Granite REIT and Australian dividend stocks highlighted for investors

Granite Real Estate Investment Trust (TSX:GRT) in Canada reported a 7.5% year‑over‑year increase in funds from operations per unit, with a monthly dividend payout of $0.2958 per unit (63% payout ratio). The REIT owns 108 logistics and industrial properties totalling about 45.3 million sq ft across North America and Europe, with occupancy near 98% and strong leasing activity, especially in the Greater Toronto Area and the United States.

In Australia, broker analyses identified four dividend‑paying stocks with yields above 5%: Chorus Ltd, a New Zealand‑based fibre and copper infrastructure firm listed on the ASX, forecast a 6.3% yield rising to 6.7% by FY28; Aurizon Ltd, a rail freight operator, projected a 5.4% yield this year and 6% next year; Viva Energy Ltd, operator of the Geelong refinery, saw a 7.6% yield for the current year with an expected decline to 4.2% next year; and Regal Partners Ltd, a fund manager, posted solid earnings and a strong dividend profile. These companies are being recommended for investors seeking stable, medium‑to‑long‑term dividend income.