How Many GPMT Shares for $500 or $1,000 a Month?
At $0.04 a share a year, $500 a month takes about 150,000 GPMT shares, about $366,000 at the Nov 13, 2026 close of $2.44. $1,000 a month takes about 300,000 shares, about $732,000. Before taxes, and only while the rate holds.
Granite Point Mortgage Trust (GPMT) pays $0.01 a share quarterly, $0.04 a year, a 1.64% run-rate yield at the Nov 13, 2026 close of $2.44. It has made 35 dividend payments since 2017.
At today’s rate of $0.01 quarterly and the last close of $2.44, this is what GPMT pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.01 | $0.00 | $0.04 |
| 100 shares | $1.00 | $0.33 | $4.00 |
| $10,000 invested (4,098.4 shares) | $40.98 | $13.66 | $163.93 |
| 150,000 shares ($500/mo) | $1,500.00 | $500.00 | $6,000.00 |
| 300,000 shares ($1,000/mo) | $3,000.00 | $1,000.00 | $12,000.00 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 GPMT shares reinvest into 0.41 new shares each payment, about 1.6 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 244 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with GPMT’s own history in the GPMT DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (cash flow): does cash from the business cover the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Liquidity: is there cash for debts due this year rating
- Earnings direction: are sales and profits growing or shrinking report
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
GPMT Dividend Yield Today vs Its 5-Year Range
- GPMT yields 1.64% today, at the Nov 13, 2026 close of $2.44.
- Its own 9-year median is 8.19%, so today’s yield is below its usual level.
- No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 9-year history as it is.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 9 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is GPMT’s Next Dividend? Ex-Date and Pay Date After October 2026
GPMT has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.01 a share, went ex on Oct 1, 2026 and paid Oct 5, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 2 days after the ex-date
- Next earnings report: Feb 10, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does GPMT Pay?
GPMT pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Apr, Jul, Oct and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
- Streak: 0 years of higher annual totals (through 2025)
- Last change: cut Oct 1, 2026 - $0.05 to $0.01 (-80.00%)
- Last raise: Jun 29, 2018 - $3.80 to $4.00 (+$0.20, +5.26%)
- FFO payout (approx.): n/a (FFO negative) - $0.20 paid / $-28.56 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
- Cash-flow payout: 86.1% - $0.20 paid / $0.23 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 26.7% (median of 12 earlier trailing years)
- GAAP EPS payout (context): n/a (EPS negative) - $0.20 paid / -$14.50 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
GPMT vs Similar Dividend Stocks (BREUF, LFT...)
Against the 10 dividend-paying Real Estate companies closest to GPMT in market value, GPMT’s 1.64% run-rate yield is below the group’s middle yield of 8.12%, and its raise streak of 0 years is the 3rd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | No cut ⓘ |
|---|---|---|---|---|
| GPMT $2.44Granite Point Mortgage Trust | $0.01/qtr$0.04/yr fwd | 1.64% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| BREUF $1.74Bridgemarq Real Estate Services | $0.079/mo$0.95/yr fwd | 54.48% | Dividend Safety Rating: paid plans only | 11+ yrsno raise streak |
| LFT $3.77Lument Finance Trust | $0.04/qtr$0.16/yr fwd | 4.24% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| SQFTP $6.08Presidio Property Trust | $0.1953/mo$2.34/yr fwd | 38.55% | Dividend Safety Rating: paid plans only | 3+ yrsno raise streak |
| BHM $7.70Bluerock Homes Trust | $0.125/qtr$0.50/yr fwd | 6.49% | Dividend Safety Rating: paid plans only | 1 yrno raise streak |
| SACH $0.69Sachem Capital | $0.01/qtr$0.04/yr fwd | 5.80% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| SCCE $24.38Sachem Capital Corp. 6.00% Note | $0.375/qtr$1.50/yr fwd | 6.15% | Dividend Safety Rating: paid plans only | 3+ yrsraised 1 yr in a row |
| JREIF $769.20Japan Real Estate Investment | $16.2859/half-yr$32.57/yr fwd | 4.23% | Dividend Safety Rating: paid plans only | 2 yrsraised 2 yrs in a row |
| SITC $0.69SITE Centers | $1.00/qtr$4.00/yr fwd | 579.71% | Dividend Safety Rating: paid plans only | 1 yrno raise streak |
| LOAN $3.21Manhattan Bridge Capital | $0.11/qtr$0.44/yr fwd | 13.71% | Dividend Safety Rating: paid plans only | 0 yrsno raise streak |
| FSP $0.41Franklin Street Properties | $0.01/qtr$0.04/yr fwd | 9.76% | Dividend Safety Rating: paid plans only | 3 yrsno raise streak |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: GPMT vs BREUF, GPMT vs LFT, GPMT vs SQFTP.
GPMT Dividend History: Every Payment Since 2017
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Oct 1, 2026 | Oct 5, 2026 | $0.01 | Quarterly | Regular |
| Jul 1, 2026 | Jul 3, 2026 | $0.05 | Quarterly | Regular |
| Apr 1, 2026 | Apr 3, 2026 | $0.05 | Quarterly | Regular |
| Dec 30, 2025 | Jan 1, 2026 | $0.05 | Quarterly | Regular |
| Oct 1, 2025 | Oct 3, 2025 | $0.05 | Quarterly | Regular |
| Jul 1, 2025 | Jul 3, 2025 | $0.05 | Quarterly | Regular |
| Apr 1, 2025 | Apr 3, 2025 | $0.05 | Quarterly | Regular |
| Dec 31, 2024 | Jan 2, 2025 | $0.05 | Quarterly | Regular |
| Oct 1, 2024 | Oct 3, 2024 | $0.05 | Quarterly | Regular |
| Jul 1, 2024 | Jul 3, 2024 | $0.05 | Quarterly | Regular |
| Mar 28, 2024 | Apr 1, 2024 | $0.15 | Quarterly | Regular |
| Dec 28, 2023 | Jan 1, 2024 | $0.20 | Quarterly | Regular |
| Sep 29, 2023 | Oct 2, 2023 | $0.20 | Quarterly | Regular |
| Jun 30, 2023 | Jul 3, 2023 | $0.20 | Quarterly | Regular |
| Mar 31, 2023 | Apr 3, 2023 | $0.20 | Quarterly | Regular |
| Dec 29, 2022 | Jan 17, 2023 | $2.00 | Quarterly | Regular |
| Sep 30, 2022 | Oct 17, 2022 | $2.50 | Quarterly | Regular |
| Jun 30, 2022 | Jul 15, 2022 | $2.50 | Quarterly | Regular |
| Mar 31, 2022 | Apr 15, 2022 | $2.50 | Quarterly | Regular |
| Dec 30, 2021 | Jan 18, 2022 | $2.50 | Quarterly | Regular |
| Sep 30, 2021 | Oct 19, 2021 | $2.50 | Quarterly | Regular |
| Jun 30, 2021 | Jul 19, 2021 | $2.50 | Quarterly | Regular |
| Mar 31, 2021 | Apr 19, 2021 | $2.50 | Quarterly | Regular |
| Dec 30, 2020 | Jan 22, 2021 | $4.50 | Quarterly | Regular |
| Oct 7, 2020 | Oct 19, 2020 | $2.00 | Quarterly | Regular |
| Dec 30, 2019 | Jan 17, 2020 | $4.20 | Quarterly | Regular |
| Oct 2, 2019 | Oct 18, 2019 | $4.20 | Quarterly | Regular |
| Jul 3, 2019 | Jul 19, 2019 | $4.20 | Quarterly | Regular |
| Mar 29, 2019 | Apr 18, 2019 | $4.20 | Quarterly | Regular |
| Dec 28, 2018 | Jan 18, 2019 | $4.20 | Quarterly | Regular |
| Oct 1, 2018 | Oct 18, 2018 | $4.20 | Quarterly | Regular |
| Jun 29, 2018 | Jul 18, 2018 | $4.00 | Quarterly | Regular |
| Mar 28, 2018 | Apr 18, 2018 | $3.80 | Quarterly | Regular |
| Dec 28, 2017 | Jan 18, 2018 | $3.80 | Quarterly | Regular |
| Sep 28, 2017 | Oct 18, 2017 | $3.20 | Quarterly | Regular |
What the Dividend Safety Rating Means for GPMT
GPMT Dividend Questions
How often does GPMT pay dividends?
GPMT pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Apr, Jul, Oct and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
Does GPMT pay dividends monthly?
No. GPMT pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next GPMT dividend?
GPMT has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.01 a share, went ex on Oct 1, 2026 and paid Oct 5, 2026. The current rate is $0.01 per share, $0.04 a year.
Does GPMT pay a dividend in January 2027?
Not declared yet. By its usual rhythm the next ex-date falls around Dec 31, 2026, with the cash around Jan 2, 2027, so a payment in January 2027 is likely. Only the company’s declaration makes it final.
How much does GPMT pay per share?
GPMT pays $0.01 a share quarterly, $0.04 a year. At the Nov 13, 2026 close of $2.44 that is a 1.64% run-rate yield, below its usual level: its own 9-year median is 8.19%.
Has GPMT raised its dividend?
GPMT has no current streak of yearly raises. The latest raise, on Jun 29, 2018, took the rate from $3.80 to $4.00 (+5.26%). Since then the rate was cut on Oct 1, 2026, from $0.05 to $0.01. Over five years the dividend grew -66.9% a year.
Is GPMT’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. GPMT paid out 86% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. This is data, not investment advice. The full 7-check rating comes with a plan.
How do I track my GPMT dividends?
Add GPMT to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run GPMT in the DRIP calculator.
