CubeSmart Announces Tax Allocations of 2022 Distributions

CubeSmart

MALVERN, PA — CubeSmart (NYSE: CUBE) the week announced the tax allocations of its 2022 distributions for CubeSmart Common Shares of Beneficial Interest.

The 2022 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)
1/3/2022 1/18/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428
4/1/2022 4/18/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428
7/1/2022 7/15/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428
10/3/2022 10/17/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428
$ 1.72 $ 1.526288 $ 0.193712 $ 0.006304 $ 0.000000 $ 1.526288 $ 0.193712
(1) Amounts in Box 2b are included in Box 2a.
(2) Amounts in Box 5 are included in Box 1a.

The fourth quarter 2022 distribution made to holders of record of common shares as of January 3, 2023, is considered a 2023 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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