Smartstop Self Storage REIT Inc (NYSE:SMA) to Issue Monthly Dividend of $0.14

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 29th will be paid a dividend of 0.1359 per share by the healthcare company on Monday, June 15th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. This is a 3.3% increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13.

Smartstop Self Storage REIT Stock Performance

Shares of SMA stock opened at $30.95 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. Smartstop Self Storage REIT has a fifty-two week low of $29.41 and a fifty-two week high of $39.77. The stock’s 50-day moving average is $31.40 and its two-hundred day moving average is $32.03. The firm has a market cap of $1.71 billion and a P/E ratio of 206.33.

Smartstop Self Storage REIT (NYSE:SMA) last issued its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The company had revenue of $78.31 million for the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT’s revenue was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Analysts predict that Smartstop Self Storage REIT will post 2.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Smartstop Self Storage REIT

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMA. Creative Financial Designs Inc. ADV acquired a new position in Smartstop Self Storage REIT during the fourth quarter valued at approximately $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Smartstop Self Storage REIT during the third quarter valued at approximately $26,000. Beacon Capital Management Inc. bought a new stake in Smartstop Self Storage REIT during the 4th quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in Smartstop Self Storage REIT during the 4th quarter valued at approximately $27,000. Finally, Assetmark Inc. bought a new stake in Smartstop Self Storage REIT during the 4th quarter valued at approximately $31,000.

About Smartstop Self Storage REIT

Symmetry Medical Inc (Symmetry) is a medical device solutions company, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry, and other medical device markets (including but not limited to arthroscopy, dental, laparoscopy, osteobiologic, and endoscopy segments). It also manufactures specialized non-healthcare products, primarily in the aerospace industry.