Granite Real Estate Inc. (NASDAQ:GRP.U) announced a dividend on Friday, May 17th, NASDAQ reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.174 per share on Friday, June 14th. The ex-dividend date of this dividend is Thursday, May 30th.

GRP.U stock traded up $0.16 during mid-day trading on Friday, reaching $46.21. 2,029 shares of the stock traded hands, compared to its average volume of 13,967. Granite Real Estate has a 52 week low of $36.43 and a 52 week high of $49.18.

Granite Real Estate (NASDAQ:GRP.U) last released its quarterly earnings results on Wednesday, March 6th. The company reported $1.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.78. The firm had revenue of $45.33 million for the quarter.

A number of equities research analysts have issued reports on the stock. Desjardins restated a “hold” rating on shares of Granite Real Estate in a report on Tuesday, April 30th. Zacks Investment Research cut shares of Granite Real Estate from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Finally, Echelon Wealth Partners restated a “buy” rating on shares of Granite Real Estate in a report on Friday, January 25th.

WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another site, it was illegally copied and reposted in violation of US & international copyright and trademark law. The correct version of this news story can be accessed at

Featured Article: Leveraged Buyout (LBO) Explained

Dividend History for Granite Real Estate (NASDAQ:GRP.U)

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's FREE daily email newsletter.