As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible.
In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...| By Marketwire . | Article Rating: |
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| January 18, 2013 05:38 PM EST | Reads: |
358 |
WAYNE, PA -- (Marketwire) -- 01/18/13 -- CubeSmart (NYSE: CUBE), a self-administered and self-managed real estate investment trust focused on self-storage facilities, announced today the tax allocations of its 2012 dividend distributions for CubeSmart Common Shares of Beneficial Interest and for CubeSmart 7.75% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest.
The 2012 distributions paid with respect to CubeSmart common stock (CUSIP #229663-109 and traded under ticker symbol CUBE) are as follows:
Record Payable Total Ordinary Total Unrecaptured Non-Taxable
Date Date Distrib- Dividend Capital Section 1250 Distribution
ution (Box 1a) Gain Gain(1) (Box (Box 3)
per Share (Box 2a) 2b)
1/5/2012 1/15/2012 $ 0.08 $ 0.065403 $ 0.011926 $ 0.009005 $ 0.002671
4/5/2012 4/16/2012 $ 0.08 $ 0.065403 $ 0.011926 $ 0.009005 $ 0.002671
7/2/2012 7/16/2012 $ 0.08 $ 0.065403 $ 0.011926 $ 0.009005 $ 0.002671
10/1/2012 10/15/2012 $ 0.08 $ 0.065403 $ 0.011926 $ 0.009005 $ 0.002671
------- ---------- ---------- ------------ ------------
$ 0.32 $ 0.261612 $ 0.047704 $ 0.036020 $ 0.010684
(1) Amounts in Box 2b are included in Box 2a.
The fourth quarter 2012 distribution made to holders of record as of January 2, 2013 for the common shares is considered a 2013 distribution for federal income tax purposes.
The return of capital percentage on common stock dividends is also reported on the CubeSmart Website at www.CubeSmart.com, pursuant to U.S. tax basis reporting required under Internal Revenue Code Section 6045B.
The 2012 distributions paid with respect to CubeSmart 7.75% Series A Cumulative Redeemable Preferred Shares (CUSIP #229663-208 and traded under ticker symbol CUBE PR A) are as follows:
Record Payable Total Ordinary Total Unrecaptured Non-Taxable
Date Date Distribut- Dividend Capital Section Distribution
ion per (Box 1a) Gain 1250 (Box 3)
Share (Box 2a) Gain(1)
(Box 2b)
1/1/2012 1/15/2012 $ 0.3929 $ 0.332306 $ 0.060594 $ 0.045755 $ 0.000000
4/1/2012 4/16/2012 $0.484375 $ 0.409674 $ 0.074701 $ 0.056407 $ 0.000000
7/2/2012 7/16/2012 $0.484375 $ 0.409674 $ 0.074701 $ 0.056407 $ 0.000000
10/1/2012 10/15/2012 $0.484375 $ 0.409674 $ 0.074701 $ 0.056407 $ 0.000000
--------- ---------- ---------- ----------- -----------
$1.846025 $ 1.561328 $ 0.284697 $ 0.214976 $ 0.000000
The fourth quarter 2012 distribution made to holders of record as of January 2, 2013 for the 7.75% Series A Cumulative Redeemable Preferred Shares is considered a 2013 distribution for federal income tax purposes.
About the Company
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 516 self-storage facilities across the United States. According to the 2012 Self Storage Almanac, CubeSmart is one of the top four owners and operators of self-storage facilities in the U.S.
The Company plans to exceed Customer expectations by adding more personalized services and technology to some of the best storage spaces around. The Company's self-storage facilities are designed to offer affordable, easily accessible, secure, and in most locations, climate-controlled storage space for residential and commercial customers, as well as boat storage and mini storage. CubeSmart® services include storage customization, logistics services, comprehensive moving services, organizational services, and office amenities.
For more information about business and personal storage or to learn more about the company and find a nearby storage facility, visit www.CubeSmart.com or call CubeSmart toll free at 800-800-1717.
Company Contact:
CubeSmart
Daniel Ruble
Investor Relations
(610) 293-5700
Published January 18, 2013 Reads 358
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The new open source cloud orchestration platform called OpenStack is the promise of flexible network virtualization, and network overlays are looking closer than ever. The vision of this platform is to enable the on-demand creation of many distinct networks on top of one underlying physical infrastructure in the cloud environment. The platform will support automated provisioning and management of large groups of virtual machines or compute resources, including extensive monitoring in the cloud.
Everyone is virtualizing, but are they realizing any of the promised savings? This overview of IBM's new virtualization optimization solutions will show you how integrated Cloud Solutions like SmartCloud Provisioning and SmartCloud Monitoring can deliver the savings virtualization promises.
Organizations are using intelligent management and analytics to provide the insight needed to optimize their virtualized infrastructure and dramatically improve availability, reduce data storage footprint...
One of the most compelling promises of the cloud is that you can pull out a credit card and be working in minutes. No purchase orders to fill out, no equipment to wait for on the loading dock. Just instant access to the resources you need, when you need them. But accessibility comes at a price, and an unintentional consequence may be that you create yet another orphaned identity silo. Enterprise IT has spent years consolidating its mishmash of directories, only to discover that cloud now threate...
Cloud computing is transforming the way businesses think about and leverage technology. As a result, the general understanding of cloud computing has come a long way in a short time. However, there are still many misconceptions about what cloud computing is and what it can do for businesses that adopt this game-changing computing model.
In his General Session at the 12th International Cloud Expo, Gene Eun, Senior Director, Oracle Cloud at Oracle, will discuss and dispel some of the common myth...
OpenStack Cells is one of the most anticipated features in Grizzly, the seventh release of the open source software that offers more block storage options and scalability. It has been running in production at Rackspace for more than a year.
In his session at the 12th International Cloud Expo, Wayne Walls, OpenStack Developer Advocate at Rackspace Hosting, will discuss nova cells and how it is changing the way you design your cloud applications and infrastructure. He will explain how OpenStack ...
"Since Cloud Expo is running the week of June 10, we thought it'd be a great idea to schedule our Meetup this week. That way, if you have colleagues, friends, or family in town that week for the Expo, you can invite them to join you!" With those words, the OpenStack New York Meetup Group's organizer's launched a landing page this week where anyone interested can register for the June 12 evening event.
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
SYS-CON Events announced today that OpenStack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. OpenStack software controls large pools of compute, storage, and networking resources throughout a datacenter, all managed by a dashboard that gives administrators control while empowering their users to provision resources through a web interface.
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