Granite Point Mortgage Trust Inc. Stock Dividends
GPMT pays dividends quarterly. Last paid amount was $0.150 at Apr 15, 2024. As of today, dividend yield (TTM) is 15.03%.
Dividend Yield Range
AI Analysis of GPMT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 15.03% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -25.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.150 |
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Granite Point Mortgage Trust Inc. has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.
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GPMT Dividend Payout History
To ensure a understanding of GPMT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.150 | 3.48% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.200 | 3.53% |
| 3 | Sep 20, 2023 | Sep 29, 2023 | Oct 16, 2023 | $0.200 | 4.44% |
| 4 | Jun 22, 2023 | Jun 30, 2023 | Jul 17, 2023 | $0.200 | 3.58% |
| 5 | Mar 16, 2023 | Mar 31, 2023 | Apr 17, 2023 | $0.200 | 4.12% |
| 6 | Dec 20, 2022 | Dec 29, 2022 | Jan 17, 2023 | $0.200 | 3.23% |
| 7 | Sep 20, 2022 | Sep 30, 2022 | Oct 17, 2022 | $0.250 | 3.67% |
| 8 | Jun 16, 2022 | Jun 30, 2022 | Jul 15, 2022 | $0.250 | 2.62% |
| 9 | Mar 17, 2022 | Mar 31, 2022 | Apr 15, 2022 | $0.250 | 2.39% |
| 10 | Dec 16, 2021 | Dec 30, 2021 | Jan 18, 2022 | $0.250 | 2.08% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
GPMT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GPMT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GPMT stock here.
Comparing GPMT to Sector and Country
GPMT pays a solid dividend yield of 15.03%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.07%). GPMT’s dividend yield is higher than the average of the top 25% of dividend payers in the Real Estate sector in the US market (12.30%).
