GRT-UN Dividend History - Granite Real Estate Investment

Track the latest GRT-UN dividend history: 4.44% Dividend Yield, 2.65% Annual Growth - Explore GRT-UN's complete dividend history

Yield 12m 4.44%
Cash Amount 12m 3.04
Dividend Growth 5y avg 2.65%
Dividend Rating 68.55%
Yield on Cost 5y 6.87%
Payout Ratio 57.6%
Payout Frequency 12m 11
Payout Consistency 96.7%
Total Return 12m: -5.80%
#9 in Group
Total Return 5y: 50.72%
#11 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Industrial REITs

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
GRT-UN 2,956m 4.44% 6.87%
IIPR 2,061m 8.82% 17.8%
HASI 3,399m 5.74% 10.6%
PLYM 777m 5.18% 9.66%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
GRT-UN 2,956m 2.65% 68.6%
ARG 1,751m 10.6% 71.1%
REXR 9,562m 14.2% 75.5%
WDP 5,095m 8.64% 64.2%

GRT-UN Dividend History - Last 40 Dividends (Paid in CAD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2025-01-31 0.283 0.4%
2024-12-31 0.283 2.9% 0.41%
2024-11-27 0.275 0.37%
2024-10-31 0.275 0.36%
2024-09-27 2024-10-15 0.275 0.34%
2024-08-30 2024-09-16 0.275 0.36%
2024-07-31 2024-08-15 0.275 0.37%
2024-06-28 2024-06-28 2024-07-15 Other 0.275 0.41%
2024-05-31 2024-05-31 2024-06-14 Other 0.275 0.41%
2024-04-29 2024-04-30 2024-05-15 Other 0.275 0.4%
2024-03-27 2024-03-28 2024-04-15 Monthly 0.275 0.37%
2024-02-28 2024-02-29 2024-03-15 Monthly 0.275 0.38%
2024-01-30 2024-01-31 2024-02-15 Other 0.275 0.38%
2023-12-28 2023-12-29 2024-01-16 Other 0.275 3% 0.36%
2023-11-29 2023-11-30 2023-12-15 Other 0.267 0.39%
2023-10-30 2023-10-31 2023-11-15 Monthly 0.267 0.41%
2023-09-28 2023-09-29 2023-10-16 Other 0.267 0.38%
2023-08-30 2023-08-31 2023-09-15 Other 0.267 0.35%
2023-07-28 2023-07-31 2023-08-15 Other 0.267 0.34%
2023-06-29 2023-06-30 2023-07-14 Other 0.267 0.35%
2023-05-30 2023-05-31 2023-06-15 Other 0.267 0.33%
2023-04-27 2023-04-28 2023-05-15 Monthly 0.267 0.32%
2023-03-30 2023-03-31 2023-04-14 Other 0.267 0.34%
2023-02-27 2023-02-28 2023-03-15 Other 0.267 0.32%
2023-01-30 2023-01-31 2023-02-15 Other 0.267 0.33%
2022-12-29 2023-01-17 2023-01-17 Other 0.267 3.5% 0.4%
2022-11-29 2022-12-15 2022-12-15 Monthly 0.258 0.33%
2022-10-28 2022-10-31 2022-11-15 Other 0.258 0.37%
2022-09-28 2022-09-29 2022-10-14 Other 0.258 0.39%
2022-08-30 2022-09-15 2022-09-15 Other 0.258 0.34%
2022-07-28 2022-07-29 2022-08-15 Other 0.258 0.33%
2022-06-29 2022-06-30 2022-07-15 Other 0.258 0.33%
2022-05-30 2022-06-15 2022-06-15 Other 0.258 0.29%
2022-04-28 2022-04-29 2022-05-16 Other 0.258 0.27%
2022-03-30 2022-03-31 2022-04-14 Other 0.258 0.27%
2022-02-25 2022-02-28 2022-03-15 Monthly 0.258 0.27%
2022-01-28 2022-01-31 2022-01-27 Other 0.258 0.27%
2021-12-30 2021-12-31 2022-01-14 Other 0.258 3.2% 0.25%
2021-11-29 2021-11-30 2021-12-15 Other 0.25 0.25%
2021-10-28 2021-10-29 2021-11-15 Other 0.25 0.26%

GRT-UN Dividend History - FAQ

Does GRT-UN pay dividends?

Yes, as of March 2025, GRT-UN paid a dividend of 3.04 CAD in the last 12 months. The last dividend was paid on 2025-01-31.

What is the Dividend Yield of GRT-UN?

As of March 2025, GRT-UN`s dividend yield is 4.44%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.04M CAD by the current share price of 66.72.

How often does GRT-UN pay dividends?

GRT-UN pays dividends monthly. Over the last 12 months (TTM), GRT-UN has issued 11 dividend payments.

What is the next Ex-Dividend Date for GRT-UN?

The next ex-dividend date for Granite Real Estate Investment (GRT-UN) is unknown.

What is the Dividend Growth Rate of GRT-UN?

GRT-UN's average dividend growth rate over the past 5 years is 2.65M% per year.
Weak growth: Dividend increases are lagging behind inflation.

What is the Yield on Cost of GRT-UN?

GRT-UN's 5-Year Yield on Cost is 6.87M%. This represents the effective dividend yield for an investor who bought Granite Real Estate Investment five years ago. It is calculated as the trailing 12-month dividend cash amount (3.04M) divided by the purchase price five years ago (44.27):

What is the Payout Consistency of GRT-UN?

GRT-UN Payout Consistency is 96.7%.
Highly consistent: Granite Real Estate Investment has a strong track record of consistent dividend payments.

Does GRT-UN have a good Dividend Yield?

GRT-UN`s 4.44% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of GRT-UN?

The Dividend Payout Ratio of GRT-UN is 57.6%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of GRT-UN?

GRT-UN`s Overall Dividend Rating is 68.55%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: GRT-UN Outstanding Shares

What is the Trend of GRT-UN`s Outstanding Shares?

The Outstanding Shares of Granite Real Estate Investment are growing at a rate of 1.74% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 0.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Granite Real Estate Investment ever had a Stock Split?

No Stock Splits found.
Year Number of Shares Growth Rate
2004 48,227,000
2005 48,290,000 +0.13%
2006 48,351,000 +0.13%
2007 46,708,000 -3.4%
2008 46,708,000
2009 46,708,000
2010 46,708,000
2011 46,884,000 +0.38%
2012 46,882,000 -0%
2013 47,014,000 +0.28%
2014 47,017,000 +0.01%
2015 47,073,000 +0.12%
2016 47,144,300 +0.15%
2017 45,888,000 -2.66%
2018 45,700,000 -0.41%
2019 54,000,000 +18.16%
2020 57,800,000 +7.04%
2021 65,700,000 +13.67%
2022 63,900,000 -2.74%
2023 63,800,000 -0.16%
2024 63,000,000 -1.25%