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Granite Real Estate ( ($TSE:GRT.UN) ) just unveiled an announcement.
On May 16, 2025, Granite Real Estate Investment Trust announced a distribution of CDN $0.2833 per unit for May 2025, payable on June 16, 2025, to unitholders recorded by May 30, 2025. The distribution does not constitute effectively connected income for U.S. federal tax purposes, and a qualified notice detailing the distribution sources will be issued after the record date.
The most recent analyst rating on ($TSE:GRT.UN) stock is a Buy with a C$86.00 price target. To see the full list of analyst forecasts on Granite Real Estate stock, see the TSE:GRT.UN Stock Forecast page.
Spark’s Take on TSE:GRT.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:GRT.UN is a Outperform.
Granite Real Estate’s strong financial performance, characterized by revenue growth and efficient cash flow management, is a key strength. The technical indicators show mixed signals, with some upward momentum but caution due to overbought conditions. The valuation appears reasonable with a low P/E ratio and high dividend yield, supporting the stock’s attractiveness for growth and income investors alike.
To see Spark’s full report on TSE:GRT.UN stock, click here.
More about Granite Real Estate
Granite Real Estate Investment Trust is a Canadian-based REIT involved in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties across North America and Europe. It owns 144 investment properties with approximately 63.3 million square feet of leasable area.
Average Trading Volume: 124,945
Technical Sentiment Signal: Buy
Current Market Cap: C$4.07B
See more data about GRT.UN stock on TipRanks’ Stock Analysis page.