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Griffin Industrial Realty (GRIF) will raise its annual dividend by 33.3 percent to $0.40 per share in 2017. The new dividend yield for GRIF is 1.1%.

The dividend is payable on December 8, 2017 to stockholders of record at the close of business on December 1, 2017.

Griffin Industrial Realty, Inc., formerly Griffin Land & Nurseries, Inc., provides real estate services. The company is involved in developing, managing and leasing industrial/warehouse properties and office/flex properties in the State of New York.