Granite Real Estate Investment Trust (GRT) Increases Dividend to $0.23 Per Share
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 given a dividend of 0.227 per share by the real estate investment trust on Tuesday, January 16th. This represents a $2.72 annualized dividend and a yield of Infinity. The ex-dividend date is Thursday, December 28th. This is a boost from Granite Real Estate Investment Trust’s previous monthly dividend of $0.22.
Granite Real Estate Investment Trust has a 1 year low of C$30.78 and a 1 year high of C$38.97.
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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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