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National Storage Affiliates Trust Dividend Analysis

NSA

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Dividend57

Does National Storage Affiliates Trust (NSA) pay a dividend?

High-yield grower

Yes. National Storage Affiliates Trust (NSA) pays a dividend: $2.28 per share over the last twelve months, a dividend yield of 5.23% at the latest close.

It has raised its dividend per share for 2 years in a row, growing at 11.1% a year over the last 5 years.

Based on TTM and annual data · Not a buy/sell signal

Score Breakdown

33

Safety

40% of composite

Earnings Payout0
243.3%Stretched
FCF Coverage65
1.7xAdequate
53

Growth

35% of composite

Dividend Streak20
2YNo sustained streak
Growth Rate85
11.1%Strong compounder
100

Income

25% of composite

Cash Yield (TTM)100
5.23%High, verify safety

Composite = Safety (33) × 0.40 + Growth (53) × 0.35 + Income (100) × 0.25 = 57

Dividend Safety

Earnings Payout

243.3%

FCF Payout

59.1%

FCF Coverage

1.7x

Dividend Growth

Per Share (TTM)

$2.28

Growth Streak

2 years

5Y CAGR

11.1%

Dividend history

Dividend per share by fiscal year
Fiscal yearPer shareChange
2025$2.28+1.3%
2024$2.25+72.1%
2023$1.31-39.2%
2022$2.15+119.6%
2021$0.98-27.5%
2020$1.35+6.3%
2019$1.27+9.5%
2018$1.16+11.5%
2017$1.04+206.8%
2016$0.34+23.9%

Newest 10 of 11 fiscal years; the chart above has the full series. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.

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.

Dividend Income

Annual DPS (TTM)

$2.28

Annual Income / $10K

$523

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

National Storage Affiliates Trust (NSA) dividend: yield, safety and growth

Frequently asked

Does National Storage Affiliates Trust (NSA) pay a dividend, and how much?+

Yes, National Storage Affiliates Trust pays a regular dividend of about $2.28 per share per year (a yield of roughly 5.2%). 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 National Storage Affiliates Trust's dividend safe?+

National Storage Affiliates Trust's dividend looks covered by free cash flow, with free cash flow covering the payout about 1.7 times over. Intrinsiqq scores its dividend safety at 33 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 National Storage Affiliates Trust grown its dividend?+

National Storage Affiliates Trust has raised its dividend for about 2 years in a row. Over the past five years the dividend has grown at roughly 11.1% 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 3 Oct 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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Held by ETFs

NSA is in 23 US ETFs. The largest of them, with NSA's weight in each:

Spot a number that looks wrong? Check it in NSA's SEC filings or

Download this analysis as a PDF (Pro)

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.

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Not financial advice. Analytical data for research only.

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