CubeSmart Announces Tax Allocations of 2019 Distributions

MALVERN, Pa., Jan. 22, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today the tax allocations of its 2019 distributions for CubeSmart Common Shares of Beneficial Interest.

The 2019 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)			Section 199A Dividend(2) (Box 5)
1/2/2019		1/15/2019		$	0.32		$	0.250921		$	0.016663		$	0.005247		$	0.052416		$	0.250921
4/1/2019		4/15/2019		$	0.32		$	0.250921		$	0.016663		$	0.005247		$	0.052416		$	0.250921
7/1/2019		7/15/2019		$	0.32		$	0.250921		$	0.016663		$	0.005247		$	0.052416		$	0.250921
10/1/2019		10/15/2019		$	0.32		$	0.250921		$	0.016663		$	0.005247		$	0.052416		$	0.250921
				$	1.28		$	1.003684		$	0.066652		$	0.020988		$	0.209664		$	1.003684
(1) Amounts in Box 2b are included in Box 2a.
(2) Amounts in Box 5 are included in Box 1a.

The fourth quarter 2019 distribution made to holders of record of common shares as of January 2, 2020 is considered a 2020 distribution for federal income tax purposes.