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flag Granite REIT announces C$0.28 monthly dividend, stock price drops 1.4% post-announcement.

flag Granite Real Estate Investment Trust (TSE:GRT.UN) has announced a monthly dividend of C$0.28 per share, payable on April 15th to shareholders of record. flag This translates to an annual dividend of C$3.40 and a yield of 5.07%. flag The stock price fell 1.4% to C$66.99 on April 2nd. flag Granite is a Canadian REIT with a portfolio of 143 logistics, warehouse, and industrial properties spread across North America and Europe.

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