Granite Real Estate Investment Trust (GRTUF) Dividend History
GRTUF latest dividend
$0.21last dividend per share
Ex-dividend dateSep 29Tuesday, 2026
Payment dateOct 15Thursday, 2026
The next dividend has not been announced yet.
- 5 yearsof dividend increases
- 2004paying since
- Monthly12 payments a year
- +3.1%5-year growth a year
- 4.10%forward yield
GRTUF dividend income calculator
- Dividend income a year
- $250
- Each payment
- $21
- Value of the shares
- $6,093
- Dividend yield
- 4.10%
At the latest close; forward annual dividend $2.50 per share, before tax.
GRTUF dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
GRTUF dividend safety
Payout ratio (earnings)58.6%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)53.6%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+3.1%
Slow growth · a year on average
Years of increases5
Established · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
GRTUF yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $56.73 | 4.41% | $2.49 | 4.4% |
| 3 years ago | $50.80 | 4.92% | $7.21 | 14.2% |
| 5 years ago | $77.16 | 3.24% | $11.64 | 15.1% |
| 10 years ago | $31.00 | 8.06% | $21.52 | 69.4% |
| 20 years ago | $37.08 | 6.74% | $32.76 | 88.3% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
GRTUF dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
GRTUF dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.41 | +3.1% | 4.31% | 12 |
| 2024 | $2.34 | +3.1% | 4.82% | 12 |
| 2023 | $2.27 | +3.1% | 3.93% | 12 |
| 2022 | $2.20 | +3.0% | 4.32% | 13 |
| 2021 | $2.14 | +3.4% | 2.57% | 13 |
| 2020 | $2.07 | — | 3.38% | 13 |
| 2019 | $1.98 | +2.8% | 3.92% | 12 |
| 2018 | $1.93 | +4.4% | 4.97% | 12 |
| 2017 | $1.85 | +7.7% | 4.73% | 12 |
| 2016 | $1.72 | +5.4% | 5.14% | 12 |
| 2015 | $1.63 | — | 5.93% | 12 |
| 2014 | $1.43 | −13.7% | 4.02% | 11 |
| 2013 | $1.66 | — | 4.54% | 13 |
| 2012 | $1.99 | +149.3% | 5.25% | 4 |
| 2011 | $0.80 | +60.0% | 2.50% | 4 |
| 2010 | $0.50 | −16.7% | 1.85% | 4 |
| 2009 | $0.60 | 0.0% | 4.89% | 4 |
| 2008 | $0.60 | 0.0% | 8.04% | 4 |
| 2007 | $0.60 | 0.0% | 2.15% | 4 |
| 2006 | $0.60 | — | 1.68% | 4 |
GRTUF dividend history
204 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-29 | 2026-10-15 | $0.2092 | — | Monthly |
| 2026-08-31 | 2026-09-15 | $0.2092 | — | Monthly |
| 2026-07-31 | 2026-08-14 | $0.2092 | — | Monthly |
| 2026-06-30 | 2026-07-15 | $0.2092 | — | Monthly |
| 2026-05-29 | 2026-06-15 | $0.2092 | — | Monthly |
| 2026-04-30 | 2026-05-15 | $0.2092 | — | Monthly |
| 2026-03-31 | 2026-04-15 | $0.2092 | — | Monthly |
| 2026-02-27 | 2026-03-16 | $0.2092 | — | Monthly |
| 2026-01-30 | 2026-02-13 | $0.2092 | — | Monthly |
| 2025-12-31 | 2026-01-15 | $0.2092 | +4.4% | Monthly |
| 2025-11-28 | 2025-12-15 | $0.2004 | — | Monthly |
| 2025-10-31 | 2025-11-14 | $0.2004 | — | Monthly |
| 2025-09-29 | 2025-10-15 | $0.2004 | — | Monthly |
| 2025-08-29 | 2025-09-15 | $0.2004 | — | Monthly |
| 2025-07-31 | 2025-08-15 | $0.2004 | — | Monthly |
| 2025-06-30 | 2025-07-15 | $0.2004 | — | Monthly |
Show all 204 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2025-05-30 | 2025-06-16 | $0.2004 | — | Monthly |
| 2025-04-30 | 2025-05-15 | $0.2004 | — | Monthly |
| 2025-03-31 | 2025-04-15 | $0.2004 | — | Monthly |
| 2025-02-28 | 2025-03-14 | $0.2004 | — | Monthly |
| 2025-01-31 | 2025-02-14 | $0.2004 | — | Monthly |
| 2024-12-31 | 2025-01-15 | $0.2004 | +3.0% | Monthly |
| 2024-11-27 | 2024-12-16 | $0.1945 | — | Monthly |
| 2024-10-31 | 2024-11-15 | $0.1945 | — | |
| 2024-09-27 | 2024-10-15 | $0.1945 | — | Monthly |
| 2024-08-30 | 2024-09-16 | $0.1945 | — | Monthly |
| 2024-07-31 | 2024-08-15 | $0.1945 | — | Monthly |
| 2024-06-28 | 2024-07-15 | $0.1945 | — | |
| 2024-05-31 | 2024-06-14 | $0.1945 | — | |
| 2024-04-29 | 2024-05-15 | $0.1945 | — | |
| 2024-03-27 | 2024-04-15 | $0.1945 | — | Monthly |
| 2024-02-28 | 2024-03-15 | $0.1945 | — | Monthly |
| 2024-01-30 | 2024-02-15 | $0.1945 | — | |
| 2023-12-28 | 2024-01-16 | $0.1945 | +3.1% | |
| 2023-11-29 | 2023-12-15 | $0.1887 | — | |
| 2023-10-30 | 2023-11-15 | $0.1887 | — | Monthly |
| 2023-09-28 | 2023-10-16 | $0.1887 | — | |
| 2023-08-30 | 2023-09-15 | $0.1887 | — | |
| 2023-07-28 | 2023-08-15 | $0.1887 | — | |
| 2023-06-29 | 2023-07-14 | $0.1887 | — | |
| 2023-05-30 | 2023-06-15 | $0.1887 | — | |
| 2023-04-27 | 2023-05-15 | $0.1887 | — | Monthly |
| 2023-03-30 | 2023-04-14 | $0.1887 | — | |
| 2023-02-27 | 2023-03-15 | $0.1887 | — | |
| 2023-01-30 | 2023-02-15 | $0.1887 | — | |
| 2022-12-29 | 2023-01-17 | $0.1887 | +3.3% | |
| 2022-11-29 | 2022-12-15 | $0.1827 | — | Monthly |
| 2022-10-28 | 2022-11-15 | $0.1827 | — | |
| 2022-09-28 | 2022-10-14 | $0.1827 | — | |
| 2022-08-30 | 2022-09-15 | $0.1827 | — | |
| 2022-07-28 | 2022-08-15 | $0.1827 | — | |
| 2022-06-29 | 2022-07-15 | $0.1827 | +6,667.0% | |
| 2022-05-30 | 2022-06-15 | $0.0027 | −98.5% | |
| 2022-05-27 | 2022-06-15 | $0.1827 | — | Monthly |
| 2022-04-28 | 2022-05-16 | $0.1827 | — | |
| 2022-03-30 | 2022-04-14 | $0.1827 | — | |
| 2022-02-25 | 2022-03-15 | $0.1827 | — | Monthly |
| 2022-01-28 | 2022-02-15 | $0.1827 | — | |
| 2021-12-30 | 2022-01-14 | $0.1827 | +3.3% | |
| 2021-11-29 | 2021-12-15 | $0.1768 | — | |
| 2021-10-28 | 2021-11-15 | $0.1768 | — | |
| 2021-09-29 | 2021-10-15 | $0.1768 | +1,704.5% | Monthly |
| 2021-09-28 | 2021-10-15 | $0.0098 | −94.5% | |
| 2021-08-30 | 2021-09-15 | $0.1768 | — | |
| 2021-07-29 | 2021-08-16 | $0.1768 | — | |
| 2021-06-29 | 2021-07-15 | $0.1768 | — | |
| 2021-05-27 | 2021-06-15 | $0.1768 | — | |
| 2021-04-29 | 2021-05-14 | $0.1768 | — | |
| 2021-03-30 | 2021-04-15 | $0.1768 | — | |
| 2021-02-26 | 2021-03-15 | $0.1768 | — | |
| 2021-01-28 | 2021-02-16 | $0.1768 | — | |
| 2020-12-30 | 2021-01-15 | $0.1768 | +3.3% | |
| 2020-11-27 | 2020-12-15 | $0.1712 | — | |
| 2020-10-29 | 2020-11-16 | $0.1712 | — | |
| 2020-09-29 | 2020-10-15 | $0.1712 | — | |
| 2020-08-28 | 2020-09-15 | $0.1712 | — | |
| 2020-07-30 | 2020-08-14 | $0.1712 | — | |
| 2020-06-29 | 2020-07-15 | $0.1712 | — | |
| 2020-05-28 | 2020-06-15 | $0.1712 | +1,962.4% | |
| 2020-04-30 | 2020-05-15 | $0.0083 | −95.2% | |
| 2020-04-29 | 2020-05-15 | $0.1712 | — | Monthly |
| 2020-03-30 | 2020-04-15 | $0.1712 | — | |
| 2020-02-27 | 2020-03-16 | $0.1712 | — | |
| 2020-01-30 | 2020-02-14 | $0.1712 | — | |
| 2019-12-30 | 2020-01-15 | $0.1712 | +3.9% | Monthly |
| 2019-11-26 | 2019-12-16 | $0.1648 | — | Monthly |
| 2019-10-30 | 2019-11-15 | $0.1648 | — | Monthly |
| 2019-09-27 | 2019-10-15 | $0.1648 | — | Monthly |
| 2019-08-29 | 2019-09-16 | $0.1648 | — | Monthly |
| 2019-07-30 | 2019-08-15 | $0.1648 | — | Monthly |
| 2019-06-27 | 2019-07-15 | $0.1648 | — | Monthly |
| 2019-05-30 | 2019-06-14 | $0.1648 | — | Monthly |
| 2019-04-29 | 2019-05-15 | $0.1648 | — | Monthly |
| 2019-03-28 | 2019-04-15 | $0.1648 | — | Monthly |
| 2019-02-27 | 2019-03-15 | $0.1648 | — | Monthly |
| 2019-01-30 | 2019-02-15 | $0.1648 | — | Monthly |
| 2018-12-28 | 2019-01-15 | $0.1648 | +2.6% | |
| 2018-11-29 | 2018-12-14 | $0.1606 | — | Monthly |
| 2018-10-30 | 2018-11-15 | $0.1606 | — | Monthly |
| 2018-09-27 | 2018-10-15 | $0.1606 | — | Monthly |
| 2018-08-30 | 2018-09-14 | $0.1606 | — | Monthly |
| 2018-07-30 | 2018-08-15 | $0.1606 | — | Monthly |
| 2018-06-28 | 2018-07-16 | $0.1606 | — | Monthly |
| 2018-05-30 | 2018-06-15 | $0.1606 | — | Monthly |
| 2018-04-27 | 2018-05-15 | $0.1606 | — | Monthly |
| 2018-03-28 | 2018-04-16 | $0.1606 | — | Monthly |
| 2018-02-27 | 2018-03-15 | $0.1606 | — | Monthly |
| 2018-01-30 | 2018-02-15 | $0.1606 | — | Monthly |
| 2017-12-28 | 2018-01-16 | $0.1606 | +4.6% | Monthly |
| 2017-11-29 | 2017-12-15 | $0.1535 | — | Monthly |
| 2017-10-30 | 2017-11-15 | $0.1535 | — | Monthly |
| 2017-09-28 | 2017-10-16 | $0.1535 | — | Monthly |
| 2017-08-29 | 2017-09-15 | $0.1535 | — | Monthly |
| 2017-07-27 | 2017-08-15 | $0.1535 | — | Monthly |
| 2017-06-28 | 2017-07-14 | $0.1535 | — | Monthly |
| 2017-05-26 | 2017-06-15 | $0.1535 | — | Monthly |
| 2017-04-26 | 2017-05-15 | $0.1535 | — | Monthly |
| 2017-03-29 | 2017-04-17 | $0.1535 | — | Monthly |
| 2017-02-24 | 2017-03-15 | $0.1535 | — | Monthly |
| 2017-01-27 | 2017-02-15 | $0.1535 | — | Monthly |
| 2016-12-28 | 2017-01-16 | $0.1535 | +6.9% | Monthly |
| 2016-11-28 | 2016-12-15 | $0.1436 | — | Monthly |
| 2016-10-27 | 2016-11-15 | $0.1436 | — | Monthly |
| 2016-09-28 | 2016-10-14 | $0.1436 | — | Monthly |
| 2016-08-29 | 2016-09-15 | $0.1436 | — | Monthly |
| 2016-07-27 | 2016-08-15 | $0.1436 | — | Monthly |
| 2016-06-28 | 2016-07-15 | $0.1436 | — | Monthly |
| 2016-05-26 | 2016-06-15 | $0.1436 | — | Monthly |
| 2016-04-27 | 2016-05-16 | $0.1436 | — | Monthly |
| 2016-03-29 | 2016-04-15 | $0.1436 | +5.7% | Monthly |
| 2016-02-25 | 2016-03-15 | $0.1358 | — | Monthly |
| 2016-01-27 | 2016-02-16 | $0.1358 | — | Monthly |
| 2015-12-29 | 2016-01-15 | $0.1358 | — | Monthly |
| 2015-11-25 | 2015-12-15 | $0.1358 | — | Monthly |
| 2015-10-28 | 2015-11-16 | $0.1358 | — | Monthly |
| 2015-09-28 | 2015-10-15 | $0.1358 | — | Monthly |
| 2015-08-27 | 2015-09-15 | $0.1358 | — | Monthly |
| 2015-07-29 | 2015-08-14 | $0.1358 | — | Monthly |
| 2015-06-26 | 2015-07-15 | $0.1358 | — | Monthly |
| 2015-05-27 | 2015-06-15 | $0.1358 | — | Monthly |
| 2015-04-28 | — | $0.1358 | — | |
| 2015-03-27 | — | $0.1358 | — | |
| 2015-02-25 | — | $0.1358 | — | |
| 2015-01-28 | — | $0.1358 | — | |
| 2014-12-29 | — | $0.1358 | +4.9% | |
| 2014-11-25 | — | $0.1295 | — | |
| 2014-10-29 | — | $0.1295 | — | |
| 2014-09-26 | — | $0.1295 | — | |
| 2014-08-27 | — | $0.1295 | — | |
| 2014-07-29 | — | $0.1295 | — | |
| 2014-06-26 | — | $0.1295 | — | |
| 2014-05-28 | — | $0.1295 | — | |
| 2014-04-28 | — | $0.1295 | — | |
| 2014-03-27 | — | $0.1295 | — | |
| 2014-02-26 | — | $0.1295 | — | |
| 2013-12-27 | — | $0.1295 | −21.7% | |
| 2013-11-27 | 2013-12-16 | $0.1653 | +33.5% | Monthly |
| 2013-11-26 | — | $0.1238 | — | |
| 2013-10-29 | 2013-11-15 | $0.1238 | — | Monthly |
| 2013-09-26 | 2013-10-15 | $0.1238 | — | Monthly |
| 2013-08-28 | 2013-09-16 | $0.1238 | — | Monthly |
| 2013-07-29 | 2013-08-15 | $0.1238 | — | Monthly |
| 2013-06-26 | 2013-07-15 | $0.1238 | — | Monthly |
| 2013-05-29 | 2013-06-14 | $0.1238 | — | Monthly |
| 2013-04-26 | 2013-05-15 | $0.1238 | — | Monthly |
| 2013-03-26 | 2013-04-15 | $0.1238 | — | Monthly |
| 2013-02-26 | 2013-03-15 | $0.1238 | — | Monthly |
| 2013-01-29 | 2013-02-15 | $0.1238 | −75.3% | |
| 2012-11-20 | 2012-12-13 | $0.5011 | −0.5% | Quarterly |
| 2012-08-22 | 2012-09-13 | $0.5036 | +3.5% | Quarterly |
| 2012-05-23 | 2012-06-14 | $0.4866 | −3.4% | Quarterly |
| 2012-03-21 | 2012-04-12 | $0.5035 | +0.7% | Quarterly |
| 2011-11-22 | 2011-12-15 | $0.5 | +400.0% | Quarterly |
| 2011-08-24 | 2011-09-15 | $0.1 | — | Quarterly |
| 2011-05-25 | 2011-06-15 | $0.1 | — | Quarterly |
| 2011-04-06 | 2011-04-15 | $0.1 | — | Quarterly |
| 2010-11-23 | 2010-12-15 | $0.1 | — | Quarterly |
| 2010-08-25 | 2010-09-15 | $0.1 | −33.3% | Quarterly |
| 2010-05-26 | 2010-06-15 | $0.15 | — | Quarterly |
| 2010-04-07 | 2010-04-15 | $0.15 | — | Quarterly |
| 2009-11-24 | 2009-12-15 | $0.15 | — | Quarterly |
| 2009-08-26 | 2009-09-15 | $0.15 | — | Quarterly |
| 2009-05-27 | 2009-06-15 | $0.15 | — | Quarterly |
| 2009-03-30 | 2009-04-15 | $0.15 | — | Quarterly |
| 2008-11-25 | 2008-12-15 | $0.15 | — | Quarterly |
| 2008-08-27 | 2008-09-15 | $0.15 | — | Quarterly |
| 2008-05-28 | 2008-06-15 | $0.15 | — | Quarterly |
| 2008-03-26 | 2008-04-15 | $0.15 | — | Quarterly |
| 2007-11-28 | 2007-12-15 | $0.15 | — | Quarterly |
| 2007-08-29 | 2007-09-15 | $0.15 | — | Quarterly |
| 2007-05-29 | 2007-06-15 | $0.15 | — | Quarterly |
| 2007-03-28 | 2007-04-15 | $0.15 | — | Quarterly |
| 2006-11-28 | 2006-12-15 | $0.15 | — | Quarterly |
| 2006-08-29 | 2006-09-15 | $0.15 | — | Monthly |
| 2006-05-29 | 2006-06-15 | $0.15 | — | Monthly |
| 2006-03-29 | 2006-04-15 | $0.15 | — | Quarterly |
| 2005-11-28 | 2005-12-15 | $0.15 | — | Quarterly |
| 2005-08-29 | 2005-09-15 | $0.15 | — | Quarterly |
| 2005-05-27 | 2005-06-15 | $0.15 | +66.7% | Quarterly |
| 2005-03-29 | 2005-04-15 | $0.09 | — | Quarterly |
| 2004-11-26 | 2004-12-15 | $0.09 | — | Quarterly |
| 2004-08-27 | 2004-09-15 | $0.09 | — | Quarterly |
| 2004-05-26 | 2004-06-15 | $0.09 | — | Quarterly |
| 2004-03-29 | 2004-04-15 | $0.09 | — | Quarterly |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
GRTUF stock split history
Granite Real Estate Investment has no stock splits on record.
GRTUF dividend overview
Granite Real Estate Investment pays an annual dividend of $2.50 per share, a yield of 4.10% at the latest close, paid monthly. It paid $2.41 per share in 2025, up 3.1% from 2024. It has raised its dividend for 5 consecutive years. Over five years the dividend grew 3.1% a year on average and over ten years 4.0% a year. The payout ratio is 58.6% of trailing earnings.
Related: GRTUF cash flow statement, GRTUF key metrics, GRTUF chart. See the GRTUF stock overview for the latest quote and news.
GRTUF dividends FAQ
Does Granite Real Estate Investment pay a dividend?
Yes. Granite Real Estate Investment has paid a regular dividend since 2004, monthly, most recently $0.21 per share with an ex-dividend date of September 29, 2026.
What is Granite Real Estate Investment's dividend yield?
Granite Real Estate Investment's forward annual dividend is $2.50 per share, a dividend yield of 4.10% at the latest close of $60.93.
How often does Granite Real Estate Investment pay dividends?
Granite Real Estate Investment pays dividends monthly.
How fast is Granite Real Estate Investment's dividend growing?
Granite Real Estate Investment's dividend per share grew from $2.07 in 2020 to $2.41 in 2025, 3.1% a year on average over five years; it has increased for 5 years in a row.
What is Granite Real Estate Investment's dividend payout ratio?
Granite Real Estate Investment pays out 58.6% of its trailing earnings as dividends and 53.6% of its free cash flow (fiscal 2025).