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.

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

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