Smartstop Self Storage REIT Inc (NYSE:SMA) Shareholders to Get $0.13 Monthly Dividend

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 30th will be paid a dividend of $0.1315 per share by the healthcare company on Tuesday, December 15th. This represents a $1.58 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, November 30th. This is a 3.2% decrease from Smartstop Self Storage REIT’s previous monthly dividend of $0.1359.

Smartstop Self Storage REIT Stock Performance

NYSE SMA opened at $37.29 on Wednesday. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.89. Smartstop Self Storage REIT has a twelve month low of $29.41 and a twelve month high of $37.52. The business has a 50-day moving average price of $33.30 and a 200-day moving average price of $32.66. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 74.00 and a beta of 0.27.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings results on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%. The business had revenue of $79.28 million during the quarter. As a group, equities research analysts predict that Smartstop Self Storage REIT will post 2.02 EPS for the current fiscal year.

About Smartstop Self Storage REIT

SmartStop Self Storage REIT, Inc (NYSE: SMA) is a self-managed real estate investment trust focused on owning, operating and acquiring self-storage properties. Its facilities provide individuals and businesses with storage units in a range of sizes, along with related services such as online reservations, electronic access and tenant protection offerings.

The company serves customers primarily in the United States and also has exposure to the Canadian self-storage market. Its portfolio includes conventional self-storage facilities and properties offering vehicle, commercial and other specialized storage options.