Granite REIT Declares Distribution for February 2025
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) has announced its monthly distribution for February 2025. The company will distribute CDN $0.2833 per unit to unitholders of record as of February 28, 2025. The payment will be made on March 14, 2025.
The company has confirmed that no portion of the distribution qualifies as effectively connected income for U.S. federal tax purposes. A qualified notice detailing the distribution sources will be provided to the Depository Trust & Clearing after the record date.
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) ha annunciato la sua distribuzione mensile per febbraio 2025. L'azienda distribuirà CDN $0.2833 per unità agli unitholders registrati al 28 febbraio 2025. Il pagamento sarà effettuato il 14 marzo 2025.
L'azienda ha confermato che nessuna parte della distribuzione è considerata reddito effettivamente connesso per fini fiscali federali statunitensi. Una comunicazione qualificata che dettaglia le fonti di distribuzione sarà fornita al Depository Trust & Clearing dopo la data di registrazione.
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) ha anunciado su distribución mensual para febrero de 2025. La empresa distribuirá CDN $0.2833 por unidad a los tenedores de unidades registrados al 28 de febrero de 2025. El pago se realizará el 14 de marzo de 2025.
La empresa ha confirmado que ninguna parte de la distribución califica como ingreso efectivamente conectado para fines fiscales federales de EE. UU. Se proporcionará un aviso calificado que detalla las fuentes de distribución al Depository Trust & Clearing después de la fecha de registro.
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U)는 2025년 2월 월간 배당금을 발표했습니다. 회사는 2025년 2월 28일 기준의 유닛 보유자에게 CDN $0.2833 per unit를 배당할 예정입니다. 지급일은 2025년 3월 14일입니다.
회사는 배당금의 어느 부분도 미국 연방 세금 목적에 따라 실질적으로 연결된 소득으로 간주되지 않는다고 확인했습니다. 배당 출처를 상세히 설명하는 자격 있는 통지가 기록 날짜 이후에 예탁결제기관에 제공될 것입니다.
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) a annoncé sa distribution mensuelle pour février 2025. La société distribuera CDN $0.2833 par unité aux détenteurs d'unités enregistrés au 28 février 2025. Le paiement sera effectué le 14 mars 2025.
La société a confirmé qu'aucune partie de la distribution ne qualifie comme revenu effectivement lié aux fins fiscales fédérales américaines. Un avis qualifié détaillant les sources de distribution sera fourni au Depository Trust & Clearing après la date d'enregistrement.
Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) hat seine monatliche Ausschüttung für Februar 2025 bekannt gegeben. Das Unternehmen wird CDN $0.2833 pro Einheit an die zum 28. Februar 2025 registrierten Unitholder ausschütten. Die Zahlung erfolgt am 14. März 2025.
Das Unternehmen hat bestätigt, dass kein Teil der Ausschüttung als effektiv verbundenes Einkommen für US-amerikanische Bundessteuerzwecke qualifiziert. Eine qualifizierte Mitteilung, die die Quellen der Ausschüttung detailliert, wird nach dem Stichtag an die Depository Trust & Clearing übermittelt.
- Maintains consistent monthly distribution policy
- Distribution of CDN $0.2833 per unit demonstrates stable cash flow
- None.
Insights
The announced February 2025 distribution of
The explicit clarification regarding U.S. federal tax treatment - specifically that no portion constitutes effectively connected income - is significant for international investors, as it simplifies tax considerations and potentially enhances the after-tax returns for U.S. unitholders. This tax efficiency is a key feature that distinguishes Granite REIT in the cross-border investment landscape.
The maintenance of regular distributions at consistent levels typically signals management's confidence in the REIT's underlying cash flow stability and the sustainability of its business model. For income-focused investors, this predictability in distribution policy is important for portfolio planning and income forecasting. The fact that Granite continues to maintain its distribution level suggests strong fundamental performance from its industrial real estate portfolio, which has been historically resilient due to its focus on logistics and warehouse properties.
Granite confirms that no portion of the distribution constitutes effectively connected income for
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in
OTHER INFORMATION
Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250214117386/en/
Teresa Neto, Chief Financial Officer
647-925-7560
Andrea Sanelli, Senior Director, Legal & Investor Services
647-925-7504
Source: Granite Real Estate Investment Trust
FAQ
What is the February 2025 distribution amount for Granite REIT (GRP.U)?
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Does Granite REIT's February 2025 distribution include effectively connected income for U.S. tax purposes?
