SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Instagram Outage Disrupts Thousands of U.S. Users 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
MALVERN, Pa., Jan. 18, 2018 -- CubeSmart (NYSE:CUBE), a self-administered and self-managed real estate investment trust focused on self-storage facilities, announced today the tax allocations of its 2017 distributions for CubeSmart Common Shares of Beneficial Interest.
The 2017 distributions paid with respect to CubeSmart common stock (CUSIP #229663-109 and traded under ticker symbol CUBE) are as follows:
| Record Date | Payable Date | Total Distribution per Share | Ordinary Dividend (Box 1a) | Total Capital Gain (Box 2a) | Unrecaptured Section 1250 Gain(1) (Box 2b) | Nondividend Distribution (Box 3) | |||||||||
| 1/3/2017 | 1/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 4/3/2017 | 4/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 7/3/2017 | 7/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| 10/2/2017 | 10/17/2017 | $ | 0.27 | $ | 0.233825 | $ | 0.001337 | $ | 0.000000 | $ | 0.034838 | ||||
| $ | 1.08 | $ | 0.935300 | $ | 0.005348 | $ | 0.000000 | $ | 0.139352 | ||||||
(1) Amounts in Box 2b are included in Box 2a.
The fourth quarter 2017 distribution made to holders of record as of January 2, 2018 for the common shares is considered a 2018 distribution for federal income tax purposes.
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 940 self-storage properties across the United States. According to the 2018 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.
The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers – through innovative solutions, unparalleled service, and genuine care. 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.
For more information about business and personal storage or to learn more about the Company and find a nearby storage property, visit www.CubeSmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
CubeSmart
Charles Place
Director, Investor Relations
(610) 535-5700
