National Storage REIT (ASX:NSR) Insider Purchases A$53,200.00 in Stock

National Storage REIT (ASX:NSR) insider Scott Smith acquired 25,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of A$2.13 ($1.34) per share, for a total transaction of A$53,200.00 ($33,459.12).

National Storage REIT Price Performance

The company has a debt-to-equity ratio of 487.84, a quick ratio of 0.80 and a current ratio of 1.54. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 13.16 and a beta of 0.69.

National Storage REIT Increases Dividend

The firm also recently announced a Interim dividend, which was paid on Sunday, March 2nd. Shareholders of record on Saturday, March 2nd were issued a $0.055 dividend. The ex-dividend date of this dividend was Sunday, December 29th. This represents a yield of 2.33%. This is an increase from National Storage REIT’s previous Interim dividend of $0.05. National Storage REIT’s dividend payout ratio (DPR) is 64.71%.

National Storage REIT Company Profile

National Storage is the largest self-storage provider in Australia and New Zealand, with over 225 centres providing tailored storage solutions to over 90,000 residential and commercial customers. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).