Granite Point Mortgage Trust Inc. ( GPMT ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.42 per share is scheduled to be paid on January 18, 2019. Shareholders who purchased GPMT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.53% increase over prior dividend payment. At the current stock price of $18.51, the dividend yield is 9.08%.
The previous trading day's last sale of GPMT was $18.51, representing a -4.24% decrease from the 52 week high of $19.33 and a 14.61% increase over the 52 week low of $16.15.
GPMT is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). GPMT's current earnings per share, an indicator of a company's profitability, is $1.37.
Interested in gaining exposure to GPMT through an Exchange Traded Fund [ETF]?
The following ETF(s) have GPMT as a top-10 holding:
- Invesco Raymond James SB-1 Equity ETF ( RYJ ).
The top-performing ETF of this group is RYJ with an decrease of -24.19% over the last 100 days. It also has the highest percent weighting of GPMT at 0.68%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.