Granite Real Estate Investment Trust Stock Price, News & Analysis

Granite Real Estate Investment Trust (NYSE:GRPU) has declared a distribution of CDN $0.2667 per stapled unit for January 2023. The payment date is set for February 15, 2023, with a record date of January 31, 2023. The stapled units will trade on an ex-dividend basis from January 30, 2023. Importantly, this distribution does not constitute effectively connected income for U.S. federal tax purposes. Granite specializes in logistics, warehouse, and industrial properties, owning 141 investment properties covering approximately 58.8 million square feet of leasable area.

Granite Real Estate Investment Trust (GRPU) will release its financial results for Q4 and the year ended December 31, 2022, after market close on March 8, 2023. A conference call led by President and CEO Kevan Gorrie is scheduled for March 9 at 11:00 a.m. ET, available via toll-free and international numbers. Granite operates in the logistics and industrial property sector, owning 141 properties across North America and Europe, totaling 58.8 million square feet of leasable area.

Granite Real Estate Investment Trust (NYSE: GRPU) has declared a distribution of CDN $0.2667 per stapled unit for December 2022. This payment will be issued on January 17, 2023 to unitholders of record as of December 30, 2022. The units will trade on an ex-dividend basis starting December 29, 2022. Furthermore, no part of the distribution is considered effectively connected income for U.S. federal tax purposes, ensuring tax implications remain clear for investors. Granite owns 141 investment properties across North America and Europe.

Granite Real Estate Investment Trust (GRPU) has declared a distribution of CDN $0.2583 per stapled unit for November 2022. The payment will be made on December 15, 2022, to unitholders of record as of the close of trading on November 30, 2022. The stapled units will begin trading on an ex-dividend basis on November 29, 2022. Additionally, Granite confirmed that no part of the distribution is effectively connected income for U.S. federal tax purposes.

Granite owns 141 investment properties across North America and Europe, totaling approximately 58.8 million square feet of leasable area.

Granite Real Estate Investment Trust (GRPU) reported increased net operating income of $94.0 million for Q3 2022, up from $84.5 million in Q3 2021, primarily due to acquisitions and rent adjustments. Funds from operations (FFO) reached $70.7 million ($1.08/unit), compared to $65.2 million ($0.99/unit) the previous year. However, the Trust incurred a net loss of $93.3 million due to a significant fair value loss on investment properties. A 3.2% distribution increase to $3.20 per unit was announced, effective December 2022.

Granite Real Estate Investment Trust has declared a distribution of CDN $0.2583 per stapled unit for October 2022. This distribution will be paid on November 15, 2022, to unitholders of record by the close of trading on October 31, 2022. Trading on an ex-dividend basis begins October 28, 2022. The company confirms that no part of the distribution is U.S. federal taxable income. Granite operates logistics and industrial properties across North America and Europe, owning 139 investment properties totaling around 57.5 million square feet.

Granite Real Estate Investment Trust (NYSE:GRPU) is set to release its financial results for the third quarter ended September 30, 2022 after market close on November 9, 2022. The results will be discussed in a conference call on November 10, 2022 at 11:00 a.m. (ET), hosted by President and CEO Kevan Gorrie. Investors can access financial documents via SEDAR and EDGAR. Granite, based in Canada, manages logistics and industrial properties across North America and Europe, owning 139 properties with a total of approximately 57.5 million square feet of leasable space.

Granite Real Estate Investment Trust (GRPU) declared a monthly distribution of CDN $0.2583 per stapled unit for September 2022. This payment will be made on October 14, 2022 to unitholders recorded by the close of trading on September 29, 2022. The stapled units will trade on an ex-dividend basis starting September 28, 2022. Additionally, no part of this distribution is considered effectively connected income for U.S. tax purposes.

Granite operates logistics, warehouse, and industrial properties across North America and Europe, owning 139 investment properties totaling approximately 57.5 million square feet.

Granite Real Estate Investment Trust (NYSE: GRPU) announced a monthly distribution of CDN $0.2583 per stapled unit for August 2022. This distribution will be paid on September 15, 2022, to unitholders on record as of the close of trading on August 31, 2022. The stapled units will trade ex-dividend starting August 30, 2022. No part of the distribution is connected to U.S. federal tax income. Granite owns 139 properties, encompassing around 57.5 million square feet of leasable area across North America and Europe.