company-logo

Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas.

Granite Ridge Resources Dividend Announcement

Granite Ridge Resources announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
Granite Ridge Resources annual dividend for 2024 was $0.44
Granite Ridge Resources annual dividend for 2023 was $0.44
Granite Ridge Resources's trailing twelve-month (TTM) dividend yield is 7.18%
Granite Ridge Resources's payout ratio for the trailing twelve months (TTM) is 180.20%

Granite Ridge Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-29$0.11quarterly2024-12-16
2024-08-30$0.11quarterly2024-09-13
2024-05-31$0.11quarterly2024-06-14
2024-02-29$0.11quarterly2024-03-15
2023-11-30$0.11quarterly2023-12-15
2023-08-31$0.11quarterly2023-09-15
2023-05-31$0.11quarterly2023-06-15
2023-02-28$0.11quarterly2023-03-15
2022-11-30$0.08quarterly2022-12-15

Granite Ridge Resources Dividend per year

Granite Ridge Resources Dividend growth

Granite Ridge Resources Dividend Yield

Granite Ridge Resources current trailing twelve-month (TTM) dividend yield is 7.18%. Interested in purchasing Granite Ridge Resources stock? Use our calculator to estimate your expected dividend yield:

Granite Ridge Resources Financial Ratios

P/E ratio16.66
PEG ratio0.01
P/B ratio1.21
ROE7.17%
Payout ratio180.20%
Current ratio1.56
Quick ratio1.56
Cash Ratio0.27

Granite Ridge Resources Dividend FAQ

How much is the next Granite Ridge Resources dividend?
Granite Ridge Resources'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 Ridge Resources dividend. The next Granite Ridge Resources dividend will be released in February, May, August, or November.
When is Granite Ridge Resources dividend paid?
Granite Ridge Resources pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Ridge Resources pay?
The specific amount of Granite Ridge Resources 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 Ridge Resources's dividend history.
Does Granite Ridge Resources stock pay dividends?
Yes, Granite Ridge Resources 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 Ridge Resources's dividend history.
How much dividend does Granite Ridge Resources pay?
Granite Ridge Resources paid $0.44 in 2024, $0.44 in 2023, $0.08 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Granite Ridge Resources pay dividends?
Granite Ridge Resources 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 February, May, August, and November.
What is Granite Ridge Resources's dividend yield?
The current dividend yield for Granite Ridge Resources is 7.18%. 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 Ridge Resources's exact dividend yield.
When does Granite Ridge Resources go ex dividend?
Granite Ridge Resources's ex-dividend date for the latest dividend was on 2024-11-29. Granite Ridge Resources 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 Ridge Resources dividend paid?
Granite Ridge Resources pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Granite Ridge Resources 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 Ridge Resources 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 Ridge Resources dividend per share?
Granite Ridge Resources paid $0.44 per share in 2024 and $0.44 per share in 2023. The amount of dividend per share that Granite Ridge Resources 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 Ridge Resources 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 Ridge Resources 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 Ridge Resources a dividend stock?
Yes, Granite Ridge Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Granite Ridge Resources a good dividend stock?
Whether Granite Ridge Resources 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 Ridge Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Granite Ridge Resources 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 Ridge Resources pay dividends monthly?
Granite Ridge Resources typically pays dividends on a quarterly basis.
Does Granite Ridge Resources pay dividends quarterly?
Granite Ridge Resources currently pays dividends on a quarterly basis.
Has Granite Ridge Resources ever paid a dividend?
Yes, Granite Ridge Resources has a history of paying dividends to its shareholders. Granite Ridge Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Granite Ridge Resources dividend stocks?
To buy Granite Ridge Resources 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 Ridge Resources 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 Ridge Resources pay dividends 2024?
Granite Ridge Resources pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. 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 Ridge Resources increase its dividend in 2024?
Decisions regarding Granite Ridge Resources 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 Ridge Resources dividend overview you can look into the above table of dividend history.
How Granite Ridge Resources dividend works?
The Granite Ridge Resources 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 Ridge Resources's dividend process works:

1. Determination of Dividend: Granite Ridge Resources'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 Ridge Resources 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 Ridge Resources 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 Ridge Resources 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 Ridge Resources dividends paid?
Granite Ridge Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Granite Ridge Resources 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 Ridge Resources 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 Ridge Resources 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 Ridge Resources pay dividends?
Granite Ridge Resources 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 Ridge Resources pay dividends?
The general pattern is that Granite Ridge Resources pays dividends around February, May, August, and November. 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 Ridge Resources dividend safe?
The safety of Granite Ridge Resources'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 Ridge Resources'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 Ridge Resources'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.