Is Granite REIT Stock a Buy for its 4.3% Dividend Yield?
Granite REIT (TSX:GRT.UN) is a Canadian real estate investment trust (REIT) that acquires and develops industrial properties. “Industrial properties” is a broad category that includes warehouses, factories and data centres. Granite is one of the main REITs in this real estate sub-sector in Canada. It trades on both the TSX and the New York Stock…