GPMT Dividend History & Yield

Granite Point Mortgage Trust Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$1.01
-2.40% today
as of Sep 8, 2026
TTM yield
19.70%
$0.20/share over the last 12 months
Forward yield
19.70%
$0.20/share indicated annual rate
Annual dividend
$0.20
per share, forward
Per payment
$0.05
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 30, 2026 Estimated
in 22 days
Next pay date
Oct 14, 2026
in 36 days
Last ex-dividend date
Jul 1, 2026
$0.05 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
48.6M
P/E n/a
5y dividend CAGR
-29.5%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
8.9
since Sep 28, 2017
1y total return
-58.0%
price -64.9% + dividends 6.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 30, 2026 (in 22 days) Oct 14, 2026 $0.05 $5.00 Estimated
Wed, Dec 30, 2026 (in 113 days) Jan 13, 2027 $0.05 $5.00 Estimated
Wed, Mar 31, 2027 (in 204 days) Apr 14, 2027 $0.05 $5.00 Estimated
Wed, Jun 30, 2027 (in 295 days) Jul 14, 2027 $0.05 $5.00 Estimated

Estimated dates and amounts are projected from GPMT's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.20 per share.

Dividend payment history

Last 34 payments per share. RegularSpecial

Last 34 payments per share from Sep 28, 2017 to Jul 1, 2026; most recent $0.05$0.00$0.25$0.50Sep 28, 2017: $0.32Sep '17Dec 28, 2017: $0.38Mar 28, 2018: $0.38Jun 29, 2018: $0.40Oct 1, 2018: $0.42Dec 28, 2018: $0.42Dec '18Mar 29, 2019: $0.42Jul 3, 2019: $0.42Oct 2, 2019: $0.42Dec 30, 2019: $0.42Oct 7, 2020: $0.20Oct '20Dec 30, 2020: $0.45Mar 31, 2021: $0.25Jun 30, 2021: $0.25Sep 30, 2021: $0.25Dec 30, 2021: $0.25Dec '21Mar 31, 2022: $0.25Jun 30, 2022: $0.25Sep 30, 2022: $0.25Dec 29, 2022: $0.20Mar 31, 2023: $0.20Mar '23Jun 30, 2023: $0.20Sep 29, 2023: $0.20Dec 28, 2023: $0.20Mar 28, 2024: $0.15Jul 1, 2024: $0.05Jul '24Oct 1, 2024: $0.05Dec 31, 2024: $0.05Apr 1, 2025: $0.05Jul 1, 2025: $0.05Oct 1, 2025: $0.05Oct '25Dec 30, 2025: $0.05Apr 1, 2026: $0.05Jul 1, 2026: $0.05

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $0.70$0.7020172018: $1.62$1.6220182019: $1.68$1.6820192020: $0.65$0.6520202021: $1.00$1.0020212022: $0.95$0.9520222023: $0.80$0.8020232024: $0.30$0.3020242025: $0.20$0.2020252026 (YTD): $0.10$0.102026 YTD

How much GPMT do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month6,000$6,090$1,200
$500 / month30,000$30,450$6,000
$1,000 / month60,000$60,900$12,000

Based on the forward yield of 19.70%. $10,000 in GPMT would currently pay about $1,970 a year ($164 a month on average). Model reinvestment and growth →

GPMT dividend history

Show all 34 payments
Ex-datePay dateAmountChange
Jul 1, 2026 $0.05 +0.0%
Apr 1, 2026 $0.05 +0.0%
Dec 30, 2025 $0.05 +0.0%
Oct 1, 2025 $0.05 +0.0%
Jul 1, 2025 $0.05 +0.0%
Apr 1, 2025 $0.05 +0.0%
Dec 31, 2024 $0.05 +0.0%
Oct 1, 2024 $0.05 +0.0%
Jul 1, 2024 $0.05 -66.7%
Mar 28, 2024 $0.15 -25.0%
Dec 28, 2023 $0.20 +0.0%
Sep 29, 2023 $0.20 +0.0%
Jun 30, 2023 $0.20 +0.0%
Mar 31, 2023 $0.20 +0.0%
Dec 29, 2022 $0.20 -20.0%
Sep 30, 2022 $0.25 +0.0%
Jun 30, 2022 $0.25 +0.0%
Mar 31, 2022 $0.25 +0.0%
Dec 30, 2021 $0.25 +0.0%
Sep 30, 2021 $0.25 +0.0%
Jun 30, 2021 $0.25 +0.0%
Mar 31, 2021 $0.25 -44.4%
Dec 30, 2020 $0.45 +125.0%
Oct 7, 2020 $0.20 -52.4%

Payout risk check

Yield-trap heuristicElevated risk

GPMT scores 60/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 30% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Granite Point Mortgage Trust Inc.

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments in the United States. The company offers intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, such as lease-up, renovation, repositioning, and repurposing of the commercial property.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Sep 28, 2017. 34 payments tracked.

GPMT dividend FAQ

When is GPMT's next ex-dividend date?

GPMT's next ex-dividend date is Sep 30, 2026 (in 22 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.05 per share, expected on Oct 14, 2026.

How often does GPMT pay dividends?

GPMT pays dividends every quarter, 4 times a year. The most recent payment was $0.05 per share with an ex-date of Jul 1, 2026.

What is GPMT's dividend yield?

GPMT's trailing 12-month dividend yield is 19.70%, based on $0.20 per share paid over the last year and a share price of $1.01. The forward yield, using the indicated annual rate of $0.20 per share, is 19.70%.

How much does GPMT pay per share?

GPMT pays about $0.05 per share each quarter, which works out to roughly $0.20 per share a year. 100 shares would collect about $20.00 a year.

Has GPMT grown or cut its dividend?

Over the last 5 years the regular payout has shrunk at 29.5% a year (+0.0% over the last year). GPMT did cut a regular payment within the last 5 years.

How many shares of GPMT do I need to earn $100 a month?

At the current forward yield of 19.70%, you would need about 6,000 shares of GPMT (roughly $6,090 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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