Agency mortgage REITs duel to the dividend cut. There are 7 facing off. The top 3 are much better than the other 4. Valuations are important and awful. Deal with it.
Granite Point Mortgage Trust generated negative distributable earnings of $0.40 per share during the recent third quarter, ramping up the risk of its 7.25% dividend yield. The mREIT saw its book value per share dip by 5 cents sequentially to $7.94 per share, with the common shares currently trading at a 65% discount to this figure. GPMT's Series A Preferreds have seen their discount to liquidat...
Granite Point Mortgage Trust Inc. ( GPMT ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Chris Petta - Investor Relations Officer Jack Taylor - President, CEO & Director Stephen Alpart - VP, Chief Investment Officer & Co-Head of Originations Blake Johnson - VP, CFO & Treasurer Presentation Operator Good morning. My name is Alicia, and I'll be your conference facilitator.
Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare prices and book value over time, we can see that the huge dividends were not enough. They still are not enough.
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Third Quarter 2025 Common and Preferred Stock Dividends and Business Update.
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