FY2025 EPS Estimates for Granite Real Estate Investment Trust Increased by National Bank Financial (TSE:GRT)

Granite Real Estate Investment Trust (TSE:GRT) – Analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Granite Real Estate Investment Trust in a research note issued to investors on Tuesday, October 8th. National Bank Financial analyst M. Kornack now anticipates that the real estate investment trust will post earnings of $5.79 per share for the year, up from their prior forecast of $5.75.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a 52-week low of C$30.78 and a 52-week high of C$38.97.

Granite Real Estate Investment Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $3.30 annualized dividend and a dividend yield of ∞.

About Granite Real Estate Investment Trust

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.