GRNT (Granite Ridge Resources) Dividend Payout Ratio: 1.17 (As of Mar. 2026) — 77% Above Median

What is Granite Ridge Resources Dividend Payout Ratio?

Granite Ridge Resources GRNT -2.20% 83 Dividend Payout Ratio is 1.17 as of Mar. 2026, which is 77% above its 10-year median of 0.66. GuruFocus rates GRNT with a GF Score™ of 83/100 and a GF Value™ of $7.24 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 436 Oil & Gas companies, Granite Ridge Resources ranks worse than 89.68% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Granite Ridge Resources's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Granite Ridge Resources Inc is 1.66, which seems too high.

The historical rank and industry rank for Granite Ridge Resources's Dividend Payout Ratio or its related term are showing as below:

GRNT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.66 Max: 1.66
Current: 1.66

During the past 7 years, the highest Dividend Payout Ratio of Granite Ridge Resources was 1.66. The lowest was 0.04. And the median was 0.66.

GRNT's Dividend Payout Ratio is ranked worse than
89.68% of 436 companies
in the Oil & Gas industry
Industry Median: 0.5 vs GRNT: 1.66

As of today (2026-06-29), the Dividend Yield % of Granite Ridge Resources is 9.91%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Granite Ridge Resources was 10.16%. The lowest was 0.88%. And the median was 7.11%.

Granite Ridge Resources's Dividends per Share for the months ended in Mar. 2026 was $0.11.

During the past 3 years, the average Dividends Per Share Growth Rate was 76.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Granite Ridge Resources was 76.50% per year. The lowest was 76.50% per year. And the median was 76.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Granite Ridge Resources (NYSE:GRNT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Granite Ridge Resources Dividend Payout Ratio Related Terms

Granite Ridge Resources Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Granite Ridge Resources Dividend Payout Ratio Chart

Granite Ridge Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.00

0.04

0.55

0.77

1.02

Granite Ridge Resources Quarterly Data
	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.50	1.31	1.43	11.00	1.17

GRNT vs GPRK, ZNOG, VTS: Dividend Payout Ratio Comparison

For the Oil & Gas E&P subindustry, Granite Ridge Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Granite Ridge Resources Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's Dividend Payout Ratio falls into.

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83GF Score

Granite Ridge Resources Inc GRNT

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Granite Ridge Resources Dividend Payout Ratio Calculation

Granite Ridge Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.44	/	0.43
	=	1.02

Granite Ridge Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.11	/	0.094
	=	1.17

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.17 mean?

Granite Ridge Resources (GRNT) has a Dividend Payout Ratio of 1.17 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Granite Ridge Resources and its competitors. This is 77% above median its historical median of 0.66. Over the past decade, Granite Ridge Resources' Dividend Payout Ratio has ranged from 0.04 to 1.66. According to the industry distribution chart, Granite Ridge Resources ranks #391 out of 436 companies in the Oil & Gas industry, placing it in the top 89.7%.

Is Granite Ridge Resources' Dividend Payout Ratio too high?

Granite Ridge Resources' current Dividend Payout Ratio of 1.17 is 77% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.66. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Granite Ridge Resources' value of 1.17 is 134% above this industry median. Based on the distribution chart, Granite Ridge Resources ranks #391 out of 436 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Granite Ridge Resources has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Granite Ridge Resources' Dividend Payout Ratio compare to GPRK and ZNOG?

According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #391 out of 436 companies for Dividend Payout Ratio. This places Granite Ridge Resources in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Granite Ridge Resources' value of 1.17 is 134% above this benchmark. Historically, Granite Ridge Resources' own Dividend Payout Ratio has ranged from 0.04 to 1.66 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.50, Granite Ridge Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite Ridge Resources's current Dividend Payout Ratio of 1.17 is 134% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Granite Ridge Resources and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Ridge Resources's current Dividend Payout Ratio is 1.17, which is 77% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Granite Ridge Resources stock overvalued right now?

Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.24, compared to a current price of $4.44 — trading 38.7% below its estimated fair value. The current Dividend Payout Ratio is 1.17, which is 77% above median its 10-year median of 0.66 and 134% above the Oil & Gas industry median of 0.50. Granite Ridge Resources' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Dividend Payout Ratio is 1.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Granite Ridge Resources (GRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued. The current stock price of $4.44 is trading 38.7% below its estimated GF Value™ of $7.24. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

Dividend Payout Ratio: 1.17 (77% above median its 10-year median of 0.66)
GF Value™: $7.24 vs. price of $4.44 (38.7% below fair value)
GF Score™: 83/100 with 8 warning signs
Industry Position: 134% above the Oil & Gas median (#391 of 436)

No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Granite Ridge Resources Business Description

Industry Energy Oil & Gas

Comparable Companies GPRK ZNOG VTS EGY TXO SD GFR WTI REPX HPK HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205

Website https://www.graniteridge.com

Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.

83GF Score

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$4.44

Price

$7.24

GF Value

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