
Granite Real Estate Investment Trust (TSE:GRT.UN) Declares Monthly Dividend of $0.28

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Granite Real Estate Investment Trust (TSE:GRT.UN) has declared a monthly dividend of $0.2833 per share, payable on October 15th to investors of record as of the same date. This results in an annualized yield of 4.4%. The ex-dividend date is September 29th. The stock opened at C$77.41, with a market cap of C$4.69 billion and a PE ratio of 14.37. Analysts have raised their price targets for the stock, with a consensus target of C$87.43 and a current average rating of "Buy."
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