1. Granite announces a monthly distribution of CDN $0.2833 per unit for June 2025. 2. Payment date is set for July 15, 2025, for unit holders on June 30. 3. No part of the distribution counts as U.S. federal income for tax purposes. 4. Granite owns 144 properties, totaling 63.3 million square feet of leasable area. 5. Distribution details will be communicated to the Depository Trust & Clearing Corporation.
The consistent distribution indicates financial stability. Historical data shows similar patterns often lead to positive investor sentiment.
Regular distributions support strong investor sentiment and indicate healthy cash flow.
The immediate upcoming distribution could boost short-term investor confidence and stock price.
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 $0.2833 per unit for the month of June 2025. The distribution will be paid by Granite on July 15, 2025 to unitholders of record at the close of trading on Monday, June 30, 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 June 30, 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 144 investment properties representing approximately 63.3 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.