An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Granite Real Estate Investment Trust (NYSE: GRPU) declared a distribution of CDN $0.2583 per stapled unit for June 2022. This payment will be made on July 15, 2022 to unitholders of record by June 30, 2022. Trading on an ex-dividend basis will commence on June 29, 2022. Additionally, it was confirmed that no part of this distribution qualifies as effectively connected income for U.S. federal tax purposes. Granite specializes in logistics, warehouse, and industrial properties across North America and Europe, managing 137 properties.
Positive
Declared distribution of CDN $0.2583 per stapled unit.
Scheduled payment date enhances investor confidence.
Strong property portfolio with 137 investment properties.
Negative
None.
TORONTO--(BUSINESS WIRE)--
Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2583 per stapled unit for the month of June 2022. The distribution will be paid by Granite on Friday, July 15, 2022 to stapled unitholders of record at the close of trading on Thursday, June 30, 2022. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Wednesday, June 29, 2022 on the Toronto Stock Exchange and on the New York Stock Exchange.
Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of Thursday, June 30, 2022, pursuant to United States Treasury Regulation Section 1.1446-4.
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 137 investment properties representing approximately 57.3 million square feet of leasable area.
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 Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com 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, Associate Director, Legal & Investor Services, at 647-925-7504.
