SmarterDividends
GRNT

Granite Ridge Resources, Inc.

GRNT

Energy · Stock · quarterly payer

Forward Yield

8.82%

Annual Dividend

$0.44

Payout Ratio

244%

5-Yr Growth

Ex-Date

May 29, 2026

Frequency

Quarterly

GRNT Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage244% of earnings paid out
Balance-sheet strengthDebt/equity of 0.78
Yield vs its historyYield is 1.5× its 5-yr average — elevated

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

Is GRNT a good dividend stock?

Yes, with caveats

Granite Ridge Resources, Inc. (GRNT) pays a quarterly dividend yielding 8.82% ($0.44/yr), with 3 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

  • Elevated payout ratio (244%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.82%
Payout Ratio
244%
Annual Dividend
$0.44
5-Yr Avg Growth
Ex-Dividend Date
May 29, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.16
Market Cap
$658.2M
P/E Ratio
5-Yr Total Return
-50%
52-Week Range
$4.18 – $6.72
Dividend Safety
C · 60/100
Ever Cut?
No
GRNT ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.44 / yr per share

Per payment (quarterly)$11.00
Annual$44.00
Monthly avg$3.67