STOCK TITAN

Granite REIT Declares Distribution for April 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Granite REIT (GRT.UN / GRP.U) has declared a distribution of CDN $0.275 per stapled unit for April 2024, payable on May 15, 2024. The distribution is not considered effectively connected income for U.S. federal tax purposes.
Granite REIT (GRT.UN / GRP.U) ha dichiarato una distribuzione di CDN $0,275 per unità accorpata per aprile 2024, pagabile il 15 maggio 2024. La distribuzione non è considerata reddito effettivamente connesso ai fini fiscali federali statunitensi.
Granite REIT (GRT.UN / GRP.U) ha declarado una distribución de CDN $0.275 por unidad agrupada para abril de 2024, pagadera el 15 de mayo de 2024. La distribución no se considera ingreso efectivamente conectado para propósitos fiscales federales de EE. UU.
Granite REIT (GRT.UN / GRP.U)는 2024년 4월에 스테이플드 유닛당 CDN $0.275의 분배를 선언했으며, 2024년 5월 15일에 지급됩니다. 이 분배는 미국 연방 세금 목적으로 실질적으로 연결된 소득으로 간주되지 않습니다.
Granite REIT (GRT.UN / GRP.U) a déclaré une distribution de CDN $0,275 par unité groupée pour avril 2024, payable le 15 mai 2024. La distribution n'est pas considérée comme un revenu effectivement connecté aux fins de l'impôt fédéral américain.
Granite REIT (GRT.UN / GRP.U) hat eine Ausschüttung von CDN $0,275 pro zusammengefügter Einheit für April 2024 bekanntgegeben, zahlbar am 15. Mai 2024. Die Ausschüttung gilt nicht als effektiv verbundenes Einkommen zu US-bundessteuerlichen Zwecken.
Positive
  • None.
Negative
  • None.

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of April 2024. The distribution will be paid by Granite on Wednesday, May 15, 2024 to stapled unitholders of record at the close of trading on Tuesday, April 30, 2024.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of April 30, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 62.9 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval + (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Associate Director, Legal & Investor Services, at 647-925-7504.

Teresa Neto

Chief Financial Officer

647-925-7560

Andrea Sanelli

Associate Director, Legal & Investor Services

647-925-7504

Source: Granite Real Estate Investment Trust

FAQ

What distribution has Granite REIT declared for April 2024?

Granite REIT has declared a distribution of CDN $0.275 per stapled unit for April 2024.

When will the distribution be paid?

The distribution will be paid on May 15, 2024.

Is the distribution subject to U.S. federal tax?

No, the distribution does not constitute effectively connected income for U.S. federal tax purposes.

When is the record date for the distribution?

The record date for the distribution is April 30, 2024.

What will happen after the record date?

A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing

What regulation governs the issuance of the notice?

The issuance of the notice is pursuant to United States Treasury Regulation Section 1.1446-4.

grpu

:GRPU

GRPU Rankings

GRPU Latest News

GRPU Stock Data