Granite Real Estate Investment Trust (TSE:GRT.UN – Get Free Report) (NASDAQ:GRP.U) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors of record on Wednesday, April 15th will be given a dividend of 0.2958 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, March 31st.
Granite Real Estate Investment Trust Stock Performance
Shares of GRT.UN opened at C$81.80 on Tuesday. The company has a market capitalization of C$4.96 billion, a PE ratio of 14.48 and a beta of 1.23. Granite Real Estate Investment Trust has a one year low of C$55.25 and a one year high of C$92.89. The company has a debt-to-equity ratio of 57.74, a current ratio of 0.35 and a quick ratio of 1.61. The company’s fifty day moving average price is C$86.84 and its 200 day moving average price is C$81.80.
Granite Real Estate Investment Trust (TSE:GRT.UN – Get Free Report) (NASDAQ:GRP.U) last released its quarterly earnings results on Wednesday, February 25th. The company reported C$2.24 earnings per share (EPS) for the quarter. The company had revenue of C$161.76 million during the quarter. Granite Real Estate Investment Trust had a net margin of 42.50% and a return on equity of 4.28%. As a group, analysts expect that Granite Real Estate Investment Trust will post 5.580574 earnings per share for the current year.
Granite Real Estate Investment Trust Company Profile
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily industrial properties in North America and Europe. Granite’s portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company’s assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S.
Further Reading
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