StorageVault Canada raises Q4 dividend to CAD 0.003051 per StorageVault Canada stock
Published on 10/29/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDividend and analyst targets
- StorageVault increased its fourth-quarter dividend by 0.5 percent on October 21, 2026.
- Third-quarter NOI reached CAD 64.5 million, versus CAD 60.2 million a year earlier.
- ATB Cormark cut its target to CAD 5.15 on October 23, 2026.
StorageVault Canada (ISIN CA86212H1055) raised its fourth-quarter dividend to CAD 0.003051 per common share on October 21, 2026. The increase followed third-quarter revenue of CAD 94.2 million and year-to-date revenue growth of 9.0 percent, according to StorageVault Canada.
Quarterly growth meets a loss
The September 30, 2026 quarter combined operating growth with a weaker bottom line. Revenue increased from CAD 88.5 million in the comparable quarter, while net loss reached CAD 6.4 million after net income of CAD 20.5 million a year earlier, according to MarketScreener. The company attributed the loss to non-cash and non-recurring items including CAD 30.9 million of depreciation and amortization.
What does the dividend mean?
Funds from operations rose to CAD 27.2 million from CAD 25.3 million in the third quarter, while adjusted funds from operations reached CAD 28.9 million from CAD 27.2 million. That mix gives the distribution increase an operating cash-flow context, although the reported net loss remains a counterweight.
StorageVault's recent expansion also provides a longer chronology. On July 28, 2026, the company agreed to acquire four Ontario self-storage properties for CAD 81.6 million, according to MarketScreener. On August 25, 2026, StorageVault agreed to acquire three Greater Toronto Area properties for CAD 71.25 million, and on October 21, 2026, it reported the quarter and increased the dividend, as reported by MarketScreener.
Targets remain above the quote
ATB Cormark lowered its target from CAD 6.00 to CAD 5.15 while keeping an outperform rating on October 23, 2026, according to MarketBeat. Desjardins also cut its target from CAD 6.00 to CAD 5.25 on the same date and maintained a buy rating, according to MarketBeat. The next clearly dated operating reference is the September 30, 2026 reporting period disclosed with the October 21 results.
Stock indication in euros
StorageVault Canada was trading at EUR 2.63 at Lang & Schwarz on October 29, 2026 at 1:08 p.m. CET. The primary listing is on the Toronto Stock Exchange, where the October 28, 2026 quote was CAD 4.09 and the 52-week range was CAD 4.01 to CAD 5.39. The further course of trading is shown by the continuously updated real-time quote of StorageVault Canada stock.
StorageVault Canada stock facts
- Company: StorageVault Canada Inc.
- ISIN: CA86212H1055
- Ticker: SVI
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 29, 2026, 1:08 p.m. CET): EUR 2.63
- Market capitalization: CAD 1.5 billion (as of October 28, 2026)
- 52-week range: CAD 4.01-5.39 (as of October 28, 2026)
- Sector / Industry: Real Estate Development and Operations
Market context: Market report S&P/TSX Composite.
