CubeSmart (CUBE) Dividend Analysis
Does CubeSmart (CUBE) pay a dividend?
Yes. CubeSmart (CUBE) pays a dividend: $2.10 per share over the last twelve months, a dividend yield of 5.30% at the latest close.
It has raised its dividend per share for at least 16 years in a row (every year of the history we hold), growing at 9.5% a year over the last 5 years.
Computed from SEC filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2025 | $2.09 | +2.0% |
| 2024 | $2.05 | +3.5% |
| 2023 | $1.98 | +11.2% |
| 2022 | $1.78 | +22.8% |
| 2021 | $1.45 | +9.0% |
| 2020 | $1.33 | +3.1% |
| 2019 | $1.29 | +5.7% |
| 2018 | $1.22 | +9.9% |
| 2017 | $1.11 | +23.3% |
| 2016 | $0.90 | +30.4% |
Newest 10 of 17 fiscal years; the chart below has the full series. Figures are adjusted for stock splits, so a fall is a cut.
FCF does not fully cover the dividend, sustainability is a concern, growth streak of at least 16 years signals strong commitment.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (0) × 0.40 + Growth (93) × 0.35 + Income (100) × 0.25 = 58
Dividend Yield
5.30%
Per Share (TTM)
$2.10
Payout Ratio
146.1%
5Y CAGR
9.5%
Dividend Safety
Earnings Payout
146.1%
FCF Payout
—
FCF Coverage
-0.9x
Dividend Growth
Per Share (TTM)
$2.10
Growth Streak
16+ years
5Y CAGR
9.5%
Dividend Income
Annual DPS (TTM)
$2.10
Annual Income / $10K
$530
Payment frequency, ex-dividend and payment dates are not available from SEC filings. Check your broker or the company's investor relations page for the schedule.
Yield History
CubeSmart (CUBE) dividend: yield, safety and growth
Frequently asked
Does CubeSmart (CUBE) pay a dividend, and how much?+
Yes, CubeSmart pays a regular dividend of about $2.10 per share per year (a yield of roughly 5.3%). A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is CubeSmart's dividend safe?+
CubeSmart's dividend looks not currently covered by free cash flow, with free cash flow covering the payout about -0.9 times over. Intrinsiqq scores its dividend safety at 0 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has CubeSmart grown its dividend?+
CubeSmart has raised its dividend for at least 16 years in a row, the full span of the dividend history we hold. Over the past five years the dividend has grown at roughly 9.5% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
SourceDividend analysis computed from the 10-Q filed 1 May 2026, covering the period ending 31 Mar 2026, as reported to the SEC. Data last refreshed 1 Aug 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.