GRTU
Granite Real Estate Investment Trust
GRTUFReal Estate · Stock · monthly payer
$68.60
Add to PortfolioForward Yield
3.75%
Annual Dividend
$2.57
Payout Ratio
54%
5-Yr Growth
3.2%
Ex-Date
May 29, 2026
Frequency
Monthly
GRTUF Dividend Safety Score
89/ 100
Grade A
Very Safe
Dividend-growth streak13 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage54% of earnings paid out
Balance-sheet strengthDebt/equity of 0.57
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GRTUF a good dividend stock?
YesGranite Real Estate Investment Trust (GRTUF) pays a monthly dividend yielding 3.75% ($2.57/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (54%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.75%
- Payout Ratio
- 54%
- Annual Dividend
- $2.57
- 5-Yr Avg Growth
- 3.2%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 12
- Frequency
- monthly
- Beta
- —
- Market Cap
- $4.2B
- P/E Ratio
- 14.8
- 5-Yr Total Return
- 3%
- 52-Week Range
- $49.81 – $71.29
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.2132 | regular |
| May 29, 2026 | — | $0.2132 | regular |
| May 29, 2026 | — | $0.2130 | regular |
| Apr 30, 2026 | — | $0.2132 | regular |
| Apr 30, 2026 | — | $0.2132 | regular |
| Apr 30, 2026 | — | $0.2130 | regular |
| Mar 31, 2026 | — | $0.2132 | regular |
| Mar 31, 2026 | — | $0.2132 | regular |
| Mar 31, 2026 | — | $0.2130 | regular |
| Feb 27, 2026 | — | $0.2132 | regular |
| Feb 27, 2026 | — | $0.2132 | regular |
| Feb 27, 2026 | — | $0.2130 | regular |
| Jan 30, 2026 | — | $0.2132 | regular |
| Jan 30, 2026 | — | $0.2132 | regular |
Income Calculator
At $2.57 / yr per share
Per payment (monthly)$21.42
Annual$257.00
Monthly avg$21.42
