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
6.5%
Payout Ratio
N/A
Unknown
Dividend Streak
10 years
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 6.6% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield6.5%
Trailing DPS$2.28
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout58.3%
FCF SafetyAdequate
Piotroski F-Score7/9
Growth
Growth Streak10 years
3Y CAGR2.0%
5Y CAGR11.1%
Yield on Cost (5Y)6.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield6.5%
1Y Total Return-3.4%
5Y Total Return18.4%
Div Contribution (5Y)27.3%
Estimated $10K growth (return + dividends):
5Y ago$11,84210Y ago$28,31420Y ago$39,816
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.
Income Growth Story
Dividend per share and yield on cost over time (12 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
National Storage Affiliates Trust has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 58.3%, rated "Adequate".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
NSA has raised its dividend for 10 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: 6.5% dividend yield, 6.5% 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 18.4%, with dividends contributing 27.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $28,314 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$10.72
Avg/Payment$0.5360
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.5700 | — | 6.51% | 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 |
| Jun 14, 2024 | $0.5600 | — | 5.48% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: Self-Storage REITs
#1 yield in peer group
Div Yield
6.5%
#1 of 4
Safety
Unknown
— payout
Streak
10Y
11.1% 5Y CAGR
Total Shareholder
6.5%
#1 of 4
Annual Dividend History
15 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.57 | — | 1 | — | — | — | 1.7% |
| 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% |
See NSA's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
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 +6.5%. Payments are made 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 Annual.
Is NSA's dividend safe?
NSA's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +58.3%. The 10-year growth streak provides moderate confidence.
Is NSA a Dividend Achiever?
Yes, National Storage Affiliates Trust is classified as a Dividend Achiever with 10 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 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 $11,842 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 +6.5% market yield, thanks to consistent dividend growth.