GPMT Granite Point Mortgage Trust dividend history, payout ratio & dates
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 14.52%.
Key dates
- GPMT last dividend date: Oct 1, 2024
GPMT dividend stats
vs. Real Estate sector
Dividend yield
Granite Point Mortgage Trust's dividend yield of 14.52% is above the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 5.95%, Granite Point Mortgage Trust's dividend yield is 144% higher. The current dividend yield is more than the historical average of 12.1% of the last 5 years.
Dividend history
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 25% from a year ago, the dividend yield marks a decrease of 25%.
Recent dividends
| 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% |
Granite Point Mortgage Trust dividend payouts
Total amount of dividends paid per financial year (from cash flow)
GPMT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IVR Invesco Mortgage Capital Inc | 18.67% | $1.6 | N/A |
| GPMT Granite Point Mortgage Trust Inc | 14.47% | $0.45 | N/A |
Frequently asked questions
Does Granite Point Mortgage Trust pay a dividend?
Yes, Granite Point Mortgage Trust has paid four dividends in the last 12 months. GPMT has been paying dividends since 2017.
When was GPMT's last dividend?
Granite Point Mortgage Trust's last dividend ex-date was on Oct 1, 2024. The dividend amount was $0.05 per share.
How much dividend does Granite Point Mortgage Trust pay (per share)?
GPMT has paid dividend of $0.45 per share in the last year.
What is Granite Point Mortgage Trust's dividend yield?
The current dividend yield of Granite Point Mortgage Trust is 14.52%.
How often does Granite Point Mortgage Trust pay dividends?
Granite Point Mortgage Trust pays four dividends per year.
Does Granite Point Mortgage Trust pay a good dividend?
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.