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CubeSmart Announces 37.5% Increase In Quarterly Common Dividend


Monday, 10 Dec 2012 05:05pm EST 

CubeSmart announced that its Board of Trustees declared a quarterly dividend of $0.11 per common share for the period ending December 31, 2012. The dividend is payable on January 15, 2013 to common shareholders of record on January 1, 2013. The quarterly distribution represents an annualized dividend rate of $0.44 per share, a 37.5% increase from the previous annual rate of $0.32 per share. The Board of Trustees also declared a quarterly dividend of $0.484375 for the 7.75% Series A Cumulative Redeemable Preferred Shares payable on January 15, 2013 to holders of record on January 1, 2013. 

Company Quote

18.45
-0.02 -0.11%
22 Jul 2014