My Dividend Calculator

Granite Point Mortgage Trust Inc. 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, preferred

GPMTpA Dividend Calculator & History

GPMTpA pays $0.4375 a share a quarter, about 14.06% a year.

14.06%
Trailing yield
$1.75
Paid per share in 12 months
$12.45
Close on Nov 2
GPMTpA dividend
Last payment
Oct 15, 2026
Pay to the order of
You
$351.41
Three hundred fifty-one and 41/100 dollars
Estimate for 803.2 shares at $0.4375 a share
JAN
1
Next ex-dividend date
About this date, our estimate
 
–
Next pay date
Not declared
OCT
15
Last paid
$0.4375 a share, ex-date Oct 1, 2026
NOV
3
Paid: quarterly
Data as of this date

The ex-date is our estimate from recent gaps between payments, since none is declared yet.

The share price fell 37.5% between month-end closes a year apart, which is part of why the yield looks this high and belongs in any income estimate.

GPMTpA dividend history

What $10,000 of GPMTpA collected on each of the last 14 payments. One coin is $50.

$351
Jul
2023
$351
Oct
$351
Jan
2024
$351
Apr
$351
Jul
$351
Oct
$351
Jan
2025
$351
Apr
$351
Jul
$351
Oct
$351
Jan
2026
$351
Apr
$351
Jul
$351
Oct

How much GPMTpA do I need for $100 a month?

GPMTpA pays about $0.15 a share per month at its recent rate, so $100 a month takes about 686 shares, or about $8,541 at the last close.

To collect a month
$100
686 shares
$8,541 at the last close
To collect a month
$200
1,372 shares
$17,081 at the last close
To collect a month
$500
3,429 shares
$42,691 at the last close
To collect a month
$1,000
6,858 shares
$85,382 at the last close

GPMTpA income calculator

Shares at the last close803.21
GPMTpA income a year$1,405.62
GPMTpA income a month$117.14

Every GPMTpA payment on record

$0.20
$0.40
$0.60
Dec 30, 2021: $0.1510Mar 31, 2022: $0.4375Jun 30, 2022: $0.4375Sep 30, 2022: $0.4375Dec 29, 2022: $0.4375Mar 31, 2023: $0.4375Jun 30, 2023: $0.4375Sep 29, 2023: $0.4375Dec 28, 2023: $0.4375Mar 28, 2024: $0.4375Jul 1, 2024: $0.4375Oct 1, 2024: $0.4375Dec 31, 2024: $0.4375Apr 1, 2025: $0.4375Jul 1, 2025: $0.4375Oct 1, 2025: $0.4375Dec 30, 2025: $0.4375Apr 1, 2026: $0.4375Jul 1, 2026: $0.4375Oct 1, 2026: $0.4375
20222023202420252026
Ex-datePay dateAmountKind
Oct 1, 2026Oct 15, 2026$0.4375
Jul 1, 2026Jul 15, 2026$0.4375
Apr 1, 2026Apr 15, 2026$0.4375
Dec 30, 2025Jan 15, 2026$0.4375
Oct 1, 2025Oct 15, 2025$0.4375
Jul 1, 2025Jul 15, 2025$0.4375
Apr 1, 2025Apr 15, 2025$0.4375
Dec 31, 2024Jan 15, 2025$0.4375
Oct 1, 2024Oct 15, 2024$0.4375
Jul 1, 2024Jul 15, 2024$0.4375
Mar 28, 2024Apr 15, 2024$0.4375
Dec 28, 2023Jan 16, 2024$0.4375
Show the 8 earlier payments
Sep 29, 2023Oct 16, 2023$0.4375
Jun 30, 2023Jul 17, 2023$0.4375
Mar 31, 2023Apr 17, 2023$0.4375
Dec 29, 2022Jan 17, 2023$0.4375
Sep 30, 2022Oct 17, 2022$0.4375
Jun 30, 2022Jul 15, 2022$0.4375
Mar 31, 2022Apr 15, 2022$0.4375
Dec 30, 2021Jan 18, 2022$0.1510

GPMTpA payment changes and cuts

Each row is a regular payment that differs from the one before it. A fall can follow a spin-off as well as a real cut: the record shows what changed, not why.

Ex-dateFromToChange
Mar 31, 2022$0.1510$0.4375+189.8%

GPMTpA yield on cost

GPMTpA bought at $9.96 has a yield on cost of 17.57%, against 14.06% for someone buying at the last close of $12.45.

GPMTpA yield rank

GPMTpA's 14.06% trailing yield is higher than or equal to 98% of the 394 paying preferred shares we track.

GPMTpA DRIP projection

Value after 10 years, reinvested$39,808
Income in the last year, reinvested$5,136
Value after 10 years, taking cash$10,000
Cash collected along the way$14,056
ReinvestedTaking cash, value plus cash
$20,000
Yr 1Yr 3Yr 5Yr 7Yr 9

This is an estimate built on assumptions, not a forecast. It starts from GPMTpA's recent payment rate and the last close, reinvests each payment at that year's price, ignores taxes, and holds the payment and price flat unless you change the two growth fields.

GPMTpA share price at month ends

$14.87
$17.67
$20.55
2024-112025-042025-092026-022026-07

Tickers similar to GPMTpA

These are the preferred shares with the closest yield on the same payment schedule, listed for comparison and not as suggestions.

TickerNameYield
RWTpARedwood Trust, Inc. 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock13.82%
STRDStrategy Inc 10.00% Series A Perpetual Stride Preferred Stock14.36%
LFTpALument Finance Trust, Inc. 7.875% Series A Cumulative Redeemable Preferred Stock13.48%
ABRpFArbor Realty Trust, Inc. 6.25% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, Liquidation Preference $25.00 per share13.34%
HOVNPHovnanian Enterprises Inc. Dep Shr Srs A Pfd14.89%

Payments are cash amounts per share, adjusted for splits. See how each number is worked out and the disclaimer. Nothing here is a recommendation to buy or sell GPMTpA.