DIVIDEND ANNOUNCEMENT: Granite Point Mortgage Trust Inc (NYSE:GPMT) on 03/14/2024 declared a dividend of $0.1500 per share

Granite Point Mortgage Trust Inc (NYSE:GPMT) on 03/14/2024 declared a dividend of $ 0.1500 per share payable on April 15, 2024 to shareholders of record as of April 01, 2024. Dividend amount recorded is a decrease of $ 0.05 from last dividend Paid.

Granite Point Mortgage Trust Inc (NYSE:GPMT) has paid dividends since 2017, has a current dividend yield of 16.5289249420% and has increased its dividends for 0 successive years.

Granite Point Mortgage Trust Inc's market cap is $ 245,838,120 and has a PE ratio of 0.00. The stock price closed yesterday at $ 4.84 and has a 52 week low/high of $ 3.97 and $ 6.41.

Granite Point Mortgage Trust is a holding company. Through its subsidiaries, Co. is a real estate finance company that 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. These investments are capitalized by accessing a variety of funding options, including borrowing under Co.'s bank credit facilities or other asset-specific financings, issuing commercial real estate collateralized loan obligations, entering into term financing agreements, and issuing other forms of secured and unsecured debt and equity securities. Co. operates as a real estate investment trust.

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