Granite REIT Announces July 2025 Distribution of CDN $0.2833 per Unit

Granite REIT has declared a distribution of CDN $0.2833 per unit for July 2025. The payment will be made on August 15, 2025 to unitholders of record at the close of trading on July 31, 2025. The distribution constitutes effectively connected income for U.S. federal tax purposes. Granite is a Canadian-based REIT with 144 investment properties representing approximately 63.3 million square feet of leasable area.

Granite Real Estate Investment Trust (GRT-UN.TO) has announced a distribution of CDN $0.2833 per unit for the month of July 2025. The payment will be made on August 15, 2025 to unitholders of record at the close of trading on July 31, 2025. This distribution is effectively connected income for U.S. federal tax purposes [2].

Granite REIT is a Canadian-based real estate investment trust engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. The trust owns 144 investment properties representing approximately 63.3 million square feet of leasable area [3].

The distribution follows a pattern of regular payments by Granite REIT. In March 2025, the trust declared a distribution of CDN $0.2833 per unit, which was paid on April 15, 2025 [4]. This consistent distribution policy indicates a stable dividend strategy, which can be attractive to income-focused investors.

Granite REIT has shown strong performance over various periods. As of July 17, 2025, the trust's trailing total return was 7.12%, compared to the S&P/TSX Composite index's 11.24% [1]. Over the past year, Granite REIT's return was 1.40%, while the benchmark index returned 19.85%. Over the past three years, Granite REIT's return was 10.76%, compared to the index's 48.89%. Over the past five years, the trust's return was 19.58%, compared to the index's 69.86% [1].

Investors should note that while Granite REIT has a strong track record, the performance of real estate investment trusts (REITs) can be influenced by various factors, including market conditions, interest rates, and property demand. Therefore, it is essential to conduct thorough due diligence before making investment decisions.

References:
[1] https://finance.yahoo.com/quote/GRT-UN.TO/
[2] https://www.stocktitan.net/news/GRPU/granite-reit-declares-distribution-for-july-kl116zi0aalu.html
[3] https://stockhouse.com/companies/bullboard?symbol=t.grt.un
[4] https://finance.yahoo.com/news/granite-reit-declares-distribution-july-210000118.html