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Stock impact report

Granite Point Mortgage Trust Inc. Announces Second Quarter 2019 Common Stock Dividend and Business Update

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
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. (NYSE: GPMT) today declared a quarterly dividend of $0.42 per share of common stock for the second quarter of 2019. This dividend is payable on July 19, 2019 to common stockholders of record at the close of business on July 5, 2019.Business UpdateExpects to originate senior commercial real estate loans with total commitments of over $450 million and total fundings of over $390 million in the second quarter of 2019, subject to customary closing conditions and fallout; as of today, closed senior loans with total commitments of over $120 million and funded over $145 million of loan balances, including over $45 million of prior loan commitments.Anticipates receiving over $150 million of loan repayments and principal amortization in the second quarter of 2019, subject to customary closing conditions.Issued over 2.6 million shares of common stock at a weighted average price of $19.11 per share through the company’s at-the-mark Show less Read more
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