National Storage Affiliates Trust (NSA) to Issue Quarterly Dividend of $0.57 on March 31st

National Storage Affiliates Trust (NYSE:NSA) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.57 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, March 13th.

National Storage Affiliates Trust has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. National Storage Affiliates Trust has a payout ratio of 268.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect National Storage Affiliates Trust to earn $2.40 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 95.0%.

National Storage Affiliates Trust Price Performance

NSA stock opened at $33.29 on Wednesday. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.25 and a current ratio of 0.25. The firm has a 50 day moving average price of $32.69 and a 200-day moving average price of $31.09. National Storage Affiliates Trust has a 52-week low of $27.43 and a 52-week high of $39.73. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 48.24 and a beta of 1.17.

National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. National Storage Affiliates Trust had a return on equity of 5.81% and a net margin of 9.80%.The company had revenue of $187.03 million for the quarter, compared to the consensus estimate of $187.24 million. During the same quarter in the prior year, the business posted $0.60 EPS. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. Equities research analysts forecast that National Storage Affiliates Trust will post 2.4 EPS for the current fiscal year.

Institutional Trading of National Storage Affiliates Trust

A number of hedge funds have recently bought and sold shares of NSA. Farther Finance Advisors LLC increased its position in shares of National Storage Affiliates Trust by 339.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 635 shares during the last quarter. Advisors Asset Management Inc. bought a new position in National Storage Affiliates Trust in the 1st quarter worth $32,000. UMB Bank n.a. lifted its position in National Storage Affiliates Trust by 650.0% during the fourth quarter. UMB Bank n.a. now owns 1,125 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 975 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in National Storage Affiliates Trust by 81.8% during the third quarter. Jones Financial Companies Lllp now owns 1,302 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 586 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in National Storage Affiliates Trust in the third quarter worth about $41,000. Hedge funds and other institutional investors own 99.97% of the company’s stock.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.