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Granite Point Mortgage Trust Inc Dividend Announcement

(NYSE:GPMT), www.GPMortgageTrust.com

DIVIDEND ANNOUNCEMENT: Granite Point Mortgage Trust Inc (NYSE:GPMT) on 06/20/2019 declared a dividend of $0.4200 per share

June 20, 2019

Granite Point Mortgage Trust Inc (NYSE:GPMT) on 06/20/2019 declared a dividend of $ 0.4200 per share payable on July 19, 2019 to shareholders of record as of July 05, 2019.

Granite Point Mortgage Trust Inc (NYSE:GPMT) has paid dividends since 2017, has a current dividend yield of 8.8142709732% and has increased its dividends for 1 successive years.

Granite Point Mortgage Trust Inc's market cap is $ 1,024,303,460 and has a PE ratio of 13.33. The stock price closed yesterday at $ 19.06 and has a 52 week low/high of $ 17.45 and $ 19.69.

Granite Point Mortgage Trust operates as a real estate investment trust. Co. focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Co.'s primary target investments are directly originated floating-rate performing, intermediate term, bridge or transitional senior commercial real estate loans, typically with terms of three to five years that are backed by a variety of property types. Co. focuses its investment on property types including office, industrial, multifamily, hospitality, retail and others.

For more information on Granite Point Mortgage Trust Inc click here.

Granite Point Mortgage Trust Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: June 20, 2019
Dividend Ex Date: July 03, 2019
Dividend Record Date: July 05, 2019
Dividend Payment Date: July 19, 2019
Dividend Amount: $ 0.4200
 
 

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