Granite REIT Declares June 2025 Distribution

Granite Real Estate ( ($TSE:GRT.UN) ) has shared an announcement.

On June 17, 2025, Granite Real Estate Investment Trust announced a distribution of CDN $0.2833 per unit for June 2025, to be paid on July 15, 2025, to unitholders of record as of June 30, 2025. The distribution is not considered effectively connected income for U.S. federal tax purposes, and a qualified notice will be issued following the record date. This announcement reflects Granite’s ongoing commitment to providing returns to its stakeholders and maintaining its position in the real estate investment sector.

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, particularly its robust cash flow and profitability, significantly boosts its stock score. Technical indicators show positive momentum, although caution is advised due to potential overbought conditions. The stock’s valuation is compelling, with a reasonable P/E ratio and attractive dividend yield. These factors collectively support a solid overall stock score.

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 that focuses on the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties across North America and Europe. The company owns 144 investment properties, encompassing approximately 63.3 million square feet of leasable area.

Average Trading Volume: 108,346

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$4.28B

Learn more about GRT.UN stock on TipRanks’ Stock Analysis page.