Is National Storage Affiliates Trust a good dividend stock?

National Storage Affiliates Trust (NSA) is a dividend-paying stock with a current dividend yield of 5.03%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is NSA's dividend yield?

The dividend yield for NSA stock is currently 5.03%.

How much does NSA pay in dividends per year?

National Storage Affiliates Trust pays an annual dividend of $2.2800 per share over the trailing twelve months.

How often does NSA pay dividends?

NSA stock pays dividends quarterly.

Is NSA's dividend growing?

National Storage Affiliates Trust's 3-year dividend CAGR is 1.04%.

NSA Stock Price, Chart, Stats & News

National Storage Affiliates Trust

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Overview Dividend safety Dividends Fundamentals

National Storage Affiliates Trust (NSA) is a dividend-paying stock with a current dividend yield of 5.03% as of Jun 29, 2026. It pays $2.28 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 9.93% 5-year compound annual rate.

3.50B

Market cap

20.07x

Current P/E

74.07x

Forward P/E

5.03%

Dividend yield

$2.28

NSA dividend

Dividend safety

At-risk

NSA pays out about 101% of earnings, leaving little safety margin.

See the safety analysis

NSA chart

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Fundamentals

Gross margin	45.96%
Operating margin	37.01%
Pretax margin	15.85%
Net margin	9.80%
Effective tax rate	2.60%
ROA	1.45%
ROE	7.46%
D/E	3.62x
Interest coverage ratio	2.29x

All financials

NSA valuation

P/E	20.07x
P/S	3.79x
P/B	3.02x
P/CF	8.43x
P/FCF	9.52x
P/OCF	8.43x
PEG	2.62x
EV multiple	-1.17x

About

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self-storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage properties, located in 37 states and Puerto Rico with approximately 69.8 million rentable square feet. NSA is one of the largest owners and operators of self-storage properties among public and private companies in the United States.