CubeSmart (CUBE) Payout Ratio (2011 - 2023)
CubeSmart's Payout Ratio was 6.92 in Q1 2023, up 402.0% from 1.38 a year earlier and up 71.8% from the prior quarter.
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Analysis
CubeSmart (CUBE) Payout Ratio (2011 - 2023) Analysis & Trends
For FY2021, Payout Ratio at CubeSmart came in at 1.23, down 20.8% from FY2020.
- In earlier years, Payout Ratio was 1.55 in FY2020 (+7.3%), 1.44 in FY2019 (+6.8%), 1.35 in FY2018 (-7.0%) and 1.45 in FY2017 (-22.3%).
- The Q1 2023 figure marks the highest quarterly Payout Ratio since Q2 2011.
- Compared with a year earlier, Payout Ratio has increased for three straight quarters, with growth averaging 84.9% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was Q1 2023 (growth of 402.0%); the worst was Q4 2021 (a decline of 20.8%).
- Per Business Quant data, CUBE's Payout Ratio in the three quarters before Q1 2023 was 4.03 (Q4 2022), 2.54 (Q3 2022) and 1.44 (Q2 2022).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 6.92 |
| Dec 31, 2022 | 4.03 |
| Sep 30, 2022 | 2.54 |
| Jun 30, 2022 | 1.44 |
| Mar 31, 2022 | 1.38 |
| Dec 31, 2021 | 1.23 |
| Sep 30, 2021 | 1.22 |
| Jun 30, 2021 | 1.47 |
| Mar 31, 2021 | 1.53 |
| Dec 31, 2020 | 1.55 |
| Sep 30, 2020 | 1.54 |
| Jun 30, 2020 | 1.57 |
| Mar 31, 2020 | 1.45 |
| Dec 31, 2019 | 1.44 |
| Sep 30, 2019 | 1.36 |
| Jun 30, 2019 | 1.32 |
| Mar 31, 2019 | 1.37 |
| Dec 31, 2018 | 1.35 |
| Sep 30, 2018 | 1.38 |
| Jun 30, 2018 | 1.38 |
API Access
CubeSmart Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=CUBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "CUBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=CUBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();