Granite Point Mortgage Trust Inc. (GPMT) Dividends

Granite Point Mortgage Trust Inc. (GPMT)

Today's Latest Price: $9.71 USD

0.08 (0.83%)

Updated Nov 27 5:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 31 in REITs - Mortgage

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, GPMT has an EBITDA to net debt ratio of -0.02, ranking above just 10.94% stocks in our set.
  • If you're seeking price stability while collecting dividends, note that GPMT has less volatility in its price than merely 3.19% of US stocks in our dividend set.
  • Free cash flow for GPMT has a compound average growth rate of 71.46%, which is higher than 91.27% of stocks in our dividend set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with GPMT that may be suitable potential portfolio mates: UI, MRVL, SRLP, MSFT and JBHT.
GPMT Ex-Dividend Date
GPMT Dividend Yield
8.24%
GPMT Annual Dividend
$0.80
GPMT Payout Ratio

GPMT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$9.71$7.25 -19.29%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Granite Point Mortgage Trust Inc, the DDM model, as implemented by StockNews, implies a negative return of 19.29% relative to its current price. To help understand and contextualize the model's evaluation of GPMT, investors may wish to consider are:

  • Relative to all dividend yielding stocks in our set, GPMT offers a dividend yield in the top 6.19% of stocks in our set.
  • Amongst its dividend-issuing peers in the small-sized market cap category, GPMT has a beta lower than only 1.07% of them.

GPMT Dividend Chart


GPMT Dividend History

Ex-Dividend Date Type Payout Amount Change
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GPMT Dividends vs. Peers

GPMT's dividend yield currently ranks #20 of 34 vs. its peers in the REITs - Mortgage category.
Rank Symbol Name Dividend Yield
1 ARI Apollo Commercial Real Estate Finance, Inc 37.50%
2 NLY Annaly Capital Management Inc 14.71%
3 ORC Orchid Island Capital, Inc. 14.23%
4 ZFC Zais Financial Corp. Common Sto 12.07%
5 CHMI Cherry Hill Mortgage Investment Corporation 11.65%
6 SACH Sachem Capital Corp. Common Shares 11.51%
7 CIM Chimera Investment Corporation 11.33%
8 ARR ARMOUR Residential REIT, Inc. 11.03%
9 CMO Capstead Mortgage Corporation 10.24%
10 NREF NexPoint Real Estate Finance Inc. 9.43%
11 KREF KKR Real Estate Finance Trust Inc. 9.33%
12 AGNC AGNC Investment Corp. 9.25%
13 BXMT Blackstone Mortgage Trust, Inc. 9.24%
14 PMT PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest 9.08%
15 ANH Anworth Mortgage Asset Corporation 8.89%
16 RC Ready Capital Corproation 8.80%
17 EARN Ellington Residential Mortgage REIT Common Shares of Beneficial Interest 8.79%
18 DX Dynex Capital, Inc. 8.71%
19 TWO Two Harbors Investment Corp 8.66%
20 GPMT Granite Point Mortgage Trust Inc. 8.24%
21 NYMT New York Mortgage Trust, Inc. 7.98%
22 MTGE MTGE Investment Corp. 7.67%
23 TRTX TPG RE Finance Trust, Inc. 7.40%
24 OAKS Five Oaks Investment Corp. 7.06%
25 AJX Great Ajax Corp. 6.63%
26 NRZ New Residential Investment Corp. 6.21%
27 ATAX America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests 6.19%
28 WMC Western Asset Mortgage Capital Corporation 6.08%
29 IVR INVESCO MORTGAGE CAPITAL INC 5.76%
30 MFA MFA Financial, Inc. 5.24%
31 CYS CYS Investments, Inc. 4.92%
32 ORM Owens Realty Mortgage, Inc. 4.41%
33 TRMT Tremont Mortgage Trust of Beneficial Interest 0.95%
34 MITT AG Mortgage Investment Trust, Inc. 0.00%

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