MALVERN, Pa., Jan. 20, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today the tax allocations of its 2020 distributions for CubeSmart Common Shares of Beneficial Interest.
The 2020 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)
|
Nondividend
Distribution
(Box 3)
|
Section 199A
Dividend(2)
(Box 5)
|
| |
|
|
|
|
|
|
|
| 1/2/2020 |
1/15/2020 |
$ |
0.33 |
|
$ |
0.244773 |
|
$ |
0.007057 |
|
$ |
0.001958 |
|
$ |
0.078170 |
|
$ |
0.244773 |
|
| 4/1/2020 |
4/15/2020 |
$ |
0.33 |
|
$ |
0.244773 |
|
$ |
0.007057 |
|
$ |
0.001958 |
|
$ |
0.078170 |
|
$ |
0.244773 |
|
| 7/1/2020 |
7/15/2020 |
$ |
0.33 |
|
$ |
0.244773 |
|
$ |
0.007057 |
|
$ |
0.001958 |
|
$ |
0.078170 |
|
$ |
0.244773 |
|
| 10/1/2020 |
10/15/2020 |
$ |
0.33 |
|
$ |
0.244773 |
|
$ |
0.007057 |
|
$ |
0.001958 |
|
$ |
0.078170 |
|
$ |
0.244773 |
|
| |
|
$ |
1.32 |
|
$ |
0.979092 |
|
$ |
0.028228 |
|
$ |
0.007832 |
|
$ |
0.312680 |
|
$ |
0.979092 |
|
(1) Amounts in Box 2b are included in Box 2a.
(2) Amounts in Box 5 are included in Box 1a.
The fourth quarter 2020 distribution made to holders of record of common shares as of January 4, 2021 is considered a 2021 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 1,238 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties 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 properties are designed to offer affordable, easily accessible, 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 property, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
Josh Schutzer
Senior Director, Finance
(610) 535-5700
Source: CubeSmart