Granite Real Estate Inc. Announces Monthly Dividend Payment

July 20, 2025 - 01:50

Granite Real Estate Inc. has declared a monthly dividend of $0.21, reaffirming its commitment to returning value to shareholders. The announcement was made on July 18th, with the company set to pay dividends to shareholders who are on record as of July 31st. The payment will be disbursed on August 15th.

This dividend reflects an annualized payout of $2.47, which translates to a yield of 4.71%. Such a yield indicates the company’s ongoing efforts to maintain a strong financial position and provide consistent returns to its investors. The ex-dividend date, which is crucial for investors looking to benefit from the upcoming payment, is also set for July 31st.

Granite Real Estate continues to demonstrate its reliability and stability in the market, making it an attractive option for income-focused investors. The company’s ability to sustain its dividend payments is a positive signal of its financial health and operational performance.