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Granite Real Estate Investment Trust (GRT.UN) Dividend Yield, Date & History

Granite Real Estate Investment Trust logo
C$71.29 +0.81 (+1.15%)
(As of 12/24/2024 01:21 PM ET)

Granite Real Estate Investment Trust Dividend Summary

Dividend Yield
4.63%
Annual Dividend
C$3.30
Recent
Dividend Payment
Dec. 16
Dividend Payout Ratio
90.91%

Granite Real Estate Investment Trust (GRT.UN) pays an annual dividend of C$3.30 per share, with a dividend yield of 4.63%. The next payment of C$0.28 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Wednesday, November 27. The company currently pays out 90.91% of its earnings and 82.32% of its cash flow as dividends.

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GRT.UN Dividend Payments by Quarter

The chart below displays up to four years of Granite Real Estate Investment Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GRT.UN Dividend Yield Over Time

The chart below tracks Granite Real Estate Investment Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Granite Real Estate Investment Trust vs. The Competition

Compare Granite Real Estate Investment Trust's annual dividend, yield, and 3-year growth rate with averages for Real Estate and TSE companies to evaluate its performance against the market.

TypeGranite Real Estate Investment TrustReal Estate CompaniesTSE Companies
Annual DividendC$3.30C$0.37C$1.07
Dividend Yield4.63%6.56%5.40%

Granite Real Estate Investment Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings90.91%
Based on This Year's Estimate59.13%
Based on Cashflow82.32%

Granite Real Estate Investment Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/27/2024Monthly$0.2750 - 4.36%11/27/202412/16/202412/16/2024
8/30/2024Monthly$0.2750 - 4.3%8/30/20249/16/20249/16/2024
5/31/2024Monthly$0.2750 - 4.97%5/31/20246/14/20246/14/2024
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3/27/2024Monthly$0.2750 - 4.34%3/27/20244/15/20244/15/2024
2/28/2024Monthly$0.2750+$0.0083
3.11%
4.52%2/28/20243/15/20243/15/2024
8/30/2023Monthly$0.2667 - 4.2%8/30/20239/15/20239/15/2023
7/28/2023Monthly$0.2667 - 4.08%7/28/20238/15/20238/15/2023
5/30/2023Monthly$0.2667 - 3.99%5/30/20236/15/20236/15/2023
2/27/2023Monthly$0.2667 - 3.87%2/27/20233/15/20233/15/2023
12/29/2022Monthly$0.2667+$0.0084
3.25%
4.48%12/29/20221/17/20231/17/2023

This table shows Granite Real Estate Investment Trust's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Granite Real Estate Investment Trust Dividend - Frequently Asked Questions

The current dividend yield for Granite Real Estate Investment Trust is 4.63%. Learn more on GRT.UN's dividend yield history.

The annual dividend for GRT.UN shares is C$3.30. Learn more on GRT.UN's annual dividend history.

Granite Real Estate Investment Trust pays monthly dividends to shareholders.

Granite Real Estate Investment Trust's most recent monthly dividend payment of C$0.28 per share was made to shareholders on Monday, December 16, 2024.

Granite Real Estate Investment Trust's most recent ex-dividend date was Wednesday, November 27, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Wednesday, February 28, 2024.

The dividend payout ratio for GRT.UN is:
  • 90.91% based on the trailing year of earnings
  • 59.13% based on this year's estimates
  • 82.32% based on cash flow

Granite Real Estate Investment Trust's dividend yield of 4.29% is lower than the average Real Estate company that issues a dividend. Granite Real Estate Investment Trust's dividend payout ratio of 90.91% may not be sustainable.

Looking at the stock as a whole, market analysts rate Granite Real Estate Investment Trust stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (TSE:GRT.UN) was last updated on 12/25/2024 by MarketBeat.com Staff
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