CubeSmart
CUBEReal Estate · Stock · quarterly payer
Forward Yield
5.06%
Annual Dividend
$2.12
Payout Ratio
147%
5-Yr Growth
9.4%
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of July 2026, CubeSmart (CUBE) yields 5.06% ($2.12 per share annually), with a blended fair-value estimate of $29.85 — -29% downside, so it screens as overvalued. Dividend safety grade: B (73/100). 15 years of dividend growth.
Is CUBE a good dividend stock?
Yes, with caveatsCubeSmart (CUBE) pays a quarterly dividend yielding 5.06% ($2.12/yr), with 15 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 15 consecutive years of dividend growth
- Strong 9.4% 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
- 5.06%
- Payout Ratio
- 147%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 9.4%
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 1.08
- Market Cap
- $9.5B
- P/E Ratio
- 29.3
- 5-Yr Total Return
- -22%
- 52-Week Range
- $35.09 – $42.90
- Dividend Safety
- B · 73/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
CUBE Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+0%
5 Years
-22%
52-Week Range
$35.09 – $42.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CUBE worth?
Overvaluedlow confidenceOur blended fair-value estimate for CubeSmart is $29.85 per share, versus a market price of $41.89. That implies 29% of downside.
Fair Value
$29.85
Current Price
$41.89
Downside
-29%
Margin of Safety
-40%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.7% discount rate (CAPM), 2.3% stage-1 growth, 2.5% terminal growth, $1.43 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CUBE Dividend Safety Score
Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.5300 | regular |
| Apr 1, 2026 | — | $0.5300 | regular |
| Jan 2, 2026 | — | $0.5300 | regular |
| Oct 1, 2025 | — | $0.5200 | regular |
| Jul 1, 2025 | — | $0.5200 | regular |
| Apr 1, 2025 | — | $0.5200 | regular |
| Jan 2, 2025 | — | $0.5200 | regular |
| Oct 1, 2024 | — | $0.5100 | regular |
| Jul 1, 2024 | — | $0.5100 | regular |
| Mar 28, 2024 | — | $0.5100 | regular |
| Dec 29, 2023 | — | $0.5100 | regular |
| Sep 29, 2023 | — | $0.4900 | regular |
| Jun 30, 2023 | — | $0.4900 | regular |
| Mar 31, 2023 | — | $0.4900 | regular |
Income Calculator
At $2.12 / yr per share
