Greystone Housing Impact Investors LP

GHI

Financial Services · Mortgage Finance · Stock · quarterly payer

$4.97

Undervalued · +223% Add to Portfolio

Forward Yield

11.27%

Annual Dividend

$0.56

Payout Ratio

788%

5-Yr Growth

11.2%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about GHI's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Greystone Housing Impact Investors LP (GHI) has a forward dividend yield of 11.27%, based on an annual dividend of $0.56 per share and a share price of $4.97.
As of Oct 18, 2026, GHI's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
GHI last cut its regular dividend in 2025.
GHI's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.14 per share.
GHI's dividend has grown at an average rate of 11.2% a year over the past five years.
As of Oct 18, 2026, GHI's 11.27% yield is 12% above its five-year average yield of 10.03%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GHI is $16.07 per share, 223% above the $4.97 share price, so GHI screens as undervalued.
Greystone Housing Impact Investors LP (GHI) pays its dividend quarterly, 4 times a year.
Greystone Housing Impact Investors LP (GHI) has raised its regular dividend 16 times and cut it 17 times across the 271 payments on record since 1986. Its most recent change was a 44.0% cut to $0.140 per share, going ex-dividend on Mar 31, 2026.

Cite this page

SmarterDividends, "GHI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GHI

Summary

As of Oct 18, 2026, Greystone Housing Impact Investors LP (GHI) yields 11.27% ($0.56 a year per share) and has a dividend safety grade of C (53/100).

Is GHI a good dividend stock?

Mixed

Greystone Housing Impact Investors LP (GHI) pays a quarterly dividend yielding 11.27% ($0.56/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

Strong 11.2% 5-yr dividend growth

Risks

Cut its dividend in 2025
Elevated payout ratio (788%)
Very high yield can signal elevated risk
Share price is down over the past 5 years

Key Data

Dividend Yield: 11.27%
Payout Ratio: 788%
Annual Dividend: $0.56
5-Yr Avg Growth: 11.2%
Ex-Dividend Date: Sep 30, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.74
Market Cap: $117.1M
P/E Ratio: —
5-Yr Total Return: -74%
52-Week Range: $4.71 – $9.40
Dividend Safety: C · 53/100
Ever Cut?: Yes (2025)

GHI dividend raises and cuts

Greystone Housing Impact Investors LP (GHI) has raised its regular dividend 16 times and cut it 17 times across the 271 payments on record since 1986. Its most recent change was a 44.0% cut to $0.140 per share, going ex-dividend on Mar 31, 2026.

Ex-date	Change	Old → new	Move
Mar 31, 2026	Cut	$0.250 → $0.140	−44.0%
Dec 31, 2025	Cut	$0.300 → $0.250	−16.7%
Jun 30, 2025	Cut	$0.370 → $0.300	−18.9%
Jun 28, 2024	Raise	$0.368 → $0.370	+0.5%
Mar 27, 2024	Raise	$0.367 → $0.368	+0.4%
Mar 30, 2023	Cut	$0.468 → $0.369	−21.3%
Dec 29, 2022	Cut	$0.568 → $0.468	−17.5%
Jun 29, 2022	Raise	$0.329 → $0.568	+72.7%
Jun 29, 2021	Raise	$0.269 → $0.329	+22.2%
Mar 30, 2021	Raise	$0.179 → $0.269	+50.0%
Jun 29, 2020	Cut	$0.374 → $0.179	−52.0%
Jun 26, 2009	Cut	$0.403 → $0.374	−7.4%

Show all 33 changes since 1987

Ex-date	Change	Old → new	Move
Mar 29, 2000	Raise	$0.134 → $0.403	+200.0%
May 30, 1996	Cut	$0.403 → $0.134	−66.7%
Jan 29, 1996	Raise	$0.134 → $0.403	+200.0%
Oct 25, 1993	Cut	$0.143 → $0.134	−6.2%
Sep 24, 1993	Raise	$0.131 → $0.143	+9.1%
Aug 25, 1993	Cut	$0.134 → $0.131	−2.2%
Jul 26, 1993	Raise	$0.131 → $0.134	+2.3%
Jun 24, 1993	Cut	$0.251 → $0.131	−47.6%
Jan 25, 1990	Cut	$0.323 → $0.251	−22.2%
Dec 22, 1989	Raise	$0.320 → $0.323	+0.9%
Sep 25, 1989	Raise	$0.314 → $0.320	+1.9%
Dec 23, 1988	Cut	$0.424 → $0.317	−25.4%
Nov 23, 1987	Raise	$0.409 → $0.424	+3.6%
Oct 26, 1987	Raise	$0.403 → $0.409	+1.5%
Sep 24, 1987	Cut	$0.415 → $0.403	−2.9%
Aug 25, 1987	Raise	$0.409 → $0.415	+1.5%
Jul 27, 1987	Cut	$0.415 → $0.409	−1.4%
Jul 7, 1987	Raise	$0.412 → $0.415	+0.7%
May 22, 1987	Raise	$0.391 → $0.412	+5.3%
Apr 24, 1987	Cut	$0.397 → $0.391	−1.5%
Mar 25, 1987	Cut	$0.424 → $0.397	−6.3%

Every GHI payment →Download every raise and cut (CSV)

GHI ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →GHI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GHI a good dividend stock?

Mixed. Greystone Housing Impact Investors LP (GHI) pays a quarterly dividend yielding 11.27% ($0.56/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is GHI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GHI's fair value is about $16.07 versus a $4.97 share price — so it looks undervalued (+223% vs. fair value).

Is GHI's dividend safe?

GHI has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is GHI's fair value?

Our blended fair-value estimate for GHI is about $16.07 per share, roughly 223% above the current $4.97 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GHI a buy, hold, or sell?

We don't issue formal ratings, but on the data GHI screens as "mixed" and undervalued. Greystone Housing Impact Investors LP (GHI) pays a quarterly dividend yielding 11.27% ($0.56/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will GHI cut its dividend?

GHI earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GHI pay a dividend?

Yes. Greystone Housing Impact Investors LP pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 11.27%.

What is GHI's dividend yield?

As of Oct 18, 2026, GHI's forward dividend yield is 11.27%, based on a $0.56 annual dividend and a $4.97 share price.

What is GHI's dividend per share?

As of Oct 18, 2026, GHI pays $0.56 per share per year, distributed on a quarterly basis.

What is GHI's dividend payout ratio?

As of Oct 18, 2026, GHI's payout ratio is 788% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has GHI grown its dividend?

GHI does not currently have a long dividend-growth streak on record.

When is the next GHI ex-dividend date?

As of Oct 18, 2026, GHI's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.14 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full GHI dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 30, 2026	Oct 30, 2026	$0.1400	regular
Jun 30, 2026	Jul 31, 2026	$0.1400	regular
Mar 31, 2026	Apr 30, 2026	$0.1400	regular
Dec 31, 2025	Jan 30, 2026	$0.2500	regular
Sep 30, 2025	Oct 31, 2025	$0.3000	regular
Jun 30, 2025	Jul 31, 2025	$0.3000	regular
Mar 31, 2025	Apr 30, 2025	$0.3700	regular
Dec 31, 2024	Jan 31, 2025	$0.3700	regular
Sep 30, 2024	Oct 31, 2024	$0.3700	regular
Jun 28, 2024	Jul 31, 2024	$0.3700	regular
Mar 27, 2024	Apr 30, 2024	$0.3680	regular
Dec 28, 2023	Jan 31, 2024	$0.4382	regular
Sep 28, 2023	Oct 31, 2023	$0.3665	regular
Jun 29, 2023	Jul 31, 2023	$0.4382	regular