NSA Dividend History & Analysis | 7.1% Yield

NSA has a dividend yield of 7.1% and paid 2.28 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.06%
Payout Ratio 3.0%
Growth Rate CAGR 5y 9.43%
Consistency Lifetime 100.0%
Yield on Cost 5y 7.90%
Payout FCF 61.8%
Streak Years 11
Dividend Rating 79.94%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Specialized REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
RYN 3,913 M 10.5% 10.7%
MRP 4,949 M 8.87% 12.7%
EPR 4,125 M 6.62% 12.8%
GLPI 12,905 M 6.70% 10.1%
OUT 4,092 M 6.45% 8.80%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
OUT 4,092 M 56.5% 76.4%
SAFE 1,001 M 33.9% 53.3%
EPR 4,125 M 23.8% 94.9%
SBAC 19,905 M 17.6% 100%
FPI 486 M 21.8% 87.4%

NSA Dividend History: Last 43 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.57 0% 1.94%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.57 0% 1.81%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.57 0% 1.73%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.57 0% 1.58%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.57 1.8% 1.37%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.56 0% 1.18%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.56 0% 1.38%
2024-03-14 2024-03-15 2024-03-29 Quarterly 0.56 0% 1.49%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.56 0% 1.45%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.56 0% 1.63%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.56 1.8% 1.58%
2023-03-14 2023-03-15 2023-03-30 Quarterly 0.55 0% 1.33%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.55 0% 1.42%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.55 0% 1.13%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.55 10% 1.2%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.5 11.1% 0.83%
2021-12-14 2021-12-15 2021-12-30 Quarterly 0.45 9.8% 0.7%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.41 7.9% 0.71%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.38 8.6% 0.78%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.35 0% 0.89%
2020-12-14 2020-12-15 2020-12-31 Quarterly 0.35 2.9% N/A
2020-09-14 2020-09-15 2020-09-30 Quarterly 0.34 3% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.33 0% N/A
2020-03-12 2020-03-13 2020-03-31 Quarterly 0.33 0% N/A
2019-12-12 2019-12-13 2019-12-31 Quarterly 0.33 3.1% N/A
2019-09-12 2019-09-13 2019-09-30 Quarterly 0.32 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.32 6.7% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.3 0% N/A
2018-12-13 2018-12-14 2018-12-31 Quarterly 0.3 3.4% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.29 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.29 3.6% N/A
2018-03-14 2018-03-15 2018-03-29 Quarterly 0.28 0% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.28 7.7% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.26 0% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.26 8.3% N/A
2017-03-13 2017-03-15 2017-03-30 Quarterly 0.24 0% N/A
2016-12-13 2016-12-15 2016-12-30 Quarterly 0.24 9.1% N/A
2016-09-13 2016-09-15 2016-09-30 Quarterly 0.22 0% N/A
2016-06-13 2016-06-15 2016-06-30 Quarterly 0.22 10% N/A
2016-03-11 2016-03-15 2016-03-30 Quarterly 0.2 0% N/A
2015-12-11 2015-12-15 2015-12-30 Quarterly 0.2 5.3% N/A
2015-09-28 2015-09-30 2015-10-15 Quarterly 0.19 26.7% N/A
2015-06-26 2015-06-30 2015-07-15 Other 0.15 0% N/A

NSA Dividend FAQ

National Storage Affiliates Trust (NYSE: NSA) is a publicly-traded REIT based in Greenwood Village, Colorado, that owns, operates, and acquires self-storage facilities primarily in the 100 largest U.S. metropolitan statistical areas. As of September 30 2025 the portfolio comprised 1,069 properties across 37 states and Puerto Rico, totaling roughly 69.8 million rentable square feet, making NSA one of the nation’s biggest self-storage owners.

What is the Dividend Yield of NSA?

As of February 2026, NSA`s dividend yield is 7.06%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.28 USD by the current share price of 31.81.

Does NSA pay a dividend?

As of February 2026, NSA paid a dividend of 2.28 USD in the last 12 months. The last dividend was paid on 2025-12-15 and the payout was 0.57 USD.

How often does NSA pay dividends?

NSA pays dividends quarterly. Over the last 12 months, NSA has issued 4 dividend payments. The last dividend payment was made on 2025-12-15.

NSA dividend forecast

Based on historical data, the forecasted dividends per share for NSA for the next 4 payments are between 0.574 (+0.7%) and 0.578 (+1.4%).
This suggests the dividend will remain relatively stable.

Will NSA pay dividends in 2026?

The latest dividend paid per share was 0.57 USD with an Ex-Dividend Date of 2025-12-15. The next Ex-Dividend date for National Storage (NSA) is currently unknown.

What is the next Ex-Dividend Date for NSA?

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

What is the Dividend Growth of NSA?

NSA's average dividend growth rate over the past 5 years is 9.43% per year.
Strong growth: NSA's Dividend growth is outpacing inflation.

What is the Yield on Cost of NSA?

NSA's 5-Year Yield on Cost is 7.90%. If you bought NSA's shares at 28.85 USD five years ago, your current annual dividend income (2.28 USD per share, trailing 12 months) equals 7.90% of your original purchase price.

What is the Payout Consistency of NSA?

NSA Payout Consistency is 100.0%. 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: National Storage has a strong track record of consistent dividend payments over its lifetime.

Does NSA have a good Dividend Yield?

NSA`s 7.06% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of NSA?

The Dividend Payout Ratio of NSA is 3.0%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of NSA?

NSA`s Overall Dividend Rating is 79.94%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NSA Outstanding Shares Analysis

What is the Trend in NSA's Outstanding Shares?

National Storage's outstanding shares have decreased by approximately 26.31% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has NSA 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
2013 20,000,000
2014 20,000,000
2015 65,280,000 +226.4%
2016 88,460,000 +35.51%
2017 45,775,000 -48.25%
2018 56,571,000 +23.58%
2019 114,422,000 +102.26%
2020 117,090,000 +2.33%
2021 89,763,000 -23.34%
2022 90,627,000 +0.96%
2023 141,319,000 +55.93%
2024 76,844,000 -45.62%
2025 76,746,000 -0.13%

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: 2026-01-25 02:16