Granite Real Estate Investment Trust (GRT.UN) To Go Ex-Dividend on July 31st

Granite Real Estate Investment Trust (TSE:GRT.UN) (NASDAQ:GRP.U) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Friday, August 14th will be given a dividend of 0.2958 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, July 31st.

Granite Real Estate Investment Trust Trading Down 0.2%

Shares of GRT.UN stock opened at C$96.21 on Friday. The business has a 50-day moving average price of C$96.33 and a two-hundred day moving average price of C$91.17. Granite Real Estate Investment Trust has a 12-month low of C$72.21 and a 12-month high of C$101.50. The company has a quick ratio of 1.61, a current ratio of 0.35 and a debt-to-equity ratio of 57.74. The firm has a market cap of C$5.84 billion, a P/E ratio of 14.93 and a beta of 1.47.

Granite Real Estate Investment Trust (TSE:GRT.UN) (NASDAQ:GRP.U) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$1.51 EPS for the quarter. The firm had revenue of C$165.83 million for the quarter. Granite Real Estate Investment Trust had a return on equity of 4.28% and a net margin of 42.50%. Equities analysts anticipate that Granite Real Estate Investment Trust will post 5.580574 EPS for the current fiscal year.

About Granite Real Estate Investment Trust

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 147 investment properties representing approximately 62.6 million square feet of leasable area.