Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information

$GPMT
Real Estate Investment Trusts
Real Estate
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Recent Analyst Ratings for
$GPMT

DatePrice TargetRatingAnalyst
12/10/2024$3.00 → $3.25Underperform → Mkt Perform
Keefe Bruyette
2/20/2024Mkt Outperform → Mkt Perform
JMP Securities
12/6/2023$6.50Buy
UBS
12/15/2022$6.00Mkt Perform → Underperform
Keefe Bruyette
3/1/2022$15.00 → $14.00Outperform
Credit Suisse
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  • Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the first quarter of 2025. This dividend is payable on April 15, 2025, to holders of record of common stock at the close of business on April 1, 2025. The Company's Board of Directors also declared a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. This dividend is payable on April 15, 2025, to the holders of record of the Series A Preferred Stock at the close of busin

    $GPMT
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  • Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that it will hold its 2025 Annual Meeting of Stockholders virtually on June 5, 2025, beginning at 10:00 a.m. Eastern Time. We believe that hosting a virtual annual meeting will make our annual meeting more accessible for all of our stockholders. Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/GPMT2025. Holders of our common stock as of the close of business on April 7, 2025, will be eligible to vote their shares and submit questions electronically in advance of and during the virtual annual meeting by using the 16-digit control nu

    $GPMT
    Real Estate Investment Trusts
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  • Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter and full year ended December 31, 2024, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing fourth quarter and full year 2024 financial results can be viewed at www.gpmtreit.com. "We have made substantial progress in successfully executing on our primary objective by resolving nonperforming loans totaling over $340 million in 2024, with several more resolutions either closed or well underway in 2025. We also received twelve loan repayments of about $415 million," said Jack Taylor, President and Chi

    $GPMT
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$GPMT
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  • Granite Point Mortgage Trust Inc. Announces Patrick Halter and Lazar Nikolic Appointed to the Board of Directors

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that Patrick Halter and Lazar Nikolic have been appointed to the Company's Board of Directors, effective immediately. Mr. Halter will serve on the Compensation Committee and Mr. Nikolic will serve on the Nominating and Corporate Governance Committee. With the additions of Mr. Halter and Mr. Nikolic, the Granite Point Board now comprises eight directors, seven of whom are independent. "We are pleased to welcome two new highly qualified independent directors to the Granite Point Board," said Stephen Kasnet, Chairman of the Granite Point Board of Directors. "Pat's experience building and

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    Wendy Luscombe to Retire from Board as Part of Ongoing Board Refreshment Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced the appointment of Hope B. Woodhouse to the Company's Board of Trustees (the "Board") and to the Nominating and Corporate Governance Committee of the Board, effective January 10, 2023. Ms. Woodhouse is a seasoned financial executive with substantial experience in the financial services sector having spent over 25 years in executive management roles at top-ranked, global alternative asset management firms and broker dealers. From 2005 to 2009, she served as Chief Operating Officer and as a member of the management committee of Bridgewater Assoc

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  • Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the first quarter of 2025. This dividend is payable on April 15, 2025, to holders of record of common stock at the close of business on April 1, 2025. The Company's Board of Directors also declared a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. This dividend is payable on April 15, 2025, to the holders of record of the Series A Preferred Stock at the close of busin

    $GPMT
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  • Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter and full year ended December 31, 2024, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing fourth quarter and full year 2024 financial results can be viewed at www.gpmtreit.com. "We have made substantial progress in successfully executing on our primary objective by resolving nonperforming loans totaling over $340 million in 2024, with several more resolutions either closed or well underway in 2025. We also received twelve loan repayments of about $415 million," said Jack Taylor, President and Chi

    $GPMT
    Real Estate Investment Trusts
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  • Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information

    Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced the tax treatment of common and preferred stock dividends declared in 2024. This information is provided to assist stockholders with tax reporting requirements related to dividend distribution of taxable income by Granite Point. Stockholders should review the 2024 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Additionally, as each stockholder's tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their individual tax

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