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Granite REIT announces C$0.28 monthly dividend, stock price drops 1.4% post-announcement.
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.
This translates to an annual dividend of C$3.40 and a yield of 5.07%.
The stock price fell 1.4% to C$66.99 on April 2nd.
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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Granito REIT anuncia C$0.28 dividendo mensual, baja el precio de las acciones 1.4% post-anuncio.