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Stock impact report

Granite Point Mortgage Trust Inc. Announces Third Quarter 2018 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), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments, today declared a quarterly dividend of $0.42 per share of common stock for the third quarter of 2018. This dividend is payable on October 18, 2018 to common stockholders of record at the close of business on October 2, 2018. Granite Point considers a variety of factors when approving common stock dividends such as its current estimate of overall profitability, taxable earnings and other considerations. Taxable and GAAP earnings are expected to differ in the near term principally as a result of the formation transaction at the time of the company’s initial public offering. Business Update Show less Read more
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