Granite Real Estate (TSE:GRT) to Issue $0.23 Monthly Dividend

Granite Real Estate (TSE:GRT) declared a monthly dividend on Monday, August 19th, Zacks reports. Investors of record on Friday, August 30th will be paid a dividend of 0.233 per share by the real estate investment trust on Monday, September 16th. This represents a $2.80 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, August 29th.

Granite Real Estate has a fifty-two week low of C$30.78 and a fifty-two week high of C$38.97.

Separately, Desjardins reiterated a “hold” rating on shares of Granite Real Estate in a report on Tuesday, April 30th.

About Granite Real Estate

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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Dividend History for Granite Real Estate (TSE:GRT)

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