Granite Point Mortgage Trust Inc. (GPMT) Dividends

Granite Point Mortgage Trust Inc. (GPMT): $10.15

0.18 (+1.81%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Dividend Yield and Dividend History Highlights

  • In terms of debt burden relative to earnings, GPMT has an EBITDA to net debt ratio of 0.01, ranking above 6.46% stocks in our set.
  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that GPMT has less fluctuation in its price than merely 12.28% of stocks we're observing.
  • GPMT's free cash flow has been growing at a compound average annual rate of 78.67% over the past 4.25 years -- higher than 92.32% of current US-listed dividend stocks.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with GPMT's price: SAIL, BMRC, SVT, WPM and AAON.
GPMT Ex-Dividend Date
GPMT Dividend Yield
9.85%
GPMT Annual Dividend
$1.00
GPMT Payout Ratio

GPMT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$10.15$29.25 165.89%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for GPMT, the dividend discount model StockNews created for the company implies a positive return of 165.89%. Digging deeper, the aspects of Granite Point Mortgage Trust Inc's dividend discount model that we found most interesting were:

  • Compared to other US stocks that pay a dividend, Granite Point Mortgage Trust Inc produces a dividend yield 9.09% -- which falls in the top 3.88%.
  • Compared to other dividend issuers in the small-sized market cap category, GPMT's beta -- a measure of volatility relative to the market at large -- is lower than merely 21.42% of them.
  • As other dividend issuers in the Real Estate sector, Granite Point Mortgage Trust Inc has an equity discount rate lower than merely 17.65% 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 #21 of 39 vs. its peers in the REITs - Mortgage category.
Rank Symbol Name Dividend Yield
1 IVR INVESCO MORTGAGE CAPITAL INC 20.95%
2 ORC Orchid Island Capital, Inc. 16.56%
3 CHMI Cherry Hill Mortgage Investment Corporation 15.70%
4 ARR ARMOUR Residential REIT, Inc. 15.52%
5 MFA MFA Financial, Inc. 14.50%
6 CIM Chimera Investment Corporation 14.07%
7 TWO Two Harbors Investment Corp 13.28%
8 NYMT New York Mortgage Trust Inc. 13.25%
9 NLY Annaly Capital Management Inc 13.04%
10 TRMT Tremont Mortgage Trust of Beneficial Interest 13.03%
11 BRMK Broadmark Realty Capital Inc. 12.43%
12 PMT PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest 12.17%
13 ZFC Zais Financial Corp. Common Sto 12.07%
14 RC Ready Capital Corproation 12.05%
15 AGNC AGNC Investment Corp. 11.36%
16 SACH Sachem Capital Corp. Common Shares 11.31%
17 MITT AG Mortgage Investment Trust, Inc. 11.16%
18 EARN Ellington Residential Mortgage REIT Common Shares of Beneficial Interest 11.06%
19 ARI Apollo Commercial Real Estate Finance, Inc 10.91%
20 WMC Western Asset Mortgage Capital Corporation 10.61%
21 GPMT Granite Point Mortgage Trust Inc. 10.03%
22 AJX Great Ajax Corp. 9.81%
23 LFT Lument Finance Trust Inc. 9.49%
24 DX Dynex Capital, Inc. 9.47%
25 TRTX TPG RE Finance Trust, Inc. 9.44%
26 NREF NexPoint Real Estate Finance Inc. 9.35%
27 NRZ New Residential Investment Corp. 9.18%
28 BRSP BrightSpire Capital Inc. 9.06%
29 KREF KKR Real Estate Finance Trust Inc. 8.80%
30 BXMT Blackstone Mortgage Trust, Inc. 8.17%
31 CMTG Claros Mortgage Trust, Inc. 7.92%
32 MTGE MTGE Investment Corp. 7.67%
33 ATAX America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests 7.52%
34 OAKS Five Oaks Investment Corp. 7.06%
35 ANH Anworth Mortgage Asset Corporation 5.37%
36 CYS CYS Investments, Inc. 4.92%
37 ORM Owens Realty Mortgage, Inc. 4.41%
38 CMO Capstead Mortgage Corporation 0.92%
39 AAIC Arlington Asset Investment Corp. 0.00%

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