Granite Real Estate Investment Trust (GRT) to Release Earnings on Wednesday
Granite Real Estate Investment Trust (TSE:GRT – Get Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Granite Real Estate Investment Trust to post earnings of C$1.33 per share for the quarter.
Granite Real Estate Investment Trust (TSE:GRT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The real estate investment trust reported C$1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.26 by C$0.14. The company had revenue of C$138.95 million during the quarter.
Granite Real Estate Investment Trust Price Performance
Granite Real Estate Investment Trust has a 52-week low of C$30.78 and a 52-week high of C$38.97.
Granite Real Estate Investment Trust Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be given a $0.275 dividend. This represents a $3.30 annualized dividend and a yield of ∞. The ex-dividend date is Wednesday, July 31st.
Insider Activity at Granite Real Estate Investment Trust
In related news, Director Kevan Stuart Gorrie purchased 500 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average price of C$70.65 per share, for a total transaction of C$35,325.00. In other Granite Real Estate Investment Trust news, Director Kevan Stuart Gorrie bought 500 shares of the company’s stock in a transaction on Monday, May 13th. The shares were bought at an average price of C$70.65 per share, for a total transaction of C$35,325.00. Also, Senior Officer Michael Anthony Ramparas bought 400 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were acquired at an average price of C$67.50 per share, for a total transaction of C$27,000.00. Insiders have purchased 2,825 shares of company stock worth $191,184 in the last quarter.
About Granite Real Estate Investment Trust
(Get Free Report)
Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.
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