Le Lézard
Classified in: Business
Subject: DIV

Granite REIT Declares Distribution for September 2019

TORONTO, Sept. 17, 2019 /CNW/ - 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$0.233 per stapled unit for the month of September 2019 representing $2.80 per stapled unit on an annualized basis.  The distribution will be paid by Granite on October 15, 2019 to stapled unitholders of record at the close of trading on September 30, 2019. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Friday, September 27, 2019 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 September 30, 2019, pursuant to United States Treasury Regulation Section 1.1446-4.


Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns over 80 investment properties representing approximately 35 million square feet of leasable area.


Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators' Systems 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.

SOURCE Granite Real Estate Investment Trust

These press releases may also interest you

at 17:10
Starbucks Corporation plans to release its fourth quarter and fiscal year 2019 financial results after the market close on Wednesday, October 30, 2019 with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including...

at 17:05
KKR Real Estate Finance Trust Inc. announced today that it plans to release its financial results for the third quarter 2019 on Wednesday, October 30, 2019, after the closing of trading on the New York Stock Exchange. A conference call to discuss...

at 17:05
In conjunction with Helmerich & Payne, Inc.'s fiscal fourth quarter 2019 earnings release, you are invited to listen to its conference call on Friday, November 15, 2019, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Vice...

at 17:05
World Fuel Services Corporation invites you to participate in a conference call with its management team on Wednesday, October 30, 2019 at 5:00PM Eastern Time to discuss the Company's third quarter results, as well as certain forward-looking...

at 17:05
Mayville Engineering Company, Inc. ("MEC") today announced that it will release financial results for the third quarter 2019 after market close on Tuesday, October 29th, 2019. A conference call will be held on Wednesday, October 30th, 2019 at 9:00...

at 17:04
Air Canada President and Chief Executive Officer Calin Rovinescu has been recognized as Strategist of the Year, as well as being named one of Canada's top leaders of 2019 representing the best of corporate leadership, innovation, vision and...

News published on 17 september 2019 at 17:07 and distributed by: