The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

CubeSmart Leads Self-Storage Niche In Dividend Growth

Self-storage company CubeSmart (CUBE) has been increasing its dividend since early 2011. The quarterly dividend payout rose from 2.5 cents a share in 2010 to 13 cents a share in January and April. This gives CubeSmart the best dividend growth rate among the self-storage stocks, but it carries an asterisk. CubeSmart slashed its dividend twice during the recession.

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