◆ Preferred Stock Research

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GPMT-P-A

Granite Point Mortgage Trust Inc. · Series A · REIT - Diversified
Also quoted as: GPMT-A, GPMTprA, GPMT.PRA, GPMT-PA, GPMTpA
$19.10
last price

About this security

GPMT-P-A is a 7% convertible preferred stock issued by Granite Point Mortgage Trust Inc., a REIT - Diversified issuer. Current yield 9.16%.

Granite Point Mortgage Trust Inc.: Granite Point Mortgage Trust Inc. (GPMT) is an internally managed real estate finance company incorporated in Maryland in 2017 that operates as a REIT. The company focuses primarily on directly originating, investing in, and managing senior floating-rate commercial mortgage loans, along with other debt and debt-like commercial real estate investments. Its investment portfolio is oriented toward current income generation while seeking to preserve capital on a risk-adjusted basis over the long term.

Issuer page — all Granite Point Mortgage Trust Inc. securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below

Series
A
Alt. Symbology
GPMT-A, GPMTprA, GPMT.PRA, GPMT-PA, GPMTpA
Recent Market Price
$19.10
Current Yield
9.16%
Yield to Call
Yield to Worst
9.16%
Original Coupon (est.)
7.000%
Liq. Preference
par pending
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-04-01
Annual Dividend
$1.7500
Pay Frequency
semiannual
Call Date
Maturity
2023-10-01
Issued
2021-11-23
Cumulative
Redeemable
No
Convertible
Yes
Pay Dates
April 1, October 1

vs. REIT - Diversified category (115 issues): yield 9.16% vs avg 8.25%

⚠ Liquidation preference not yet confirmed from the prospectus ("par pending"), so premium/discount and yield-to-call are withheld rather than computed from an assumed value. Price, yield, and dividends are exact from the market feed.

Quote

 GPMT-P-A (preferred)GPMT (common)
Last $19.10 $1.47
Change +0.00 (+0.00%)
Open$19.06$1.46
High / Low $19.55 / $19.06 $1.48 / $1.43
Prev Close$19.10
Volume2,40678,803
52-Week High / Low $21.03 / $16.21 $3.12 / $1.24

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

GPMT-P-A GPMT (common)

Dividend History

Ex-DateAmount / Share
2026-04-01$0.437500
2025-12-30$0.437500
2025-10-01$0.437500
2025-07-01$0.437500
2025-04-01$0.437500
2024-12-31$0.437500
2024-10-01$0.437500
2024-07-01$0.437500
2024-03-28$0.437500
2023-12-28$0.437500
2023-09-29$0.437500
2023-06-30$0.437500

Performance

See what an investment would be worth today, dividends reinvested. Run the $10K calculator for GPMT-P-A →

🔔 Get dividend & filing alerts for GPMT-P-A →

Prospectus (SEC 424B5)

We are offering $125,000,000 aggregate principal amount of our % Convertible Senior Notes due 2023, or the notes, under this prospectus supplement.

Use of proceeds: Net proceeds will be used to originate or acquire senior floating rate commercial real estate loans and other target assets, and for working capital and general corporate purposes.

Full Prospectus (SEC filing) →

News — Granite Point Mortgage Trust Inc.

Issuer news via Tiingo, tagged to GPMT.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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