National Storage Affiliates Trust Announces Third Increase in Quarterly Common Dividend This Year
GREENWOOD VILLAGE, CO - Nov. 18, 2021
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust (“NSA” or the "Company") (NYSE: NSA), announced that its Board of Trustees today declared regular cash dividends for the fourth quarter 2021 payable on December 30, 2021 to shareholders of record on December 15, 2021 on the following securities:
- a dividend of $0.45 per common share, representing an annualized dividend rate of $1.80. The new rate represents a 28.6% increase from the fourth quarter 2020 and a 9.8% increase from the previous quarter this year.
- a dividend of $0.375 per share on the Company’s 6.000% Series A Cumulative Redeemable Preferred Shares.
Tamara Fischer, President and Chief Executive Officer, commented, “We are pleased to raise our dividend for the third time this year, representing an almost 30% increase from last year’s fourth quarter rate. The powerful combination of internal and external growth facilitated by our differentiated PRO structure continues to deliver robust returns for shareholders.”
Upcoming Industry Conferences
NSA management is scheduled to participate in the UBS Global Real Estate CEO/CFO Conference 2021, November 30 – December 2, 2021 and the Jefferies Real Estate Conference, December 15 – 16, 2021.
About National Storage Affiliates Trust
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2021, the Company held ownership interests in and operated 940 self storage properties located in 38 states and Puerto Rico with approximately 60.4 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000 Index of Companies and the S&P MidCap 400 Index.
National Storage Affiliates Trust
Investor/Media Relations
George Hoglund, CFA
Vice President - Investor Relations
720.630.2160
ghoglund@nsareit.net
Source: National Storage Affiliates Trust
Released November 18, 2021
View original content: Businesswire
National Storage Affiliates Trust
Symbol: NSA
CIK: 1618563
Exchange: NYSE
Founded: 2013 (11 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Self Storage
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
Latest Price: $40.75
High: $40.86
Low: $40.34
Open: $40.74
Previous Close: $40.74
Volume: 374,057
52-Week High: $42.95
52-Week Low: $26.68
Last updated: 2024-11-23 - v1.3