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Dividend Vision

GPMT — Granite Point Mortgage Trust Inc

Granite Point Mortgage Trust Inc (GPMT)

GPMT pays a 16.39% distribution rate, quarterly. Its Distribution Safety Score™ is 12 (High risk), giving a Safety-Adjusted Yield of 1.97%. Total return is -85.1% over the past 9.1 years, 352.5 points behind SPY at 267.4%. Its deepest 1-year drawdown was 56.2%.

Granite Point Mortgage Trust is a real estate investment trust that originates, invests in, and manages senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments, offering intermediate-term bridge and transitional financing for acquisitions, recapitalizations, refinancing, and property repositioning. The company distributes quarterly and currently carries a high distribution rate. This REIT appeals to income-focused investors seeking exposure to commercial real estate debt markets.

GPMT key facts

Distribution Safety Score™
12 · High risk
Safety-Adjusted Yield
1.97%
Asset type
Stock
Asset class
Equity
Inception date
06/23/2017
Distribution rate
16.39%
Distribution frequency
Quarterly
Trailing yield
16.81%
5-year average yield
12.72
Last close
$1.19
Market cap
$66,129,080
Average volume
243700.0
Last dividend
$0.0500
Ex-dividend date
07/01/2026
Payment date
07/15/2026
Beta
1.625
Payout ratio
5.8824
Forward P/E
47.619
EPS
$-1.07