SmarterDividends
NSA

National Storage Affiliates Trust

NSA

Real Estate · Stock · quarterly payer

Forward Yield

5.31%

Annual Dividend

$2.28

Payout Ratio

304%

5-Yr Growth

11.2%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

NSA Dividend Safety Score

75/ 100
Grade B

Safe

Dividend-growth streak10 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage304% of earnings paid out
Balance-sheet strengthDebt/equity of 1.27
Yield vs its historyYield in line with its history

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 NSA a good dividend stock?

Yes

National Storage Affiliates Trust (NSA) pays a quarterly dividend yielding 5.31% ($2.28/yr), with 10 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Never cut its dividend on record
  • Strong 11.2% 5-yr dividend growth

Risks

  • Elevated payout ratio (304%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.31%
Payout Ratio
304%
Annual Dividend
$2.28
5-Yr Avg Growth
11.2%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
10
Frequency
quarterly
Beta
1.07
Market Cap
$6.3B
P/E Ratio
57.3
5-Yr Total Return
-15%
52-Week Range
$27.43 – $44.02
Dividend Safety
B · 75/100
Ever Cut?
No
NSA ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.28 / yr per share

Per payment (quarterly)$57.00
Annual$228.00
Monthly avg$19.00