE's 5-Year Yield on Cost is 5.41%. If you bought CUBE's shares at 39.03 USD five years ago, your current annual dividend income (2.11 USD per share, trailing 12 months) equals 5.41% of your original purchase price.

What is the Payout Consistency of CUBE?

CUBE Payout Consistency is 96.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: CubeSmart has a strong track record of consistent dividend payments over its lifetime.

Does CUBE have a good Dividend Yield?

CUBE's 5.61% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of CUBE?

The Dividend Payout Ratio of CUBE is 122.7%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of CUBE?

CUBE's Overall Dividend Rating is 65.25%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CUBE Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in CUBE's Outstanding Shares?

CubeSmart's outstanding shares have increased by approximately 0.38% annually over the past 3 years (Trend Reliability: 60.0%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has CUBE ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2003 33,742,000 0%
2004 37,477,900 +11.07%
2005 57,257,000 +52.78%
2006 57,421,000 +0.29%
2007 57,593,000 +0.3%
2008 57,687,000 +0.16%
2009 92,834,000 +60.93%
2010 98,769,000 +6.39%
2011 122,266,000 +23.79%
2012 129,111,000 +5.6%
2013 140,219,000 +8.6%
2014 165,502,000 +18.03%
2015 174,679,000 +5.54%
2016 181,232,000 +3.75%
2017 182,432,000 +0.66%
2018 187,253,000 +2.64%
2019 193,582,000 +3.38%
2020 193,745,000 +0.08%
2021 203,797,000 +5.19%
2022 225,876,000 +10.83%
2023 226,242,000 +0.16%
2024 228,440,000 +0.97%
2025 229,160,000 +0.32%
2026 228,206,000 -0.42%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-04 02:40 UTC