Granite Real Estate Investment Trust announced that its board of trustees has declared a distribution on Granite's stapled units of CAD 0.192 per stapled unit. The distribution will be paid by Granite on February 16, 2016 to stapled unitholders of record at the close of trading on January 29, 2016. The stapled units will begin trading on an ex-dividend basis at the opening of trading on January 27, 2016 on the Toronto Stock Exchange and the New York Stock Exchange.