National Storage (NSA) has announced a quarterly dividend of $0.570 per share, with the ex-dividend date set for Jun 13, 2025, and the payment date scheduled for Jun 30, 2025. This dividend is higher than the average of the last 10 dividends, which stood at $0.376 per share. The dividend type is cash distribution. Previously, the company paid a dividend of $0.570 per share on Mar 31, 2025, also categorized as a cash distribution.
Recently,
Affiliates Trust has been the focus of various reports and analyses. Over the past week, the stock has received attention following a series of analyst updates.
adjusted their price objective from $42.00 to $41.00, while
revised it from $40.00 to $38.00, setting an "underweight" rating. Meanwhile,
assigned a "hold" rating with a $37.00 price target. As of late, the stock has been subject to mixed recommendations, with 11 hold ratings and 4 sell ratings, resulting in an average analyst price target of $37.200. Additionally, Millennium Management LLC has reduced its holdings, with the stock opening at $33.43 recently. The company has experienced a downward trend, with its shares currently at $33.56, a decrease from the previous week.
National Storage Affiliates Trust continues to be influenced by recent developments. Since the last update, the company reported quarterly earnings on May 5th, 2025, with a revenue of $188.35 million, slightly above analyst expectations. However, the EPS of $0.54 fell short of the $0.56 consensus. Over the past week, the company's performance reflects a net margin of 20.590%. The real estate investment trust remains focused on expanding its operations across major metropolitan areas in the United States, with a portfolio comprising 1,050 self-storage properties. The firm maintains a dividend payout ratio of 386.440%, with its dividend yield currently at 6.790%.
In conclusion, investors should note that the ex-dividend date for National Storage is Jun 13, 2025. This date marks the last opportunity for investors to purchase shares and be eligible for the forthcoming dividend. Any acquisitions occurring post the ex-dividend date will not qualify for this dividend payout.
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