CubeSmart Announces 2.0% Increase in Quarterly Common Dividend
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CubeSmart has announced a 2.0% increase in its quarterly common dividend, now set at $0.52 per share, payable on January 16, 2025, to shareholders of record on January 2, 2025.
December 13, 2024 | 10:30 pm
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CubeSmart has increased its quarterly dividend by 2.0% to $0.52 per share, indicating a positive outlook and potential attractiveness to income-focused investors.
The increase in the dividend suggests that CubeSmart is performing well financially and is confident in its cash flow. This move is likely to attract income-focused investors, potentially driving up the stock price in the short term.
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