Granite Point Mortgage Trust Inc.
GPMT-PAReal Estate · Stock · quarterly payer
Forward Yield
10.05%
Annual Dividend
$1.75
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of August 2026, Granite Point Mortgage Trust Inc. (GPMT-PA) yields 10.05% ($1.75 per share annually), with a blended fair-value estimate of $15.65 — -10% downside, so it screens as fairly valued. Dividend safety grade: C (64/100).
Is GPMT-PA a good dividend stock?
Yes, with caveatsGranite Point Mortgage Trust Inc. (GPMT-PA) pays a quarterly dividend yielding 10.05% ($1.75/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
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.05%
- Payout Ratio
- —
- Annual Dividend
- $1.75
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.63
- Market Cap
- —
- P/E Ratio
- 25.8
- 5-Yr Total Return
- -30%
- 52-Week Range
- —
- Dividend Safety
- C · 64/100
- Ever Cut?
- No
Frequently Asked Questions
GPMT-PA Price — Last 12 Months
Daily close
Price Return
1 Year
-16%
3 Years
+2%
5 Years
-30%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GPMT-PA worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Granite Point Mortgage Trust Inc. is $15.65 per share, versus a market price of $17.42. That implies the stock is roughly fairly priced.
Fair Value
$15.65
Current Price
$17.42
Gap
-10%
Margin of Safety
-11%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 12.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.67 EPS, $1.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GPMT-PA Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.4375 | regular |
| Apr 1, 2026 | — | $0.4375 | regular |
| Dec 30, 2025 | — | $0.4375 | regular |
| Oct 1, 2025 | — | $0.4375 | regular |
| Jul 1, 2025 | — | $0.4375 | regular |
| Apr 1, 2025 | — | $0.4375 | regular |
| Dec 31, 2024 | — | $0.4375 | regular |
| Oct 1, 2024 | — | $0.4375 | regular |
| Jul 1, 2024 | — | $0.4375 | regular |
| Mar 28, 2024 | — | $0.4375 | regular |
| Dec 28, 2023 | — | $0.4375 | regular |
| Sep 29, 2023 | — | $0.4375 | regular |
| Jun 30, 2023 | — | $0.4375 | regular |
| Mar 31, 2023 | — | $0.4375 | regular |
Income Calculator
At $1.75 / yr per share
