Granite Point Mortgage Trust Inc. (NYSE:GPMT) Announces $0.05 Quarterly Dividend

Posted by on Jun 17th, 2026

Granite Point Mortgage Trust Inc. (NYSE:GPMT – Get Free Report) announced a quarterly dividend on Tuesday, June 16th. Investors of record on Wednesday, July 1st will be given a dividend of 0.05 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 13.8%. The ex-dividend date of this dividend is Wednesday, July 1st.

Granite Point Mortgage Trust has decreased its dividend by an average of 0.2%per year over the last three years. Granite Point Mortgage Trust has a dividend payout ratio of -42.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Granite Point Mortgage Trust to earn ($0.64) per share next year, which means the company may not be able to cover its $0.20 annual dividend with an expected future payout ratio of -31.3%.

Granite Point Mortgage Trust Stock Up 0.3%

NYSE GPMT opened at $1.45 on Wednesday. The company has a market capitalization of $69.24 million, a price-to-earnings ratio of -1.35 and a beta of 1.63. Granite Point Mortgage Trust has a twelve month low of $1.24 and a twelve month high of $3.12. The stock has a fifty day simple moving average of $1.45 and a 200 day simple moving average of $1.88.

Granite Point Mortgage Trust (NYSE:GPMT – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.13. The business had revenue of $11.22 million during the quarter, compared to the consensus estimate of $7.40 million. Granite Point Mortgage Trust had a negative return on equity of 11.31% and a negative net margin of 29.82%. Research analysts expect that Granite Point Mortgage Trust will post -0.69 earnings per share for the current fiscal year.

Granite Point Mortgage Trust Company Profile

(Get Free Report)

Granite Point Mortgage Trust, Inc is a specialty finance company that invests directly in commercial real estate debt. The company focuses on originating, acquiring and managing senior preferred and mezzanine loans secured by income-producing real estate across diverse property types, including multifamily, office, industrial and retail assets. Granite Point Mortgage Trust operates as a real estate investment trust (REIT), providing investors with exposure to floating-rate commercial mortgage loan investments.

Granite Point’s investment strategy centers on structuring loans to deliver attractive risk-adjusted returns, with portfolio allocations spanning senior loans, B-notes and mezzanine financings.

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Dividend History for Granite Point Mortgage Trust (NYSE:GPMT)

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