GPMT +.50 to 4.93 after a surprisingly solid Q1 report. The stock price was $18.38 on 12/31, so it was trading at a mere 1% discount to BV back then whereas now it's at a 72% discount to BV. There was a sell-off when the dividend was suspended. Delta Air Lines, Boeing and Darden are among the companies that have stopped paying a dividend, while JPMorgan Chase and McDonald’s are among those that has suspended their share repurchases.
All the shares I have was given to me on our 401 match, still feel the pain. AAPL 358.87 (+2.62%) MSFT 200.57 (+2.78%) Duke Energy today declared a quarterly cash dividend on its common stock of $0.965, an increase of $0.02 per share. Find the latest dividend history for Granite Point Mortgage Trust Inc. Common Stock (GPMT) at Nasdaq.com. Q1 core EPS of $0.32. Re: Coronavirus Dividend Cuts and Suspensions. The novel coronavirus hit the mortgage REIT sector so hard that many of them were forced to suspend or reduce their dividend payments significantly. ... NYSE: GPMT $7.03 down $0.13 (-1.82%) Related Articles. One of the main issues is they suspended their dividend. Copie. Dividend Yield and Dividend History Highlights GPMT's compound annual growth rate of its cash flow over the past 3.25 years is -0.36% -- which is higher than about only 2.29% stocks we're looking at. Worked 28 years with them and have been drawing a pension for 28 years. So obviously, there's a lot of different factors that go into that. You get in at a very affordable price for a stock that will pay a strong yield over 10% when they put the dividend back in place. Review GPMT dividend yield and history, to decide if GPMT is the best investment for you. Granite Point Mortgage Trust's (NYSE:GPMT) suspends its Q1 common stock dividend to conserve liquidity. Daily Dividend Report: DUK,EPD,GEO,MMS,UVE Dividend Channel - 8 hours, 4 minutes ago. Granite Point Mortgage Trust (NYSE:GPMT) declares $0.40/share quarterly dividend, 5.3% increase from prior dividend of $0.38. View GPMT's dividend history, dividend yield, date and payout ratio at MarketBeat.
We will be discussing the second quarter dividend and going forward later in June. Unfortunately for investors, shares of Granite Point Mortgage Trust are down -74.32% YTD and the company has suspended its dividend payments. Is Granite Point Mortgage Trust (NYSE:GPMT) a good stock for dividend investors? Eleven mortgage REITs reportedly declared dividend payment reductions year-to-date, with most of the cuts exceeding 10% of the previous dividend amount. Seems like a bargain to me at around $5. We are in constant dialogue with our Board. Suspended Price as of: JUL 07, 09:26 AM EDT $6.65 -0.27 -3.94% GPMT: NYSE (Stock) Granite Point Mortgage Trust Inc. Dividend policy Suspended ... How much you could have earned from trading GPMT’s dividend. GPMT has an EBITDA to net debt ratio of 0; for context, that's better than merely 9.73% stocks in our set. By early May, Granite Point Mortgage Trust REIT was down -74.32% YTD and it suspended dividend payments. View GPMT's dividend history, dividend yield, date and payout ratio at MarketBeat. Co. focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments.
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