Trailing Dividend / Share
$2.28
National Storage Affiliates Trust (NSA) Dividend History
Income profile from 2015 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
5.0%
Payout Ratio
2.4%
Sustainable
Dividend Streak
11 years
NSA Dividend Income Check
Safety
2.4% payout ratio with sustainable safety profile.
Consistency
11 straight years of dividend increases.
Income Trend
Yield on cost is 6.6% and trend is rising.
NSA Dividend Scorecard
Yield & Income
Dividend Yield5.0%
Trailing DPS$2.28
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout2.4%
Earnings SafetySustainable
FCF Payout59.3%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak11 years
3Y CAGR2.0%
5Y CAGR11.1%
Yield on Cost (5Y)6.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield5.0%
1Y Total Return51.9%
5Y Total Return8.5%
Div Contribution (5Y)20.8%
Estimated $10K growth (return + dividends):
5Y ago$10,89410Y ago$28,80720Y ago$47,938
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NSA Income Growth Story
Dividend per share and yield on cost over time (12 years of payments)
NSA Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
National Storage Affiliates Trust distributes 2.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 59.3%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
NSA has raised its dividend for 11 consecutive years, with a 3-year CAGR of 2.0% and 5-year CAGR of 11.1%.
Total Shareholder Returns
Beyond cash dividends, NSA returns capital through share repurchases. The combined picture: 5.0% dividend yield, 5.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.6% and is currently rising. The 5-year total return is 8.5%, with dividends contributing 20.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $28,807 today.
NSA Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$10.91
Avg/Payment$0.5455
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.5700 | — | 5.08% | Jun 30, 2026 |
| Mar 13, 2026 | $0.5700 | — | 7.37% | Mar 31, 2026 |
| Dec 15, 2025 | $0.5700 | — | 7.76% | Dec 31, 2025 |
| Sep 15, 2025 | $0.5700 | — | 7.37% | Sep 30, 2025 |
| Jun 13, 2025 | $0.5700 | — | 6.88% | Jun 30, 2025 |
| Mar 14, 2025 | $0.5700 | — | 6.16% | Mar 31, 2025 |
| Dec 13, 2024 | $0.5700 | ↑ +1.8% | 5.43% | Dec 31, 2024 |
| Sep 13, 2024 | $0.5600 | — | 4.70% | Sep 30, 2024 |
NSA Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
5.0%
#4 of 9
Safety
Sustainable
2.4% payout
Streak
11Y
11.1% 5Y CAGR
Total Shareholder
5.0%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NSANational Storage Aff… | $3.5B | 5.0% | 2.4% | 11 | Sustainable |
 PSAPublic Storage | $57.7B | 4.0% | 1.3% | 0 | Sustainable |
 EXRExtra Space Storage … | $31.2B | 4.4% | 1.4% | 0 | Sustainable |
2nd  CUBECubeSmart | $9.3B | 5.1% | 1.4% | 1 | Sustainable |
 SSTSystem1, Inc. | $26M | 0.2% | — | 1 | Unknown |
1st  SELFGlobal Self Storage,… | $59M | 5.7% | 1.6% | 0 | Sustainable |
3rd  NNNNNN REIT, Inc. | $9.0B | 5.0% | 1.1% | 36 | Sustainable |
 SPGSimon Property Group… | $73.8B | 3.8% | 60.5% | 4 | Watch |
 URIUnited Rentals, Inc. | $66.2B | 0.7% | 18.6% | 3 | Sustainable |
NSA Annual Dividend History (2012–2026)
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.14 | — | 2 | — | — | — | 3.3% |
| 2025 | $2.28 | 1.3% | 4 | $0.70 | 325.7% | 0.31x | 6.6% |
| 2024 | $2.25 | 0.9% | 4 | $1.18 | 190.7% | 0.52x | 6.5% |
| 2023 | $2.23 | 3.7% | 4 | $1.48 | 150.7% | 0.66x | 6.5% |
| 2022 | $2.15 | 35.2% | 4 | $0.99 | 217.2% | 0.46x | 6.2% |
| 2021 | $1.59 | 17.8% | 4 | $1.09 | 145.9% | 0.69x | 4.6% |
| 2020 | $1.35 | 6.3% | 4 | $0.53 | 254.7% | 0.39x | 3.9% |
| 2019 | $1.27 | 9.5% | 4 | $1.13 | 112.4% | 0.89x | 3.7% |
| 2018 | $1.16 | 11.5% | 4 | $0.26 | 446.2% | 0.22x | 3.4% |
| 2017 | $1.04 | 18.2% | 4 | $0.01 | 10400.0% | 0.01x | 3.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
11+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
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NSA — Frequently Asked Questions
Quick answers to the most common questions about buying NSA stock.
How much dividend does NSA pay per share?
National Storage Affiliates Trust (NSA) pays a trailing 12-month dividend of $2.28 per share, with a current dividend yield of +5.0%. Payments are made Semi-Annual.
When is NSA's next ex-dividend date?
NSA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NSA typically pays dividends Semi-Annual.
Is NSA's dividend safe?
NSA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.4% and FCF payout ratio of +59.3%. With 11 consecutive years of dividend growth, the track record supports sustainability.
Is NSA a Dividend Achiever?
Yes, National Storage Affiliates Trust is classified as a Dividend Achiever with 11 consecutive years of dividend increases. The 5-year dividend CAGR is +11.1%, demonstrating above-inflation dividend growth.
How often does NSA pay dividends?
National Storage Affiliates Trust pays dividends Semi-Annual. The trailing 12-month total is $2.28 per share. Dividend data on this page covers 11+ years from 2015 to 2026.
How much would $10,000 invested in NSA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NSA five years ago would be worth approximately $10,894 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NSA's yield on cost for long-term holders?
NSA's yield on cost — the current dividend divided by the original purchase price — is +6.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.0% market yield, thanks to consistent dividend growth.