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Granite Ridge Resources, Inc Stock Dividends Overview

GRNT pays dividends quarterly. Last paid amount was $0.110 at Mar 15, 2024. As of today, dividend yield (TTM) is 7.18%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.18%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.110
Granite Ridge Resources, Inc has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.

GRNT Dividend Payout History

To ensure a understanding of GRNT'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.110 1.76%
2 Nov 17, 2023 Nov 30, 2023 Dec 15, 2023 $0.110 1.78%
3 Aug 22, 2023 Aug 31, 2023 Sep 15, 2023 $0.110 1.91%
4 May 22, 2023 May 31, 2023 Jun 15, 2023 $0.110 1.73%
5 Feb 21, 2023 Feb 28, 2023 Mar 15, 2023 $0.110 2.18%
6 Nov 14, 2022 Nov 30, 2022 Dec 15, 2022 $0.0800 0.94%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (87.71%)

Growth potential

Decrease likely (25.79%)

GRNT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GRNT 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 GRNT stock here.

FAQ

What factors can affect the amount of GRNT's dividend payments?
The amount of GRNT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GRNT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GRNT stock be automatically reinvested?
If GRNT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GRNT stock.

How often does GRNT pay dividend?
Granite Ridge Resources, Inc (GRNT) pays dividends quarterly. The most recent payout was on Mar 15, 2024.

How much does GRNT pays per share?
The last recorder (Feb 29, 2024) dividend per share was $0.110.

What is GRNT dividend growth rate?
Over the last year, Granite Ridge Resources, Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 11.20%. Furthermore, examining the past 5 years, Granite Ridge Resources, Inc has maintained an average Dividends Per Share Growth Rate of 6.58%.
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