1 day Ago By ABMN Staff
Granite Real Estate Inc. Staple ( NYSE:GRP.U – Get Free Report ) shares reached a new 52-week high on Monday following a dividend announcement from the company.
The company traded as high as $59.80 and last traded at $59.75, with a volume of 2744 shares traded.
The stock had previously closed at $59.65. The newly announced dividend which will be paid on Tuesday, October 15th.
Stockholders of record on Friday, September 27th will be issued a dividend of $0.204 per share. The ex-dividend date of this dividend is Friday, September 27th.
This is an increase from Granite Real Estate Inc. Staple’s previous monthly dividend of $0.20.
This represents a $2.45 annualized dividend and a dividend yield of 4.06%.
Granite Real Estate Inc. Staple’s dividend payout ratio (DPR) is presently 94.84%.
Granite Real Estate Inc. Staple Price Performance The firm has a market capitalization of $3.78 billion, a PE ratio of 23.
91 and a beta of 1.20. The company has a debt-to-equity ratio of 0.
52, a current ratio of 0.37 and a quick ratio of 0.37.
The firm has a 50-day simple moving average of $54.84 and a 200-day simple moving average of $53.02.
Granite Real Estate Inc. Staple Company Profile Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties.
Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. Read More Receive News & Ratings for Granite Real Estate Inc. Staple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Granite Real Estate Inc.
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