Simone Haslinger Purchases 30,000 Shares of National Storage REIT (ASX:NSR) Stock

National Storage REIT (ASX:NSR) insider Simone Haslinger bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average price of A$2.08 ($1.31) per share, with a total value of A$62,400.00 ($39,245.28).

National Storage REIT Price Performance

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

National Storage REIT Increases Dividend

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

About National Storage REIT

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).