• CubeSmart Announces Tax Allocations of 2019 Distributions

    المصدر: Nasdaq GlobeNewswire / 22 يناير 2020 16:05:10   America/New_York

    MALVERN, Pa., Jan. 22, 2020 (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 2019 distributions for CubeSmart Common Shares of Beneficial Interest.

    The 2019 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)
     
                        
    1/2/2019 1/15/2019 $  0.32 $  0.250921 $  0.016663 $  0.005247 $  0.052416 $  0.250921 
    4/1/2019 4/15/2019 $  0.32 $  0.250921 $  0.016663 $  0.005247 $  0.052416 $  0.250921 
    7/1/2019 7/15/2019 $  0.32 $  0.250921 $  0.016663 $  0.005247 $  0.052416 $  0.250921 
    10/1/2019 10/15/2019 $  0.32 $  0.250921 $   0.016663 $   0.005247 $  0.052416 $  0.250921 
        $  1.28 $  1.003684 $  0.066652 $  0.020988 $  0.209664 $  1.003684 
     
    (1) Amounts in Box 2b are included in Box 2a. 
    (2) Amounts in Box 5 are included in Box 1a.

    The fourth quarter 2019 distribution made to holders of record of common shares as of January 2, 2020 is considered a 2020 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 1,191 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:                                   
    CubeSmart
    Charles Place
    Director, Investor Relations
    (610) 535-5700

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