Granite Real Estate (NYSE:GRP.U) Shares Down 1.5% – Time to Sell?

Posted by ABMN Staff on Dec 2nd, 2025

Granite Real Estate Inc. (NYSE:GRP.U – Get Free Report)’s share price was down 1.5% during mid-day trading on Monday . The company traded as low as $54.47 and last traded at $54.7750. Approximately 2,286 shares traded hands during trading, The stock had previously closed at $55.62.

Granite Real Estate Stock Down 1.5%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.59 and a current ratio of 0.59. The business’s 50 day simple moving average is $55.43 and its 200-day simple moving average is $54.08.

Granite Real Estate Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 29th were issued a $0.206 dividend. This is a positive change from Granite Real Estate’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

About Granite Real Estate

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Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing.