CubeSmart Announces 31% Increase in Quarterly Common Dividend

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CubeSmart (CUBE) Raises Quarterly Dividend 31.3% to $0.21; 2.9% Yield

December 10, 2015 4:31 PM EST

CubeSmart (NYSE: CUBE) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. This is a 31.3% increase from the prior dividend of $0.16.

The dividend will be payable on January 15, 2016, to stockholders of record on January 4, 2016, with an ex-dividend date of December 30, 2015.

The... More