National Storage Affiliates Trust hikes dividend by 11.1%

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by 10 percent to 55 cents per share. This is the second dividend announced in 2022 by NSA. The next regular cash dividends for the second quarter 2022 payable on June 30, 2022 to shareholders of record on June 15, 2022. 

National Storage Affiliates Trust is a real estate investment trust focused on the ownership, operation and acquisition of self-storage properties located within metropolitan areas throughout the United States. The company owns and operates self storage properties located in the United States and Puerto Rico. The properties are managed with a local operational focus by NSA and its participating regional operators (PROs). National Storage went public in 2015 and has increased its dividend every year since. The company was co-founded by CEO Arlen D. Nordhagen in 1998 as SecurCare Self Storage.