The historical rank and industry rank for Granite Point Mortgage Trust's 5-Year Yield-on-Cost % or its related term are showing as below:
GPMT'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91 Med: 4.84 Max: 25.47
Current: 9.44
During the past 9 years, Granite Point Mortgage Trust's highest Yield on Cost was 25.47. The lowest was 0.91. And the median was 4.84.
GPMT's 5-Year Yield-on-Cost % is ranked better than 71.45% of 830
companies
in the REITs industry
Industry Median: 7.07
vs GPMT: 9.44
Competitive Comparison of Granite Point Mortgage Trust's 5-Year Yield-on-Cost %
For the REIT - Mortgage subindustry, Granite Point Mortgage Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Point Mortgage Trust's 5-Year Yield-on-Cost % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Granite Point Mortgage Trust's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Granite Point Mortgage Trust's 5-Year Yield-on-Cost % falls into.
Granite Point Mortgage Trust 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Granite Point Mortgage Trust (NYSE:GPMT) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Granite Point Mortgage Trust 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Granite Point Mortgage Trust's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Granite Point Mortgage Trust (Granite Point Mortgage Trust) Business Description
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.
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