Granite Real Estate Investment Trust Plans Monthly Dividend of $0.28 (TSE:GRT)

Granite Real Estate Investment Trust (TSE:GRT) announced a monthly dividend on Monday, September 16th, Zacks reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.275 per share by the real estate investment trust on Tuesday, October 15th. This represents a $3.30 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, September 27th.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a 12-month low of C$30.78 and a 12-month high of C$38.97.

About Granite Real Estate Investment Trust

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.