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Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield [Seeking Alpha]

Granite Point Mortgage Trust Inc.  (GPMT) 
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm Check Earnings Report
US:NYSE Investor Relations: investors.gpmortgagetrust.com
PDF The mREIT's 17% dividend yield is not being covered by distributable earnings. A further dip in book value looks likely without a cut to the quarterly distribution. [Read more]