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Cubesmart dividend history

Cubesmart's dividend was $2.09 a share in fiscal 2025, up 2.0% on the year before. That was 142.7% of net income. It has raised its dividend per share every year since fiscal 2017, as far back as our figures go.

Dividends, buybacks and capital spending

Dividends (TTM)
$481M
Returned to shareholders
134%
of free cash flow
Diluted share count
−0.6%
year over year
Total shareholder yield
4.9%
dividends 4.9% + buybacks 0.0% of market value
Dividend payout ratio
139%
of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Dividend per share$1.11$1.22$1.29$1.33$1.45$1.78$1.98$2.05$2.09—
Dividend per share growth—+9.9%+5.7%+3.1%+9.0%+22.8%+11.2%+3.5%+2.0%—
Dividends paid195221244256274387442462476481
Share buybacks————————32—
Dividends ÷ net income145.2%135.0%144.2%154.7%122.5%132.9%107.7%118.0%142.7%139.1%
Dividends ÷ free cash flow92.3%288.1%114.2%————78.4%78.3%—

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

  • CubeSmart Declares Third Quarter 2026 Dividend Source

Compare with peers

Head to head: CUBE vs EXRCUBE vs SMACUBE vs PSACUBE vs SELF

More: Self-Storage REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Cubesmart's SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cubesmart.