Granite REIT Declares Distribution for February 2021
Granite Real Estate Investment Trust (GRT.UN, GRP.U) has declared a monthly distribution of CAD $0.250 per stapled unit for February 2021. This payment will be made on March 15, 2021, to unitholders of record as of March 1, 2021. The stapled units will start trading ex-dividend on February 26, 2021. Notably, this distribution does not qualify as U.S. federal tax-connected income. Granite operates primarily in logistics, owning over 110 properties across North America and Europe, totaling around 47 million square feet of leasable area.
- Declared monthly distribution of CAD $0.250 per stapled unit.
- Strong property portfolio with over 110 investment properties in North America and Europe.
- None.
Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD
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 March 1, 2021, 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 over 110 investment properties representing approximately 47 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, Manager, Legal & Investor Services, at 647-925-7504.
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FAQ
When will GRT.UN distribute its February 2021 payment?
What is the amount of the distribution declared by Granite for GRT.UN?
What is the record date for the GRT.UN February distribution?
When will GRT.UN units begin trading ex-dividend?