Granite Real Estate Investment Trust (GRTUF) Dividend Analysis
Comprehensive dividend yield, safety, growth, and income analysis for GRTUF.
Granite Real Estate Investment Trust (GRTUF) pays a solid 3.68% dividend yield, or $2.58 per share annually at a stock price of $65.95. The payout ratio of 54% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.8x. Dividend growth has been steady, with a 3-year CAGR of 3.3% and a 5-year CAGR of 3.3% (10-year: 4.0%). The most recent ex-dividend date was May 29, 2026.
Dividend Overview
Granite Real Estate Investment Trust (GRTUF) pays a solid 3.68% dividend yield, or $2.58 per share annually at a stock price of $65.95.
Dividend Safety
The payout ratio of 54% is well within sustainable levels, leaving room for future increases.
DRIP Projection
$10,000 invested in GRTUF with dividends reinvested would grow to approximately $15,205 after 10 years, generating roughly $775/year in dividend income. This projection assumes the current 3.68% yield and a 3.3% annual dividend growth rate with all dividends reinvested.
| Year | Portfolio Value | Annual Income | Total Return |
|---|---|---|---|
| Year 1 | $10,368 | $394 | +4% |
| Year 5 | $12,127 | $525 | +21% |
| Year 10 | $15,205 | $775 | +52% |
| Year 15 | $19,821 | $1,189 | +98% |
| Year 20 | $27,040 | $1,909 | +170% |
Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.
Payment Schedule
You must own shares before the ex-dividend date to receive the upcoming payment. Payment typically arrives 2-4 weeks after the ex-date.
Frequently Asked Questions
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