Granite Ridge Dividends
| GRNT Stock | USD 6.67 0.11 1.62% |
At this time, Granite Ridge's Dividends Paid is comparatively stable compared to the past year. Dividend Yield is likely to gain to 0.08 in 2024, whereas Dividend Payout Ratio is likely to drop 0.69 in 2024. Granite Ridge's past performance could be the main factor of why investors trade Granite Ridge Resources stock today. Investors should clearly understand every aspect of the Granite Ridge dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Granite Ridge's dividend schedule and payout information. Granite Ridge Resources dividends can also provide a clue to the current valuation of Granite Ridge.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 58.6 M | 61.5 M | |
| Dividend Yield | 0.07 | 0.08 | |
| Dividend Payout Ratio | 0.72 | 0.69 | |
| Dividend Paid And Capex Coverage Ratio | 0.72 | 0.52 |
Granite |
Investing in dividend-paying stocks, such as Granite Ridge Resources is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Granite Ridge must own a stock before its ex-dividend date to receive its next dividend.
Granite Ridge Dividends Paid Over Time
Today, most investors in Granite Ridge Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Ridge's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Granite Ridge dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Granite Ridge Historical Dividend Yield Growth
A solid dividend growth pattern of Granite Ridge could indicate future dividend growth is likely, which can signal long-term profitability for Granite Ridge Resources. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Granite Ridge Resources dividend as a percentage of Granite Ridge stock price. Granite Ridge Resources dividend yield is a measure of Granite Ridge stock productivity, which can be interpreted as interest rate earned on an Granite Ridge investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Granite Ridge Dividends Paid (per share)
Dividends Paid |
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Granite Ridge Expected Dividend Income Per Share
Dividend payment represents part of Granite Ridge's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Granite Ridge. Granite Ridge's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.26 Bottom Scenario | $0.28 | $0.31 Top Scenario |
One Year
Granite Ridge Resources expected dividend income per share adjusted for ongoing price standard deviation
Granite Ridge Past Distributions to stockholders
| 13th of September 2024 | ||
| 14th of June 2024 | ||
| 15th of March 2024 | ||
| 15th of December 2023 | ||
| 15th of September 2023 | ||
| 15th of June 2023 | ||
| 15th of March 2023 | ||
| 15th of December 2022 |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Ridge. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Dividend Share 0.44 | Earnings Share 0.36 | Revenue Per Share 2.744 | Quarterly Revenue Growth (0.12) |
The market value of Granite Ridge Resources is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Ridge's value that differs from its market value or its book value, called intrinsic value, which is Granite Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Ridge's market value can be influenced by many factors that don't directly affect Granite Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.