SmarterDividends
GPMT-PA

Granite Point Mortgage Trust Inc.

GPMT-PA

Real Estate · REIT - Mortgage · Stock · quarterly payer

$12.81

Undervalued · +29% Add to Portfolio

Forward Yield

13.66%

Annual Dividend

$1.75

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 1, 2026

Frequency

Quarterly

Key facts about GPMT-PA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Granite Point Mortgage Trust Inc. (GPMT-PA) has a forward dividend yield of 13.66%, based on an annual dividend of $1.75 per share and a share price of $12.81.
  • As of Oct 27, 2026, GPMT-PA's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • GPMT-PA has never cut its regular dividend in the payment history SmarterDividends has on record.
  • GPMT-PA's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.44 per share.
  • As of Oct 27, 2026, GPMT-PA's 13.66% yield is 78% above its five-year average yield of 7.68%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for GPMT-PA is $16.55 per share, 29% above the $12.81 share price, so GPMT-PA screens as undervalued.
  • Granite Point Mortgage Trust Inc. (GPMT-PA) pays its dividend quarterly, 4 times a year.
  • Granite Point Mortgage Trust Inc. (GPMT-PA) has raised its regular dividend 1 time and cut it 0 times across the 20 payments on record since 2021. Its most recent change was a 189.8% increase to $0.438 per share, going ex-dividend on Mar 31, 2022.
Cite this page

SmarterDividends, "GPMT-PA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/GPMT-PA

Summary

As of Oct 27, 2026, Granite Point Mortgage Trust Inc. (GPMT-PA) yields 13.66% ($1.75 a year per share) and has a dividend safety grade of C (62/100).

Is GPMT-PA a good dividend stock?

Yes, with caveats

Granite Point Mortgage Trust Inc. (GPMT-PA) pays a quarterly dividend yielding 13.66% ($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
13.66%
Payout Ratio
—
Annual Dividend
$1.75
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.65
Market Cap
—
P/E Ratio
19.2
5-Yr Total Return
-48%
52-Week Range
$12.60 – $21.03
Dividend Safety
C · 62/100
Ever Cut?
No

GPMT-PA dividend raises and cuts

Granite Point Mortgage Trust Inc. (GPMT-PA) has raised its regular dividend 1 time and cut it 0 times across the 20 payments on record since 2021. Its most recent change was a 189.8% increase to $0.438 per share, going ex-dividend on Mar 31, 2022.

Ex-dateChangeOld → newMove
Mar 31, 2022Raise$0.151 → $0.438+189.8%
Every GPMT-PA payment →Download every raise and cut (CSV)
GPMT-PA ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →GPMT-PA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GPMT-PA a good dividend stock?

Yes, with caveats. Granite Point Mortgage Trust Inc. (GPMT-PA) pays a quarterly dividend yielding 13.66% ($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.

Is GPMT-PA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GPMT-PA's fair value is about $16.55 versus a $12.81 share price — so it looks undervalued (+29% vs. fair value).

Is GPMT-PA's dividend safe?

GPMT-PA has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is GPMT-PA's fair value?

Our blended fair-value estimate for GPMT-PA is about $16.55 per share, roughly 29% above the current $12.81 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GPMT-PA a buy, hold, or sell?

We don't issue formal ratings, but on the data GPMT-PA screens as "yes, with caveats" and undervalued. Granite Point Mortgage Trust Inc. (GPMT-PA) pays a quarterly dividend yielding 13.66% ($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. This is research for your own analysis, not investment advice.

Will GPMT-PA cut its dividend?

GPMT-PA earns a dividend-safety grade of C (62/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GPMT-PA pay a dividend?

Yes. Granite Point Mortgage Trust Inc. pays a quarterly dividend of about $1.75 per share annually, a forward yield of roughly 13.66%.

What is GPMT-PA's dividend yield?

As of Oct 27, 2026, GPMT-PA's forward dividend yield is 13.66%, based on a $1.75 annual dividend and a $12.81 share price.

What is GPMT-PA's dividend per share?

As of Oct 27, 2026, GPMT-PA pays $1.75 per share per year, distributed on a quarterly basis.

How many years has GPMT-PA grown its dividend?

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

When is the next GPMT-PA ex-dividend date?

As of Oct 27, 2026, GPMT-PA's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.44 per share.

Income Calculator

At $1.75 / yr per share

Per payment (quarterly)$43.75
Annual$175.00
Monthly avg$14.58

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