How To Put $100 In Your Retirement Fund Each Month With CubeSmart Stock

CubeSmart CUBE is a self-administered and self-managed REIT. 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.

It will report its Q1 2025 earnings on April 24. Wall Street analysts expect the company to post EPS of $0.65, up from $0.64 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $263.65 million, up from $261.41 million a year earlier.

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The 52-week range of CubeSmart stock price was $39.80 to $55.14.

CubeSmart dividend yield is 4.90%. It paid $2.08 per share in dividends during the last 12 months.

The Latest On CubeSmart

On Feb. 27, the company announced its Q4 2024 earnings, posting adjusted EPS of $0.45, compared to the consensus estimate of $0.46, and revenues of $231.40 million, compared to the consensus of $266.395 million, as reported by Benzinga.

"Looking forward to 2025, we are optimistic that we have reached an inflection point in the trend of decelerating growth rates, although we remain cautious given the macro uncertainty. Our expectation is that self-storage fundamentals in 2025 will be consistent with the last two years as there is no obvious catalyst for a sharp acceleration," CEO Christopher P. Marr said.

Check out this article by Benzinga for five analysts' insights on CubeSmart.

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How Can You Earn $100 Per Month As A CubeSmart Investor?

If you want to make $100 per month — $1,200 annually — from CubeSmart dividends, your investment value needs to be approximately $24,490, which is around 577 shares at $42.46 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (4.90% in this case). So, $1,200 / 0.049 = $24,490 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find CubeSmart stock an attractive option for making a steady income of $100 per month by owning 577 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. CubeSmart has raised its dividend consecutively for the last 15 years. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

You Can Profit From Real Estate Without Being A Landlord

Real estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.