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Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:08 EDTCUBECubeSmart downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded CubeSmart to Market Perform citing valuation and keeps a $16.50-$17.50 price target range for shares. The stock closed yesterday up 25c to $16.16.
News For CUBE From The Last 14 Days
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December 16, 2014
16:07 EDTCUBECubeSmart increases dividend to 16c
CubeSmart announced that its Board of Trustees declared a quarterly dividend of 16c per common share for the period ending December 31. The dividend is payable on January 15, 2015 to common shareholders of record on January 2, 2015. The quarterly distribution represents an annualized dividend rate of 64c per share, a 12c increase from the previous annual rate of 52c per share. The Board of Trustees also declared a quarterly dividend of 48.4375c per share for the 7.75% Series A Cumulative Redeemable Preferred Shares payable on January 15, 2015 to holders of record on January 2, 2015.

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