National Storage REIT (ASX:NSR) Insider Scott Smith Acquires 25,000 Shares

National Storage REIT (ASX:NSRGet Free Report) insider Scott Smith bought 25,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average cost of A$2.13 ($1.35) per share, for a total transaction of A$53,200.00 ($33,670.89).

National Storage REIT Stock Performance

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

National Storage REIT Increases Dividend

The company also recently disclosed a Interim dividend, which was paid on Sunday, March 2nd. Investors of record on Saturday, March 2nd were issued a $0.055 dividend. This is a positive change from National Storage REIT’s previous Interim dividend of $0.05. This represents a yield of 2.33%. The ex-dividend date of this dividend was Sunday, December 29th. National Storage REIT’s payout ratio is currently 64.71%.

National Storage REIT Company Profile

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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).

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