Granite Point Mortgage Trust Inc. (GPMT) Dividends

Granite Point Mortgage Trust Inc. (GPMT): $13.52

-0.04 (-0.29%)

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
7.37%
GPMT Annual Dividend
$1.00
GPMT Payout Ratio

GPMT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$13.52$19.16 40.56%

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 DDM model generated by StockNews estimates a return of positive 40.56% in comparison to its current price. 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's dividend yield of 7.34% is in the top 7%.
  • Compared to other dividend issuers in the small-sized market cap category, GPMT has a beta lower than 7.59% 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 #28 of 37 vs. its peers in the REITs - Mortgage category.
Rank Symbol Name Dividend Yield
1 ORC Orchid Island Capital, Inc. 15.60%
2 TRMT Tremont Mortgage Trust of Beneficial Interest 13.03%
3 ZFC Zais Financial Corp. Common Sto 12.07%
4 CHMI Cherry Hill Mortgage Investment Corporation 11.86%
5 IVR INVESCO MORTGAGE CAPITAL INC 11.25%
6 ARR ARMOUR Residential REIT, Inc. 11.19%
7 RC Ready Capital Corproation 10.97%
8 NLY Annaly Capital Management Inc 10.16%
9 TWO Two Harbors Investment Corp 10.13%
10 EARN Ellington Residential Mortgage REIT Common Shares of Beneficial Interest 9.81%
11 PMT PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest 9.32%
12 WMC Western Asset Mortgage Capital Corporation 9.30%
13 NYMT New York Mortgage Trust Inc. 9.20%
14 ARI Apollo Commercial Real Estate Finance, Inc 9.14%
15 LFT Lument Finance Trust Inc. 9.00%
16 NREF NexPoint Real Estate Finance Inc. 8.99%
17 NRZ New Residential Investment Corp. 8.83%
18 AGNC AGNC Investment Corp. 8.73%
19 DX Dynex Capital, Inc. 8.66%
20 MFA MFA Financial, Inc. 8.57%
21 CIM Chimera Investment Corporation 8.47%
22 BRMK Broadmark Realty Capital Inc. 8.21%
23 KREF KKR Real Estate Finance Trust Inc. 7.78%
24 SACH Sachem Capital Corp. Common Shares 7.77%
25 BXMT Blackstone Mortgage Trust, Inc. 7.70%
26 MTGE MTGE Investment Corp. 7.67%
27 TRTX TPG RE Finance Trust, Inc. 7.51%
28 GPMT Granite Point Mortgage Trust Inc. 7.46%
29 OAKS Five Oaks Investment Corp. 7.06%
30 ATAX America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests 6.84%
31 MITT AG Mortgage Investment Trust, Inc. 6.83%
32 AJX Great Ajax Corp. 5.98%
33 ANH Anworth Mortgage Asset Corporation 5.37%
34 CYS CYS Investments, Inc. 4.92%
35 ORM Owens Realty Mortgage, Inc. 4.41%
36 CMO Capstead Mortgage Corporation 0.92%
37 AAIC Arlington Asset Investment Corp. 0.00%

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