MALVERN, PA — CubeSmart (NYSE: CUBE) this week announced the tax allocations of its 2023 distributions for CubeSmart Common Shares of Beneficial Interest.
The 2023 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) |
Section 897 Capital Gains (Box 2f) |
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| 1/3/2023 | 1/17/2023 | $ | 0.49 | $ | 0.490000 | $ | 0.000000 | $ | 0.000000 | $ | 0.000000 | $ | 0.490000 | $ | 0.000000 | ||||||||
| 4/3/2023 | 4/17/2023 | $ | 0.49 | $ | 0.490000 | $ | 0.000000 | $ | 0.000000 | $ | 0.000000 | $ | 0.490000 | $ | 0.000000 | ||||||||
| 7/3/2023 | 7/17/2023 | $ | 0.49 | $ | 0.490000 | $ | 0.000000 | $ | 0.000000 | $ | 0.000000 | $ | 0.490000 | $ | 0.000000 | ||||||||
| 10/2/2023 | 10/16/2023 | $ | 0.49 | $ | 0.490000 | $ | 0.000000 | $ | 0.000000 | $ | 0.000000 | $ | 0.490000 | $ | 0.000000 | ||||||||
| $ | 1.96 | $ | 1.960000 | $ | 0.000000 | $ | 0.000000 | $ | 0.000000 | $ | 1.960000 | $ | 0.000000 | ||||||||||
- Amounts in Box 2b are included in Box 2a.
- Amounts in Box 5 are included in Box 1a.
The fourth quarter 2023 distribution made to holders of record of common shares as of January 2, 2024 is considered a 2024 distribution for federal income tax purposes.
Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests.”
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