MALVERN, PA--(Marketwired - January 20, 2016) - CubeSmart (
The 2015 distributions paid with respect to CubeSmart common stock (CUSIP #229663-109 and traded under ticker symbol CUBE) are as follows:
Record Date | Payable Date |
Total Distribution per Share |
Ordinary Dividend (Box 1a) |
Total Capital Gain (Box 2a) |
Unrecaptured Section 1250 Gain (1) (Box 2b) |
Non-Taxable Distribution (Box 3) |
|||||||||||
1/2/2015 | 1/15/2015 | $ | 0.16 | $ | 0.152102 | $ | 0.008798 | $ | 0.001145 | $ | 0.000000 | ||||||
4/1/2015 | 4/15/2015 | $ | 0.16 | $ | 0.152102 | $ | 0.008798 | $ | 0.001145 | $ | 0.000000 | ||||||
7/1/2015 | 7/15/2015 | $ | 0.16 | $ | 0.152102 | $ | 0.008798 | $ | 0.001145 | $ | 0.000000 | ||||||
10/1/2015 | 10/15/2015 | $ | 0.16 | $ | 0.152102 | $ | 0.008798 | $ | 0.001145 | $ | 0.000000 | ||||||
$ | 0.64 | $ | 0.604808 | $ | 0.035192 | $ | 0.004580 | $ | 0.000000 | ||||||||
- Amounts in Box 2b are included in Box 2a.
The fourth quarter 2015 distribution made to holders of record as of January 4, 2016 for the common shares is considered a 2016 distribution for federal income tax purposes.
The 2015 distributions paid with respect to CubeSmart 7.75% Series A Cumulative Redeemable Preferred Shares (CUSIP #229663-208 and traded under ticker symbol CUBE PR A) are as follows:
Record Date | Payable Date |
Total Distribution per Share |
Ordinary Dividend (Box 1a) |
Total Capital Gain (Box 2a) |
Unrecaptured Section 1250 Gain (1) (Box 2b) |
Non-Taxable Distribution (Box 3) |
|||||||||||
1/2/2015 | 1/15/2015 | $ | 0.484375 | $ | 0.457741 | $ | 0.026634 | $ | 0.003467 | $ | 0.000000 | ||||||
4/1/2015 | 4/15/2015 | $ | 0.484375 | $ | 0.457741 | $ | 0.026634 | $ | 0.003467 | $ | 0.000000 | ||||||
7/1/2015 | 7/15/2015 | $ | 0.484375 | $ | 0.457741 | $ | 0.026634 | $ | 0.003467 | $ | 0.000000 | ||||||
10/1/2015 | 10/15/2015 | $ | 0.484375 | $ | 0.457741 | $ | 0.026634 | $ | 0.003467 | $ | 0.000000 | ||||||
$ | 1.937500 | $ | 1.830964 | $ | 0.106536 | $ | 0.013868 | $ | 0.000000 | ||||||||
- Amounts in Box 2b are included in Box 2a.
The fourth quarter 2015 distribution made to holders of record as of January 4, 2016 for the 7.75% Series A Cumulative Redeemable Preferred Shares is considered a 2016 distribution for federal income tax purposes.
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 678 self-storage facilities across the United States. According to the 2016 Self Storage Almanac, CubeSmart is one of the top four owners and operators of self-storage facilities in the U.S.
The Company's mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its Customers -- through innovative solutions, unparalleled service, and genuine care. The Company's self-storage facilities are designed to offer affordable, easily accessible, secure, and, in most locations, climate-controlled storage space for residential and commercial customers.
For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.CubeSmart.com or call CubeSmart toll free at 800-800-1717.
Contact Information:
Company Contact:
CubeSmart
Charles Place
Director, Investor Relations
(610) 535-5700