Granite Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 0/6
Granite Real Estate Investment Trust is a dividend paying company with a current yield of 0.37%. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
0.4%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | n/a |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | n/a |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Insufficient data to determine if GRT.UN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRT.UN's dividend payments have been increasing.
Dividend Yield vs Market
| Granite Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRT.UN) | 0.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Industrial REITs) | 3.5% |
| Analyst forecast (GRT.UN) (up to 3 years) | 4.4% |
Notable Dividend: GRT.UN's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: GRT.UN's dividend (0.37%) is low compared to the top 25% of dividend payers in the Canadian market (6.17%).
Earnings Payout to Shareholders
Earnings Coverage: GRT.UN is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GRT.UN has not reported any payouts.