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Granite REIT Declares Distribution for June 2023

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Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) has announced a distribution of CDN $0.2667 per stapled unit for June 2023. The distribution will be paid on July 14, 2023 to stapled unitholders of record as of June 30, 2023. The stapled units will begin trading ex-dividend on June 29, 2023 on both the Toronto Stock Exchange and New York Stock Exchange.

Granite has confirmed that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice detailing the sources of the distribution will be issued to the Depository Trust & Clearing after the record date, in compliance with United States Treasury Regulation Section 1.1446-4.

Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) ha annunciato una distribuzione di CDN $0.2667 per unità accoppiata per giugno 2023. La distribuzione sarà pagata il 14 luglio 2023 agli unitholder accoppiati registrati alla data del 30 giugno 2023. Le unità accoppiate inizieranno a essere negoziate senza diritto alla distribuzione il 29 giugno 2023 sia sulla Borsa di Toronto che sulla Borsa di New York.

Granite ha confermato che nessuna parte della distribuzione costituisce reddito effettivamente connesso ai fini fiscali federali statunitensi. Un avviso qualificato che dettaglia le fonti della distribuzione sarà emesso al Depository Trust & Clearing dopo la data di registrazione, in conformità con la Sezione 1.1446-4 del Regolamento del Tesoro degli Stati Uniti.

Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) ha anunciado una distribución de CDN $0.2667 por unidad agrupada para junio de 2023. La distribución se pagará el 14 de julio de 2023 a los tenedores de unidades agrupadas registrados hasta el 30 de junio de 2023. Las unidades agrupadas comenzarán a cotizar sin derecho a dividendos el 29 de junio de 2023 tanto en la Bolsa de Toronto como en la Bolsa de Nueva York.

Granite ha confirmado que ninguna parte de la distribución constituye ingreso efectivamente conectado para fines fiscales federales de EE. UU. Se emitirá un aviso calificado que detalla las fuentes de la distribución al Depository Trust & Clearing después de la fecha de registro, de conformidad con la Sección 1.1446-4 del Reglamento del Tesoro de los EE. UU.

Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U)는 2023년 6월을 위해 스테이플드 유닛당 CDN $0.2667의 배당금을 발표했습니다. 이 배당금은 2023년 7월 14일2023년 6월 30일 기준으로 등록된 스테이플드 유닛보유자에게 지급될 것입니다. 스테이플드 유닛은 2023년 6월 29일에 토론토 증권 거래소와 뉴욕 증권 거래소에서 배당 없이 거래되기 시작합니다.

Granite는 배당금의 어떤 부분도 미국 연방 세금 목적상 실질적으로 연결된 소득으로 간주되지 않는다고 확인했습니다. 배당금의 출처를 상세히 설명하는 자격 있는 통지는 기록일 이후에 Depository Trust & Clearing에 발송될 예정이며, 이는 미국 재무부 규정 섹션 1.1446-4에 따라 진행됩니다.

Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) a annoncé une distribution de CDN $0.2667 par unité jumelée pour juin 2023. La distribution sera versée le 14 juillet 2023 aux détenteurs d'unités jumelées inscrits au 30 juin 2023. Les unités jumelées commenceront à être échangées sans droit à dividende le 29 juin 2023 sur la Bourse de Toronto et la Bourse de New York.

Granite a confirmé qu'aucune partie de la distribution ne constitue un revenu effectivement connecté aux fins de l'impôt fédéral américain. Un avis qualifié détaillant les sources de la distribution sera émis au Depository Trust & Clearing après la date de référence, conformément à la section 1.1446-4 du règlement du Trésor des États-Unis.

Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) hat eine Ausschüttung von CDN $0.2667 pro Stapel-Einheit für Juni 2023 angekündigt. Die Ausschüttung wird am 14. Juli 2023 an Stapel-Einheitsinhaber ausgezahlt, die am 30. Juni 2023 registriert sind. Die Stapel-Einheiten werden ab dem 29. Juni 2023 sowohl an der Toronto Stock Exchange als auch an der New York Stock Exchange ohne Dividendenanspruch gehandelt.

Granite hat bestätigt, dass kein Teil der Ausschüttung als effektiv verbundenes Einkommen für amerikanische Bundessteuerzwecke gilt. Eine qualifizierte Mitteilung, die die Quellen der Ausschüttung detailliert, wird nach dem Stichtag an die Depository Trust & Clearing ausgegeben, gemäß der Vorschrift des US-Finanzministeriums Abschnitt 1.1446-4.

Positive
  • Regular monthly distribution maintained, indicating stable cash flow
  • Timely communication of distribution details to investors
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  • 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 $0.2667 per stapled unit for the month of June 2023. The distribution will be paid by Granite on Friday, July 14, 2023 to stapled unitholders of record at the close of trading on Friday, June 30, 2023. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Thursday, June 29, 2023, 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 June 30, 2023, 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 142 investment properties representing approximately 62.8 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.

Teresa Neto

Chief Financial Officer

647-925-7560

or

Andrea Sanelli

Associate Director, Legal & Investor Services

647-925-7504

Source: Granite Real Estate Investment Trust

FAQ

What is the distribution amount for Granite REIT (GRP.U) for June 2023?

Granite REIT (GRP.U) has declared a distribution of CDN $0.2667 per stapled unit for June 2023.

When will Granite REIT (GRP.U) pay the June 2023 distribution?

Granite REIT (GRP.U) will pay the June 2023 distribution on Friday, July 14, 2023.

What is the record date for Granite REIT's (GRP.U) June 2023 distribution?

The record date for Granite REIT's (GRP.U) June 2023 distribution is Friday, June 30, 2023.

When will Granite REIT (GRP.U) units begin trading ex-dividend for the June 2023 distribution?

Granite REIT (GRP.U) units will begin trading ex-dividend on Thursday, June 29, 2023, on both the Toronto Stock Exchange and New York Stock Exchange.

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