Granite Point Mortgage Trust's last dividend of $0.05 per share was on Oct 1, 2024 (ex-date). The annualized dividend payment of $0.45 per share represents a current dividend yield of 15.25%.
Granite Point Mortgage Trust's dividend yield of 15.25% is above the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 6.11%, Granite Point Mortgage Trust's dividend yield is 150% higher. The current dividend yield is more than the historical average of 12.1% of the last 5 years.
Granite Point Mortgage Trust has a history of paying dividends since 2017. Our records of GPMT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 44% since one year ago. And with the stock price down by 30% from a year ago, the dividend yield marks a decrease of 20%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 1, 2024 | $0.05 | 15.1% |
Jul 1, 2024 | $0.05 | 20.83% |
Mar 28, 2024 | $0.15 | 15.72% |
Dec 28, 2023 | $0.2 | 13.07% |
Sep 29, 2023 | $0.2 | 16.39% |
Jun 30, 2023 | $0.2 | 16.04% |
Mar 31, 2023 | $0.2 | 18.15% |
Dec 29, 2022 | $0.2 | 17.79% |
Sep 30, 2022 | $0.25 | 15.53% |
Jun 30, 2022 | $0.25 | 10.45% |
Mar 31, 2022 | $0.25 | 8.99% |
Dec 30, 2021 | $0.25 | 8.53% |
Sep 30, 2021 | $0.25 | 7.21% |
Jun 30, 2021 | $0.25 | 6.1% |
Mar 31, 2021 | $0.25 | 5.43% |
Dec 30, 2020 | $0.2 | 4.08% |
Oct 7, 2020 | $0.2 | 8.64% |
Dec 30, 2019 | $0.42 | 9.13% |
Oct 2, 2019 | $0.42 | 9.21% |
Jul 3, 2019 | $0.42 | 8.86% |
Mar 29, 2019 | $0.42 | 8.94% |
Dec 28, 2018 | $0.42 | 8.88% |
Oct 1, 2018 | $0.42 | 8.47% |
Jun 29, 2018 | $0.4 | 8.07% |
Mar 28, 2018 | $0.38 | 6.46% |
Dec 28, 2017 | $0.38 | 3.94% |
Sep 28, 2017 | $0.32 | 1.71% |
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
IVR Invesco Mortgage Capital Inc | 19.85% | $1.6 | N/A |
GPMT Granite Point Mortgage Trust Inc | 15.25% | $0.45 | N/A |
Yes, Granite Point Mortgage Trust has paid four dividends in the last 12 months. GPMT has been paying dividends since 2017.
Granite Point Mortgage Trust's last dividend ex-date was on Oct 1, 2024. The dividend amount was $0.05 per share.
GPMT has paid dividend of $0.45 per share in the last year.
The current dividend yield of Granite Point Mortgage Trust is 15.25%.
Granite Point Mortgage Trust pays four dividends per year.
Granite Point Mortgage Trust's dividend yield is more than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.