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Granite Point Mortgage Trust (GPMT) Dividend Yield, Date & History

Granite Point Mortgage Trust logo
$2.93 -0.04 (-1.35%)
(As of 12/20/2024 05:31 PM ET)
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Granite Point Mortgage Trust Dividend Summary

Dividend Yield
6.83%
Annual Dividend
$0.20
Next
Dividend Payment
Jan. 15
Annualized 3-Year
Dividend Growth
25.99%
Dividend Payout Ratio
-5.18%

Granite Point Mortgage Trust (GPMT) pays an annual dividend of $0.20 per share, with a dividend yield of 6.83%. The next quarterly payment of $0.05 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out -5.18% of its earnings and 25.12% of its cash flow as dividends.

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Skip Charts & View Dividend History

GPMT Dividend Payments by Quarter

The chart below displays up to four years of Granite Point Mortgage Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GPMT Dividend Yield Over Time

The chart below tracks Granite Point Mortgage Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Granite Point Mortgage Trust vs. The Competition

Compare Granite Point Mortgage Trust's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeGranite Point Mortgage TrustFinance CompaniesNYSE Companies
Annual Dividend$0.20$0.02$1.39
Dividend Yield6.83%5.77%3.61%
Annualized 3-Year Dividend Growth25.99%12.89%15.78%

Granite Point Mortgage Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-5.18%
Based on This Year's Estimate-7.84%
Based on Next Year's Estimate-7.49%
Based on Cashflow25.12%

Granite Point Mortgage Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/19/2024Quarterly$0.05 - 6.83%12/31/202412/31/20241/15/2025
9/20/2024Quarterly$0.05 - 6.33%10/1/202410/1/202410/15/2024
6/18/2024Quarterly$0.05-$0.10
66.67%		19.8%7/1/20247/1/20247/15/2024
3/14/2024Quarterly$0.15-$0.05
25.00%		12.51%3/28/20244/1/20244/15/2024
12/19/2023quarterly$0.20 - 13.31%12/28/202312/29/20231/16/2024
9/20/2023Quarterly$0.20 - 15.61%9/29/202310/2/202310/16/2023
6/22/2023quarterly$0.20 - 17.4%6/30/20237/3/20237/17/2023
3/16/2023Quarterly$0.20 - 16.23%3/31/20234/3/20234/17/2023

This table shows Granite Point Mortgage Trust's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Granite Point Mortgage Trust Dividend - Frequently Asked Questions

The current dividend yield for Granite Point Mortgage Trust is 6.83%. Learn more on GPMT's dividend yield history.

The annual dividend for GPMT shares is $0.20. Learn more on GPMT's annual dividend history.

Granite Point Mortgage Trust pays quarterly dividends to shareholders.

Granite Point Mortgage Trust's next quarterly dividend payment of $0.05 per share will be made to shareholders on Wednesday, January 15, 2025.

Granite Point Mortgage Trust's most recent quarterly dividend payment of $0.05 per share was made to shareholders on Tuesday, October 15, 2024.

Granite Point Mortgage Trust's next ex-dividend date is Tuesday, December 31, 2024.

Granite Point Mortgage Trust's most recent ex-dividend date was Tuesday, October 1, 2024.

Over the past three years, the company's dividend has grown by an average of 25.99% per year.

The most recent change in the company's dividend was a decrease of $0.10 on Tuesday, June 18, 2024.

The dividend payout ratio for GPMT is:
  • -5.18% based on the trailing year of earnings
  • 25.12% based on cash flow

Granite Point Mortgage Trust's dividend yield of 6.23% is higher than the average Finance company that issues a dividend. GPMT has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer.

Looking at the stock as a whole, market analysts rate Granite Point Mortgage Trust stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NYSE:GPMT) was last updated on 12/21/2024 by MarketBeat.com Staff
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