Granite REIT Announces September 2024 Distribution Details
Granite REIT Announces Distribution for September 2024
Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) has declared a monthly distribution of CDN $0.275 per stapled unit for the month of September 2024. This decision by the board of trustees signifies Granite's commitment to providing steady returns to its unitholders.
Details of the Distribution
The distribution is set to be paid on Tuesday, October 15, 2024, to those unitholders recorded as of the close of trading on Friday, September 27, 2024. This announcement reinforces Granite's ongoing strategy to maintain a reliable income stream for its investors and reflects the trust and transparency upheld in its governance.
Understanding the Fiscal Environment
Granite is dedicated to upholding regulatory standards, ensuring that no part of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice will be distributed providing an extensive breakdown of the sources of the distribution, complying with the regulatory requirements established by the United States Treasury.
About Granite Real Estate Investment Trust
Granite is a prominent Canadian REIT specializing in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties across North America and Europe. Currently, Granite manages an impressive portfolio comprising 143 investment properties, which offer approximately 63.3 million square feet of leasable area. This extensive reach in the property sector positions Granite as a significant player in the real estate investment sphere.
Investor Resources and Transparency
Granite is committed to transparency in its financial dealings, and thus, copies of financial data and other publicly filed documents are readily available. These can be accessed through the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval (SEDAR). Investors will find this resource invaluable for tracking the performance and governance of their investments.
Company Contact Information
For further inquiries or detailed information, individuals can visit the Granite website or contact the finance team directly. Teresa Neto, Chief Financial Officer, is available at 647-925-7560 for any financial concerns, while Andrea Sanelli, Associate Director of Legal & Investor Services, can be reached at 647-925-7504 for broader investor relations. This connection ensures that unitholders can always find the information they need.
Frequently Asked Questions
What is the distribution amount for September 2024?
The distribution amount for September 2024 is CDN $0.275 per stapled unit.
When will the distribution be paid?
The distribution will be paid on October 15, 2024.
What is Granite REIT specialized in?
Granite REIT specializes in logistics, warehouse, and industrial properties in North America and Europe.
How many properties does Granite own?
Granite owns 143 investment properties covering approximately 63.3 million square feet of leasable area.
Where can I find financial documents for Granite?
Financial documents are available through the SEDAR system and can be accessed on Granite's official website.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- IDEX Biometrics ASA Announces Exciting Repair Offering Plans
- TLGY Acquisition Corp Announces Merger Extension Plans
- Kilroy Realty Announces Dividend Plans for Shareholders
- Monthly Cash Distribution Declared by Marwest Apartment REIT
- OneStream to Discuss Financial Outcome for Q3 Fiscal 2024
- ArrowMark Financial Corp. Reports Strong Q2 Earnings and Cash Distribution
- Celebrating Excellence: 2024 CREFC Scholars Announced
- BSR Real Estate Investment Trust Announces Upcoming Distribution
- Minto Apartment REIT Declares Cash Distribution for Investors
- First Capital REIT Declares September Distribution for 2024
Recent Articles
- Cryptocurrency Market Faces Decline as Traders React to Rates
- Agenus Inc. Class Action: Important Timeline for Investors
- Temenos AG Faces Scrutiny Amid Claims of Financial Misconduct
- Artis Real Estate Investment Trust Declares Cash Distribution
- Lument Finance Trust Declares Quarterly Dividends for 2024
- Mizuho Securities Rates Super Micro Computer as Neutral Amid Risks
- Affirm's Apple Pay Partnership Boosts Stock Outlook
- AI Hackathon Awards $275,000 to Inspire Faith-Based Innovation
- Improved Enrollment Rates Highlight Northeastern Illinois University Growth
- Tile Shop Enhances Morris & Co. Collection With New Designs
- Dr. Rushika Fernandopulle Joins Premera Board of Directors
- Celebrating the 2024-2025 CREFC Scholars: Future Leaders in Real Estate
- BTIG Maintains Neutral Outlook on HashiCorp After Strong Q2
- Piccolo Medical Secures FDA Approval for Revolutionary Catheter System
- Hawaiian Electric Shares Rated In-Line Amid Strategic Sale Efforts
- Silvercorp Metals Inc. Advances Sustainability Initiatives
- Insmed Executive Transactions Spark Market Interest and Analysis
- Insightful Changes at Signet Jewelers Amid Stock Transactions
- FAA Administrator to Discuss Boeing's Quality Improvement Efforts
- ANI Pharmaceuticals Executive Stock Sale Sparks Investor Interest
- Chart Industries Executive Stock Purchase Highlights Confidence
- Insmed's Chief Legal Officer Engages in Strategic Stock Moves
- Recent Insider Sale at Gartner Inc Sparks Investor Interest
- Gartner's CEO Eugene Hall Executes Major Stock Sales
- Tile Shop Holdings: Insider Buying Indicates Growing Confidence
- Navigating Retirement Decisions: A Personal Journey to Freedom
- Corey McLaren's New Role at Abacus Life: A Bright Future Ahead
- Greystone Housing Impact Investors: Quarterly Cash Distribution Update
- Park Hotels & Resorts Prepares for Third Quarter Earnings Call
- Super Micro Investors Urged to Take Action Before the Deadline
- Market Insights: Trend Analysis for Walmart's Options Activity
- Understanding Recent Investor Moves in Caesars Entertainment
- Exploring Recent Market Trends and Movements in APP Options
- Curbio CEO Rick Rudman to Discuss Innovations at Blueprint
- Artis Real Estate Investment Trust Declares Latest Cash Distribution
- Insights into PDD Holdings' Short Selling Dynamics
- Market Insights: Understanding Ingersoll Rand's Short Selling Trends
- Celebrating Valor: War Heroes on Water's Impactful Fishing Event
- Market Sentiment on Hyatt Hotels: A Closer Look at Short Selling
- Discover the Ultimate Garden Companion: Hoselink Review
- Graphite One's Strategic Move: Warrant Expiry Extension Explained
- Foran Mining Secures Shareholder Backing for Major Offering
- Investigation Into One Point HR Solutions Inc. Data Breach
- ServisFirst Bancshares Announces Impressive Dividend for Shareholders
- Steel Dynamics Projects Q3 Earnings Amid Market Challenges
- Tecnoglass: A Top Choice for Trend-Focused Investors
- High Tide Inc. Shows Strong Growth in Latest Financial Results
- Carver Bancorp Appoints Donald Felix as New CEO and President
- Class Action Lawsuit Filed for Allarity Therapeutics Investors
- Carver Bancorp Welcomes New Leadership with Donald Felix