Granite Point Mortgage Trust (GPMT) Dividend Coverage Ratio (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Dividend Coverage Ratio came in at 24.23 in Q2 2026, down 272.39% on a YoY basis from 14.06 in Q2 2025, and down 950.56% quarter-over-quarter from 2.31 in Q1 2026.
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Analysis
Granite Point Mortgage Trust (GPMT) Dividend Coverage Ratio (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has reported Dividend Coverage Ratio for 11 consecutive years, with 24.23 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio fell 272.39% year-over-year to 24.23; the trailing twelve-month figure through Jun 2026 stood at 9.31 (up 5.19% YoY), and the FY2025 full-year result was 5.36, up 41.92% from the prior year.
- Dividend Coverage Ratio eased to 24.23 in Q2 2026 per GPMT's latest filing, from 2.31 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 0.13 in Q2 2023 and bottomed at 24.23 in Q2 2026.
- Historically, Dividend Coverage Ratio has averaged 5.74 across 5 years, with a median of 2.9 in 2026.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio surged 110.49% in 2023, then tumbled 6366.27% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 0.73 in 2022, then sank by 116.66% to 1.59 in 2023, then sank by 889.76% to 15.74 in 2024, then jumped by 32.09% to 10.69 in 2025, then plunged by 126.68% to 24.23 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 24.23, 2.31, and 10.69 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.42 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 1.33 |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 0.08 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 0.14 |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 1.57 |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.37 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -1.02 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 1.16 |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 0.86 |
| 10 | Granite Point Mortgage Trust | 48.48 Mn | -10.02 Mn | - | -24.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.23 |
| Mar 31, 2026 | -2.31 |
| Dec 31, 2025 | -10.69 |
| Sep 30, 2025 | -0.22 |
| Jun 30, 2025 | -6.51 |
| Mar 31, 2025 | -4.05 |
| Dec 31, 2024 | -15.74 |
| Sep 30, 2024 | -12.66 |
| Jun 30, 2024 | -8.29 |
| Mar 31, 2024 | -7.38 |
| Dec 31, 2023 | -1.59 |
| Sep 30, 2023 | -2.29 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | -3.49 |
| Dec 31, 2022 | -0.73 |
| Sep 30, 2022 | -2.17 |
| Jun 30, 2022 | -1.26 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 1.33 |