Granite Real Estate (TSE:GRT) – Analysts at Desjardins issued their FY2019 earnings per share (EPS) estimates for shares of Granite Real Estate in a research report issued on Thursday, November 7th. Desjardins analyst M. Markidis anticipates that the real estate investment trust will post earnings per share of $3.59 for the year. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Granite Real Estate’s Q4 2019 earnings at $0.88 EPS, FY2020 earnings at $3.88 EPS and FY2021 earnings at $3.99 EPS.

Granite Real Estate has a 52-week low of C$30.78 and a 52-week high of C$38.97.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.233 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of ∞.

Granite Real Estate Company Profile

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: Net Asset Value

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