Granite Real Estate Investment Trust T.GRT.UN

Alternate Symbol(s): GRP.U

Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.

TSX:GRT.UN - Post by User

Granite Real Estate Investment Trust

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Post by fatcharlieon Nov 05, 2019 11:49am

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Post# 30310686

Bonus Dividend in December

Last year shareholders got a nice Christmas gift of a special dividend in a combination of cash and shares. Looks like Gorrie will do the same this year at the end of December they will distribute roughly $1.20 per share. Nice little bonus plus we have a small increase in the monthly dividend from $2.72 to $2.80 per year starting in 2020. Granite is now one of my largest positions and I continue to add when it dips. All the best, Charlie.

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