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MALVERN, Pa., Jan. 18, 2018 -- CubeSmart (NYSE:CUBE), a self-administered and self-managed real estate investment trust focused on self-storage facilities, announced today the tax allocations of its 2017 distributions for CubeSmart Common Shares of Beneficial Interest.
The 2017 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) | |||||||||
| 1/3/2017 | 1/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 4/3/2017 | 4/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 7/3/2017 | 7/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 10/2/2017 | 10/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| $ | 1.08 | $ | 0.935300 | $ | 0.005348 | $ | 0.000000 | $ | 0.139352 | ||||||
(1) Amounts in Box 2b are included in Box 2a.
The fourth quarter 2017 distribution made to holders of record as of January 2, 2018 for the common shares is considered a 2018 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 940 self-storage properties across the United States. According to the 2018 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
