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SmartStop Self Storage REIT, Inc. (NYSE:SMA) announced Thursday that its board of directors has declared a dividend for December 2025. According to a statement based on a recent SEC filing, the dividend reflects a targeted annualized rate of $1.60 per share, representing a yield of approximately 5.1% at the current share price of $31.20.
The company stated that the dividend will be paid at $0.13589041 per share of common stock. The record date for the dividend is December 31, 2025, with payment scheduled for January 15, 2026. The dividend will be distributed to stockholders of record as of the close of business on the record date. According to InvestingPro data, the stock is currently trading in oversold territory based on RSI indicators.
SmartStop Self Storage REIT is a real estate investment trust incorporated in Maryland and headquartered in Ladera Ranch, California. Its common stock is listed on the New York Stock Exchange under the ticker symbol SMA.
All information in this article is based on a press release statement included in the company’s SEC filing.
In other recent news, SmartStop Self Storage REIT Inc. reported its third-quarter 2025 earnings, revealing an adjusted funds from operations (FFO) per share of $0.47, which missed analyst expectations by 2 cents. The company experienced a same-store revenue growth of 2.5% and a same-store net operating income growth of 1.5%. Additionally, SmartStop Self Storage released its October operating metrics, showing a physical occupancy rate of 92.5% for its same store facilities, slightly up from 92.3% the previous year. However, monthly web rates decreased to $0.94 from $1.09, and monthly move-in rates fell to $0.85 from $1.04 compared to the prior year. Monthly in-place rates remained stable at $1.64. Stifel reiterated its Buy rating on SmartStop Self Storage with a price target of $40, highlighting the company’s strong market position, particularly in the Greater Toronto Area. These developments provide insight into the company’s recent performance and strategic positioning.
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