Granite Real Estate Investment Trust (GRT) Declares Monthly Dividend of $0.23

Granite Real Estate Investment Trust (TSE:GRT) declared a monthly dividend on Monday, December 18th, Zacks reports. Investors of record on Friday, December 29th will be paid a dividend of 0.227 per share by the real estate investment trust on Tuesday, January 16th. This represents a $2.72 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Granite Real Estate Investment Trust’s previous monthly dividend of $0.22.

Granite Real Estate Investment Trust has a 12 month low of C$30.78 and a 12 month high of C$38.97.

Granite Real Estate Investment Trust (TSE:GRT) last released its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported C$1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.82 by C$0.26.

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About Granite Real Estate Investment Trust

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.

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