Granite Point Mortgage Trust's Series A Preferred Stock Shares Cross 10.5% Yield Mark
In trading on Thursday, shares of Granite Point Mortgage Trust Inc's 7.0% Ser A Fix/Float Cumul Prrd Stock (Symbol: GPMT.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $16.12 on the day. This
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