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Featured MNV Articles:

Ex-Div Reminder for Granite Point Mortgage Trust Inc's 7.0% Ser A Fix/Float Cumul Prrd Stock
Wednesday, June 28, 1:36 PM ET, by Market News Video Staff

On 6/30/23, Granite Point Mortgage Trust Inc's 7.0% Ser A Fix/Float Cumul Prrd Stock (GPMT.PRA) ...

Bullish Two Hundred Day Moving Average Cross - GPMT
Thursday, July 13, 11:30 AM ET, by Market News Video Staff

In trading on Thursday, shares of Granite Point Mortgage Trust Inc (GPMT) crossed above their ...

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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Granite Point Mortgage Trust's Series A Preferred Stock Shares Cross 7.5% Yield Mark
Friday, September 1, 2:15 PM ET, by Market News Video Staff

In trading on Friday, shares of Granite Point Mortgage Trust Inc's 5.75% Dep Shares Series ...

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Granite Point Mortgage Trust About To Put More Money In Your Pocket (GPMT)

By Dividend Channel Staff, Wednesday, June 28, 9:59 AM ET
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On 6/30/23, Granite Point Mortgage Trust Inc (NYSE:GPMT) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 7/17/23. As a percentage of GPMT's recent stock price of $5.24, this dividend works out to approximately 3.82%, so look for shares of Granite Point Mortgage Trust Inc to trade 3.82% lower — all else being equal — when GPMT shares open for trading on 6/30/23.

Below is a dividend history chart for GPMT, showing historical dividends prior to the most recent $0.20 declared by Granite Point Mortgage Trust Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GPMT is likely to continue, and whether the current estimated yield of 15.27% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GPMT shares, versus its 200 day moving average:

Granite Point Mortgage Trust Inc 200 Day Moving Average Chart

Looking at the chart above, GPMT's low point in its 52 week range is $3.97 per share, with $10.825 as the 52 week high point — that compares with a last trade of $5.24.


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In Wednesday trading, Granite Point Mortgage Trust Inc shares are currently off about 1.5% on the day.


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