The board of trustees for CubeSmart, a self-storage real estate investment trust, declared a quarterly dividend of $0.08 per common share for the period ending Sept. 30. The dividend is payable on Oct. 15 to common shareholders of record on Oct. 1.
The board also declared a quarterly dividend of $0.484375 for the 7.75 percent Series A Cumulative Redeemable Preferred Shares, payable on Oct. 15 to holders of record on Oct. 1.
CubeSmart owns or manages 511 self-storage facilities nationwide and operates the CubeSmart Network, which consists of approximately 850 additional facilities.
- Marketwire: CubeSmart Declares Third Quarter 2012 Dividend