CubeSmart declared a quarterly dividend of $0.52 per share, payable on October 15, 2025, to shareholders.
Quiver AI Summary
CubeSmart announced a quarterly dividend of $0.52 per common share, which will be distributed on October 15, 2025, to shareholders recorded as of October 1, 2025. The company is a self-administered and self-managed real estate investment trust that owns or manages 1,523 self-storage properties in the United States, making it one of the top three operators in the sector according to the 2025 Self Storage Almanac. CubeSmart aims to address the organizational and logistical challenges of various life events and business needs through innovative solutions and excellent customer service, providing affordable and accessible storage options, often climate-controlled, for both residential and commercial clients. For more details or to find a storage facility, customers can visit the CubeSmart website or call their toll-free number.
Potential Positives
- CubeSmart has declared a quarterly dividend of $0.52 per common share, indicating strong financial performance and commitment to returning value to shareholders.
- The dividend payment reflects CubeSmart's status as a self-administered and self-managed real estate investment trust, showcasing its operational stability and effective management.
- CubeSmart is recognized as one of the top three owners and operators of self-storage properties in the U.S., which enhances its reputation and market position within the industry.
- The company emphasizes its mission to provide innovative solutions and unparalleled service, reinforcing its dedication to customer satisfaction and potential for growth in the self-storage market.
Potential Negatives
- Declaring a quarterly dividend may indicate that the company has limited options for reinvesting profits for growth or innovation, which can be a concern for long-term shareholders.
- The dividend amount of $0.52 per common share might be viewed as modest, potentially leading to perceptions of insufficient profitability or financial strength in comparison to competitors.
- While the company is recognized as one of the top three owners and operators of self-storage properties, relying solely on this accolade may not fully address any underlying challenges it faces in the market.
FAQ
What is the quarterly dividend declared by CubeSmart?
CubeSmart's Board of Trustees declared a quarterly dividend of $0.52 per common share.
When will the CubeSmart dividend be paid?
The dividend will be payable on October 15, 2025.
Who are the shareholders of record for the CubeSmart dividend?
Shareholders of record on October 1, 2025, will receive the dividend.
How many self-storage properties does CubeSmart manage?
CubeSmart owns or manages 1,523 self-storage properties across the United States.
What is the mission of CubeSmart?
CubeSmart's mission is to simplify organizational challenges through innovative solutions and unparalleled service.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CUBE Insider Trading Activity
$CUBE insiders have traded $CUBE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CUBE stock by insiders over the last 6 months:
- JEFFREY P FOSTER (CLO & Secretary) sold 18,616 shares for an estimated $784,986
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CUBE Hedge Fund Activity
We have seen 221 institutional investors add shares of $CUBE stock to their portfolio, and 224 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RESOLUTION CAPITAL LTD removed 3,008,124 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $128,476,976
- CAPITAL WORLD INVESTORS removed 2,944,248 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $125,748,832
- FMR LLC removed 2,775,986 shares (-20.7%) from their portfolio in Q1 2025, for an estimated $118,562,362
- BLACKROCK, INC. added 2,410,599 shares (+8.2%) to their portfolio in Q1 2025, for an estimated $102,956,683
- BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 2,258,695 shares (-87.7%) from their portfolio in Q1 2025, for an estimated $96,468,863
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,937,055 shares (+28.8%) to their portfolio in Q1 2025, for an estimated $82,731,619
- MILLENNIUM MANAGEMENT LLC added 1,276,340 shares (+129.6%) to their portfolio in Q1 2025, for an estimated $54,512,481
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CUBE Analyst Ratings
Wall Street analysts have issued reports on $CUBE in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 06/20/2025
- Truist Securities issued a "Buy" rating on 05/19/2025
- B of A Securities issued a "Buy" rating on 05/13/2025
- Keybanc issued a "Overweight" rating on 03/06/2025
- RBC Capital issued a "Outperform" rating on 03/03/2025
To track analyst ratings and price targets for $CUBE, check out Quiver Quantitative's $CUBE forecast page.
$CUBE Price Targets
Multiple analysts have issued price targets for $CUBE recently. We have seen 10 analysts offer price targets for $CUBE in the last 6 months, with a median target of $47.5.
Here are some recent targets:
- Juan Sanabria from BMO Capital set a target price of $49.0 on 06/20/2025
- Ravi Vaidya from Mizuho set a target price of $43.0 on 05/28/2025
- Ki Bin Kim from Truist Securities set a target price of $48.0 on 05/19/2025
- Brendan Lynch from Barclays set a target price of $48.0 on 05/16/2025
- Jeffrey Spector from B of A Securities set a target price of $50.0 on 05/13/2025
- Daniel Tricarico from Scotiabank set a target price of $45.0 on 05/12/2025
- Steve Sakwa from Evercore ISI Group set a target price of $47.0 on 05/02/2025
Full Release
MALVERN, Pa., July 29, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending September 30, 2025. The dividend is payable on October 15, 2025 to common shareholders of record on October 1, 2025.
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,523 self-storage properties across the United States. According to the 2025 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.
The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.
For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
CubeSmart
Josh Schutzer
Vice President, Finance
610-535-5700
