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

Posted by Donald Scott on Dec 18th, 2025

Granite Point Mortgage Trust Inc. (NYSE:GPMT – Get Free Report) declared a quarterly dividend on Wednesday, December 17th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.05 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Tuesday, December 30th.

Granite Point Mortgage Trust has decreased its dividend by an average of 0.3%per year over the last three years. Granite Point Mortgage Trust has a payout ratio of -42.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Granite Point Mortgage Trust Trading Up 0.2%

Shares of NYSE:GPMT traded up $0.01 during mid-day trading on Thursday, reaching $2.52. The stock had a trading volume of 1,125 shares, compared to its average volume of 366,430. The company has a market cap of $119.24 million, a P/E ratio of -1.76 and a beta of 1.73. Granite Point Mortgage Trust has a 1 year low of $1.61 and a 1 year high of $3.19. The business’s 50 day moving average price is $2.72 and its 200 day moving average price is $2.72.

Granite Point Mortgage Trust (NYSE:GPMT – Get Free Report) last issued its earnings results on Wednesday, May 25th. The company reported $0.38 earnings per share (EPS) for the quarter. The firm had revenue of $27.77 million during the quarter. Granite Point Mortgage Trust had a negative net margin of 39.73% and a negative return on equity of 30.39%. Analysts predict that Granite Point Mortgage Trust will post -2.75 earnings per share for the current fiscal year.

Granite Point Mortgage Trust Company Profile

(Get Free Report)

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.