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Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

Granite Point Mortgage Trust Dividend Announcement

Granite Point Mortgage Trust announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-01
Granite Point Mortgage Trust annual dividend for 2024 was $0.25
Granite Point Mortgage Trust annual dividend for 2023 was $0.80
Granite Point Mortgage Trust's trailing twelve-month (TTM) dividend yield is 12.78%
Granite Point Mortgage Trust's payout ratio for the trailing twelve months (TTM) is -29.64%
Granite Point Mortgage Trust's dividend growth over the last five years (2018-2023) was -13.16% year

Granite Point Mortgage Trust Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-01$0.05quarterly2024-10-15
2024-07-01$0.05quarterly2024-07-15
2024-03-28$0.15quarterly2024-04-15
2023-12-28$0.20quarterly2024-01-16
2023-09-29$0.20quarterly2023-10-16
2023-06-30$0.20quarterly2023-07-17
2023-03-31$0.20quarterly2023-04-17
2022-12-29$0.20quarterly2023-01-17
2022-09-30$0.25quarterly2022-10-17
2022-06-30$0.25quarterly2022-07-15
2022-03-31$0.25quarterly2022-04-15
2021-12-30$0.25quarterly2022-01-18
2021-09-30$0.25quarterly2021-10-19
2021-06-30$0.25quarterly2021-07-19
2021-03-31$0.25quarterly2021-04-19
2020-12-30$0.45quarterly2021-01-22
2020-10-07$0.20quarterly2020-10-19
2019-12-30$0.42quarterly2020-01-17
2019-10-02$0.42quarterly2019-10-18
2019-07-03$0.42quarterly2019-07-19
2019-03-29$0.42quarterly2019-04-18
2018-12-28$0.42quarterly2019-01-18
2018-10-01$0.42quarterly2018-10-18
2018-06-29$0.40quarterly2018-07-18
2018-03-28$0.38quarterly2018-04-18
2017-12-28$0.38quarterly2018-01-18
2017-09-28$0.32quarterly2017-10-18

Granite Point Mortgage Trust Dividend per year

Granite Point Mortgage Trust Dividend growth

Granite Point Mortgage Trust Dividend Yield

Granite Point Mortgage Trust current trailing twelve-month (TTM) dividend yield is 12.78%. Interested in purchasing Granite Point Mortgage Trust stock? Use our calculator to estimate your expected dividend yield:

Granite Point Mortgage Trust Financial Ratios

P/E ratio-0.96
PEG ratio-0.27
P/B ratio0.27
ROE-24.74%
Payout ratio-29.64%
Current ratio19.48
Quick ratio19.48
Cash Ratio18.02

Granite Point Mortgage Trust Dividend FAQ

How much is the next Granite Point Mortgage Trust dividend?
Granite Point Mortgage Trust's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Granite Point Mortgage Trust dividend. The next Granite Point Mortgage Trust dividend will be released in March, June, September, or December.
When is Granite Point Mortgage Trust dividend paid?
Granite Point Mortgage Trust pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Granite Point Mortgage Trust pay?
The specific amount of Granite Point Mortgage Trust dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Granite Point Mortgage Trust's dividend history.
Does Granite Point Mortgage Trust stock pay dividends?
Yes, Granite Point Mortgage Trust does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Granite Point Mortgage Trust's dividend history.
How much dividend does Granite Point Mortgage Trust pay?
Granite Point Mortgage Trust paid $0.25 in 2024, $0.8 in 2023, $0.95 in 2022, $1.0 in 2021, and $0.65 in 2020.
How often does Granite Point Mortgage Trust pay dividends?
Granite Point Mortgage Trust typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Granite Point Mortgage Trust's dividend yield?
The current dividend yield for Granite Point Mortgage Trust is 12.78%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Granite Point Mortgage Trust's exact dividend yield.
When does Granite Point Mortgage Trust go ex dividend?
Granite Point Mortgage Trust's ex-dividend date for the latest dividend was on 2024-10-01. Granite Point Mortgage Trust typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Granite Point Mortgage Trust dividend paid?
Granite Point Mortgage Trust pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Granite Point Mortgage Trust increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Granite Point Mortgage Trust will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Granite Point Mortgage Trust dividend per share?
Granite Point Mortgage Trust paid $0.25 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Granite Point Mortgage Trust pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Granite Point Mortgage Trust a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Granite Point Mortgage Trust a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Granite Point Mortgage Trust a dividend stock?
Yes, Granite Point Mortgage Trust is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Granite Point Mortgage Trust a good dividend stock?
Whether Granite Point Mortgage Trust is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Granite Point Mortgage Trust has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Granite Point Mortgage Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Granite Point Mortgage Trust pay dividends monthly?
Granite Point Mortgage Trust typically pays dividends on a quarterly basis.
Does Granite Point Mortgage Trust pay dividends quarterly?
Granite Point Mortgage Trust currently pays dividends on a quarterly basis.
Has Granite Point Mortgage Trust ever paid a dividend?
Yes, Granite Point Mortgage Trust has a history of paying dividends to its shareholders. Granite Point Mortgage Trust is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Granite Point Mortgage Trust dividend stocks?
To buy Granite Point Mortgage Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Granite Point Mortgage Trust stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Granite Point Mortgage Trust pay dividends 2024?
Granite Point Mortgage Trust pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Granite Point Mortgage Trust increase its dividend in 2024?
Decisions regarding Granite Point Mortgage Trust dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Granite Point Mortgage Trust dividend overview you can look into the above table of dividend history.
How Granite Point Mortgage Trust dividend works?
The Granite Point Mortgage Trust dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Granite Point Mortgage Trust's dividend process works:

1. Determination of Dividend: Granite Point Mortgage Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Granite Point Mortgage Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Granite Point Mortgage Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Granite Point Mortgage Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Granite Point Mortgage Trust dividends paid?
Granite Point Mortgage Trust dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Granite Point Mortgage Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Granite Point Mortgage Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Granite Point Mortgage Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Granite Point Mortgage Trust pay dividends?
Granite Point Mortgage Trust typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Granite Point Mortgage Trust pay dividends?
The general pattern is that Granite Point Mortgage Trust pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Granite Point Mortgage Trust dividend safe?
The safety of Granite Point Mortgage Trust's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Granite Point Mortgage Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Granite Point Mortgage Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.