Granite Real Dividends
GRT-UN Stock | CAD 75.63 1.70 2.30% |
The current year's Dividend Payout Ratio is expected to grow to 1.57, whereas Dividends Paid is forecasted to decline to about 104.8 M. Granite Real's past performance could be the main factor of why investors trade Granite Real Estate stock today. Investors should clearly understand every aspect of the Granite Real dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Granite Real's dividend schedule and payout information. Granite Real Estate dividends can also provide a clue to the current valuation of Granite Real.
Number Of Dividends | Years Issued 21 | Previous Year 12 Times | Current Year 9 Times | Year Average 8.95 | Volatility 4.2 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 203.9 M | 104.8 M | |
Dividend Yield | 0.04 | 0.03 | |
Dividend Payout Ratio | 1.49 | 1.57 | |
Dividend Paid And Capex Coverage Ratio | 1.53 | 0.80 |
Granite |
Investing in dividend-paying stocks, such as Granite Real Estate is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Granite Real must own a stock before its ex-dividend date to receive its next dividend.
Granite Real Expected Dividend Income Per Share
Dividend payment represents part of Granite Real's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Granite Real. Granite Real's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.29 Bottom Scenario | C$1.31 | $1.34 Top Scenario |
One Year
Granite Real Estate expected dividend income per share adjusted for ongoing price standard deviation