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

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

CubeSmart Announces 31% Increase in Quarterly Common Dividend

December 10, 2015 4:30 PM EST

MALVERN, PA -- (Marketwired) -- 12/10/15 -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.21 per common share for the period ending December 31, 2015. The dividend is payable on January 15, 2016 to common shareholders of record on January 4, 2016. The quarterly distribution represents an annualized dividend rate of $0.84 per share, a $0.20 increase from the previous annual rate of $0.64 per share. The Board of Trustees also declared a quarterly... More