Granite Real Estate Investment Trust

Granite Real Estate Investment Trustverified

GRT-UN.TO

Price:

$74.73

Market Cap:

$4.69B

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 108 investment properties representing approximately 45.3 million square feet of leasable area.[Read more]

Industry

REIT - Industrial

IPO Date

2004-12-01

Stock Exchange

TSX

Ticker

GRT-UN.TO

The Dividend Yield as of November 2024 (TTM) for Granite Real Estate Investment Trust (GRT-UN.TO) is 4.40%

According to Granite Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 4.40%. This represents a change of 295.26% compared to the average of 1.11% of the last 4 quarters.

Granite Real Estate Investment Trust (GRT-UN.TO) Historical Dividend Yield (quarterly & annually)

How has GRT-UN.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Granite Real Estate Investment Trust over the last ten years is 4.70%. The current 4.40% Dividend Yield has changed -6.35% with respect to the historical average. Over the past ten years (40 quarters), GRT-UN.TO's Dividend Yield was at its highest in in the June 2016 quarter at 1.57%. The Dividend Yield was at its lowest in in the December 2021 quarter at 0.71%.

Quarterly (TTM)
Annual

Average

4.70%

Median

4.90%

Minimum

2.83%

Maximum

6.07%

Granite Real Estate Investment Trust (GRT-UN.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Granite Real Estate Investment Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 58.55%

Maximum Annual Dividend Yield = 6.07%

Minimum Annual Increase = -23.41%

Minimum Annual Dividend Yield = 2.83%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.20%-6.56%
20224.49%58.55%
20212.83%-23.41%
20203.70%-20.61%
20194.66%-9.50%
20185.15%-2.22%
20175.26%-1.67%
20165.35%-11.80%
20156.07%14.05%
20145.32%6.92%

Granite Real Estate Investment Trust (GRT-UN.TO) Average Dividend Yield

How has GRT-UN.TO Dividend Yield performed in the past?

The current Dividend Yield of Granite Real Estate Investment Trust (GRT-UN.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.84%

5-year avg

3.98%

10-year avg

4.70%

Granite Real Estate Investment Trust (GRT-UN.TO) Dividend Yield vs. Peers

How is GRT-UN.TO’s Dividend Yield compared to its peers?

Granite Real Estate Investment Trust’s Dividend Yield is less than Canadian Apartment Properties Real Estate Investment Trust (3.16%), less than Dream Industrial Real Estate Investment Trust (5.28%), less than Allied Properties Real Estate Investment Trust (11.64%), less than Killam Apartment REIT (3.77%), less than InterRent Real Estate Investment Trust (3.37%),

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