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Granite Real Estate Investment Trust (GRT-UN.TO) has raised its dividend 3 times on record

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Dividend history

Granite Real Estate Investment Trust

GRT-UN.TO

Full quote →
$0.000$0.148$0.2962025-02-28: $0.28302025-03-31: $0.28302025-04-30: $0.28302025-05-30: $0.28302025-06-30: $0.28302025-07-31: $0.28302025-08-29: $0.28302025-09-29: $0.28302025-10-31: $0.28302025-11-28: $0.28302025-12-31: $0.29602026-01-30: $0.29602026-02-27: $0.29602026-05-29: $0.29602026-06-30: $0.29602026-07-31: $0.2960Feb 25Oct 25Jul 26

Recent payments

$0.2960CAD

Ex: Jul 31, 2026

Pay: Aug 14

Monthly

$0.2960CAD

Ex: Jun 30, 2026

$0.2960CAD

Ex: May 29, 2026

$0.2960CAD

Ex: Feb 27, 2026

$0.2960CAD

Ex: Jan 30, 2026

$0.2960CAD

Ex: Dec 31, 2025

$0.2830CAD

Ex: Nov 28, 2025

$0.2830CAD

Ex: Oct 31, 2025

$0.2830CAD

Ex: Sep 29, 2025

$0.2830CAD

Ex: Aug 29, 2025

Granite Real Estate Investment Trust (GRT-UN.TO) has a strong history of paying and increasing dividends. Since its inception, it has raised its dividend three times and currently has a market cap of about CA$5.58 billion, focusing on income-producing properties in the real estate sector.

Investor takeaway: If you’re looking for steady income, Granite’s dividend history might catch your interest, especially if you’re using registered accounts like TFSA or RRSP.

34 Payments Over 2.9 Years

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Granite Real Estate Investment Trust

GRT-UN.TO

Full stock page →

GRT-UN.TO

Granite Real Estate Investment Trust

Source:WealthAwesomeWealthAwesome
$2.41 (2.74%)
120 day period
$80.10$89.85$99.61Feb 19May 15Aug 11

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Market cap

$5.58B

P/E

14.9x

Div. yield

3.86%

Div. / share

$3.49

52W high

$101.19

52W low

$72.77

1W change

-2.42%

Beta

1.18

Analyst Price Targets

Based on analyst covering GRT-UN

📈

Wall Street analysts forecast GRT-UN stock price to rise 17.4% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$106.00

+17.4% Upside

Current Price

C$90.32

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

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Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on GRT-UN's historical volatility

HistoricalForecast68%95%
C$66.72C$76.17C$85.62C$95.07C$104.53C$113.98TodayApr 2Jun 8Aug 11Sep 23Nov 6Dec 19

30-Day Vol

19.9%

Annualized

90-Day Vol

18.9%

Annualized

Trend (90d)

-9.7%

Annualized drift

90d Mean

C$87.24

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$89.28C$83.36C$95.62
60 trading daysC$88.26C$80.10C$97.25
90 trading daysC$87.24C$77.47C$98.26

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Granite has made 34 dividend payments in total, showing its commitment to returning value to shareholders.

Dividend Payment History

Granite has a solid track record with 34 dividend payments over roughly 2.9 years. The trust has raised its dividend three times, with the latest increase reflected in the current monthly dividend of CA$0.296. This consistent payment history underscores the trust's dedication to providing returns to investors.

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Recent Dividend Details

The latest dividend was declared on July 17, 2026, with an ex-dividend date of July 31, 2026. Shareholders can expect their next payment of CA$0.296 on August 14, 2026. This monthly dividend structure offers regular income, which is especially beneficial when held in tax-advantaged accounts like TFSA or RRSP.

Dividend calendar

TickerGRT-UN.TO
AmountCA$0.296
Ex-dividend2026-07-31
Record2026-07-31
Payment2026-08-14
Declared2026-07-17
Trailing yield3.86%
Stock pageGRT-UN.TO dividend history

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Wealth Awesome
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Wealth Awesome

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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 12, 2026
Last Updated: August 12, 2026

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