Granite REIT Declares Distribution for August 2025
1. Granite declared a distribution of CDN $0.2833 per unit for August 2025. 2. Distribution payment occurs on September 15, 2025, for record holders.
FAQ
Why Bullish?
The new distribution indicates financial health and commitment to unitholders. Historically, consistent distributions enhance investor confidence, potentially increasing demand.
How important is it?
Proposed distribution reinforces confidence in Granite's financial strategy and operational viability. This may encourage new investment, crucial for bullish market sentiment.
Why Long Term?
Sustained distributions reflect long-term stability, attracting more investors. Over time, such consistency can positively influence long-term stock performance.
Related Companies
Granite Real Estate Investment Trust ("Granite") (TSX:GRT.UN / NYSE: GRP.U), (TSX: GRT.UN / NYSE:GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of August 2025. The distribution will be paid by Granite on September 15, 2025 to unitholders of record at the close of trading on August 29, 2025.
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 August 29, 2025, 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 141 investment properties representing approximately 60.6 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, Senior Director, Legal & Investor Services, at 647-925-7504.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250818537253/en/
Teresa Neto
Chief Financial Officer
647-925-7560
or
Andrea Sanelli
Senior Director, Legal & Investor Services
647-925-7504