Granite Real Estate (GRT) to Issue $0.23 Monthly Dividend
Granite Real Estate (TSE:GRT) declared a monthly dividend on Friday, May 17th, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.233 per share by the real estate investment trust on Friday, June 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, May 30th.
Granite Real Estate has a twelve month low of C$30.78 and a twelve month high of C$38.97.
Granite Real Estate (TSE:GRT) last issued its quarterly earnings results on Wednesday, March 6th. The real estate investment trust reported C$1.88 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.84 by C$1.04. The business had revenue of C$59.90 million for the quarter.
WARNING: This news story was posted by Daily Political and is the property of of Daily Political. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.dailypolitical.com/2019/05/25/granite-real-estate-grt-to-issue-0-23-monthly-dividend.html.
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.
See Also: How to Trade Using Analysts Ratings
Receive News & Ratings for Granite Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Granite Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.