Granite REIT Declares Distribution for May 2022
18 May 2022 - 7:02AM
Business Wire
Granite Real Estate Investment Trust (“Granite”) (TSX:
GRT.UN / NYSE: GRP.U) announced today that its board of
trustees has declared a distribution of CDN $0.2583 per stapled
unit for the month of May 2022. The distribution will be paid by
Granite on Wednesday, June 15, 2022 to stapled unitholders of
record at the close of trading on Tuesday, May 31, 2022. The
stapled units will begin trading on an ex-dividend basis at the
opening of trading on Monday, May 30, 2022 on the Toronto Stock
Exchange and on Friday, May 27, 2022 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 Tuesday, May 31, 2022,
pursuant to United States Treasury Regulation Section 1.1446-4.
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition,
development, ownership and management of logistics, warehouse and
industrial properties in North America and Europe. Granite owns 137
investment properties representing approximately 57.3 million
square feet of leasable area.
OTHER INFORMATION
Copies of financial data and other publicly filed documents
about Granite are available through the internet on the Canadian
Securities Administrators’ System 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, Associate
Director, Legal & Investor Services, at 647-925-7504.
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version on businesswire.com: https://www.businesswire.com/news/home/20220517005931/en/
Teresa Neto Chief Financial Officer 647-925-7560
Andrea Sanelli Associate Director, Legal & Investor Services
647-925-7504
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