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National Storage Affiliates (NSA) will raise its quarterly dividend by 6.7 percent to $0.32 per share in 2019. This follows a 2 cent dividend increase to 30 cents in the previous year.

The next dividend is payable on June 28, 2019 to shareholders of record on June 14, 2019. A new annual rate of $1.28 per share yields 4.3% at a stock price of $30.

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 over 500 self storage properties located in 29 states.