SmarterDividends
GJP

STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6

GJP

Stock · monthly payer

$24.48

Undervalued · +15% Add to Portfolio

Forward Yield

5.04%

Annual Dividend

$1.23

Payout Ratio

—

5-Yr Growth

12.2%

Ex-Date

—

Frequency

Monthly

Key facts about GJP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) has a forward dividend yield of 5.04%, based on an annual dividend of $1.23 per share and a share price of $24.48.
  • As of Oct 18, 2026, GJP's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • GJP last cut its regular dividend in 2025.
  • GJP's most recent ex-dividend date was Oct 14, 2026, for a dividend of $0.11 per share.
  • GJP's dividend has grown at an average rate of 12.2% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GJP is $28.24 per share, 15% above the $24.48 share price, so GJP screens as undervalued.
  • STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) pays its dividend monthly, 12 times a year.
Cite this page

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

Summary

As of Oct 18, 2026, STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) yields 5.04% ($1.23 a year per share) and has a dividend safety grade of C (60/100).

Is GJP a good dividend stock?

Yes, with caveats

STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) pays a monthly dividend yielding 5.04% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 12.2% 5-yr dividend growth

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
5.04%
Payout Ratio
—
Annual Dividend
$1.23
5-Yr Avg Growth
12.2%
Ex-Dividend Date
—
Years of Growth
0
Frequency
monthly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
1%
52-Week Range
$23.63 – $25.05
Dividend Safety
C · 60/100
Ever Cut?
Yes (2025)

GJP dividend changes

STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) pays a variable dividend: across the 221 payments on record since 2008, 89 were higher than the one before and 89 lower. The latest change was up 5.0% to $0.106 per share, going ex-dividend on Aug 14, 2026.

Ex-dateChangeOld → newMove
Aug 14, 2026Higher$0.101 → $0.106+5.0%
Jul 14, 2026Lower$0.103 → $0.101−1.9%
Jun 12, 2026Higher$0.100 → $0.103+3.0%
May 14, 2026Lower$0.103 → $0.100−2.9%
Apr 14, 2026Higher$0.0930 → $0.103+10.8%
Mar 13, 2026Lower$0.102 → $0.0930−8.8%
Dec 12, 2025Lower$0.107 → $0.103−3.7%
Nov 14, 2025Higher$0.106 → $0.107+0.9%
Oct 14, 2025Lower$0.114 → $0.106−7.0%
Sep 12, 2025Lower$0.116 → $0.114−1.7%
Aug 14, 2025Higher$0.113 → $0.116+2.7%
Jul 14, 2025Lower$0.117 → $0.113−3.4%
GJP ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →GJP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GJP a good dividend stock?

Yes, with caveats. STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) pays a monthly dividend yielding 5.04% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is GJP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GJP's fair value is about $28.24 versus a $24.48 share price — so it looks undervalued (+15% vs. fair value).

Is GJP's dividend safe?

GJP has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is GJP's fair value?

Our blended fair-value estimate for GJP is about $28.24 per share, roughly 15% above the current $24.48 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GJP a buy, hold, or sell?

We don't issue formal ratings, but on the data GJP screens as "yes, with caveats" and undervalued. STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 (GJP) pays a monthly dividend yielding 5.04% ($1.23/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GJP cut its dividend?

GJP earns a dividend-safety grade of C (60/100), 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 GJP pay a dividend?

Yes. STRATS Trust For Dominion Resources Inc. Securities, Series 2005-6 pays a monthly dividend of about $1.23 per share annually, a forward yield of roughly 5.04%.

What is GJP's dividend yield?

As of Oct 18, 2026, GJP's forward dividend yield is 5.04%, based on a $1.23 annual dividend and a $24.48 share price.

What is GJP's dividend per share?

As of Oct 18, 2026, GJP pays $1.23 per share per year, distributed on a monthly basis.

How many years has GJP grown its dividend?

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

When is the next GJP ex-dividend date?

As of Oct 18, 2026, GJP's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $0.11 per share.