This company raised their dividend again. This time it increased to $0.40 per quarter. A recent rally in the share price brought them down from "Strong Buy" to "Regular Buy". The rally followed on the back of a solid Q1 earnings release. I'll share my research from the night of the release. The company launched their first CLO in Q2 of 2018. Their update in the Q1 earnings release was a huge positive signal. When the price falls and people launch into personal attacks, disregard them. They are an indication that the stock is hitting bottom.
Granite Point Mortgage Trust (GPMT) just delivered another dividend increase. This one brings the dividend up to $.40, from $.38. That is a 5.3% increase and comes on the back of a solid rally since they bottomed out earlier this year. The dividend increase is yet another sign of the REIT’s movement towards higher leverage and stronger net interest income. Net interest income drives Core EPS and dividend growth.
Source: Seeking Alpha
Related Articles:
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
- 10 Stocks That Have Paid Uninterrupted Dividends Since 1895
- Who is David Dodd and Why Should We Listen to Him
- International Securities For A Diversified Income Portfolio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If you are going down the dividend route, you may as well find stocks that are performing well, regardless of the dividend — stocks where th...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you invest for income, then dividend-paying stocks are likely to be a core component of your investment approach. The worst fear for inco...
-
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. However, once these...
-
If you are a devoted dividend aficionado, there are probably few thrills as exciting as seeing a dividend payment hit your brokerage account...
-
For retirees, buying and holding high-quality dividend stocks is arguably the best way to predictably create and sustain wealth. But investi...
-
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcom...
0 comments
Post a Comment
Post a Comment