Griffin Industrial Realty (GRIF) will raise its annual dividend by 11.1 percent to $0.50 per share in 2019. This follows a 12.5 percent per share dividend hike to 45 cents last year.
The next dividend is payable on December 16, 2019 to stockholders of record at the close of business on December 6, 2019. The new dividend yields 1.3% at a stock price of $38.56.
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/commercial properties in the State of New York.
2022