SmarterDividends
CUBE

CubeSmart

CUBE

Real Estate · Stock · quarterly payer

Forward Yield

5.30%

Annual Dividend

$2.12

Payout Ratio

147%

5-Yr Growth

9.5%

Ex-Date

Jul 1, 2026

Frequency

Quarterly

CUBE Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak16 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage147% of earnings paid out
Balance-sheet strengthDebt/equity of 1.30
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CUBE a good dividend stock?

Yes, with caveats

CubeSmart (CUBE) pays a quarterly dividend yielding 5.30% ($2.12/yr), with 16 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 16 consecutive years of dividend growth
  • Strong 9.5% 5-yr dividend growth

Risks

  • Cut its dividend in 2009
  • Elevated payout ratio (147%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.30%
Payout Ratio
147%
Annual Dividend
$2.12
5-Yr Avg Growth
9.5%
Ex-Dividend Date
Jul 1, 2026
Years of Growth
16
Frequency
quarterly
Beta
1.08
Market Cap
$9.1B
P/E Ratio
28.0
5-Yr Total Return
-13%
52-Week Range
$35.09 – $44.13
Dividend Safety
B · 70/100
Ever Cut?
Yes (2009)
CUBE ex-dividend date & scheduleNext ex-date Jul 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.12 / yr per share

Per payment (quarterly)$53.00
Annual$212.00
Monthly avg$17.67