Insider Buying: Granite Real Estate Investment Trust (TSE:GRT) Director Buys 1,000 Shares of Stock

Granite Real Estate Investment Trust (TSE:GRTGet Free Report) Director Al Mawani acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average cost of C$67.26 per share, for a total transaction of C$67,256.00.

Granite Real Estate Investment Trust Stock Performance

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

Granite Real Estate Investment Trust (TSE:GRTGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The real estate investment trust reported C$1.40 EPS for the quarter, beating the consensus estimate of C$1.26 by C$0.14. The firm had revenue of C$138.95 million for the quarter.

Granite Real Estate Investment Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.275 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $3.30 dividend on an annualized basis and a dividend yield of ∞.

Granite Real Estate Investment Trust Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Granite Real Estate Investment Trust (TSE:GRT)

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