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Granite Ridge Resources (GRNT) Dividend Yield, Date & History

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$6.27 +0.05 (+0.80%)
(As of 02:09 PM ET)

Dividend Summary

Dividend Yield
7.02%
Annual Dividend
$0.44
Dividend Payout Ratio
122.23%
Next
Dividend Payment
Dec. 16
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Granite Ridge Resources vs. The Competition

TypeGranite Ridge ResourcesEnergy CompaniesNYSE Companies
Annual Dividend$0.44$1.07$1.56
Dividend Yield7.00%1,135.65%344.39%
Annualized 3-Year Dividend Growth0.00%25.10%15.85%

Granite Ridge Resources Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings122.23%
Based on This Year's Estimates81.48%
Based on Next Year's Estimates72.13%
Based on Cashflow22.17%

Granite Ridge Resources Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/7/2024quarterly$0.116.8%11/29/202411/29/202412/16/2024
8/8/2024quarterly$0.117.3%8/30/20248/30/20249/13/2024
5/15/2024quarterly$0.116.8%5/31/20245/31/20246/14/2024
2/15/2024quarterly$0.117.1%2/29/20243/1/20243/15/2024
11/17/2023Quarterly$0.117.07%11/30/202312/1/202312/15/2023
8/22/2023Quarterly$0.115.51%8/31/20239/1/20239/15/2023
5/23/2023quarterly$0.116.7%5/31/20236/1/20236/15/2023
2/21/2023quarterly$0.114.8%2/28/20233/1/20233/15/2023
11/14/2022--$0.0812/14/202212/15/202212/15/2022
(Data available from 1/1/2013 forward)

Granite Ridge Resources Dividend - Frequently Asked Questions

What is Granite Ridge Resources's dividend yield?

The current dividend yield for Granite Ridge Resources is 7.00%. Learn more on GRNT's dividend yield history.

How much is Granite Ridge Resources's annual dividend?

The annual dividend for GRNT shares is $0.44. Learn more on GRNT's annual dividend history.

How often does Granite Ridge Resources pay dividends?

Granite Ridge Resources pays quarterly dividends to shareholders.

When is Granite Ridge Resources's next dividend payment?

Granite Ridge Resources's next quarterly dividend payment of $0.11 per share will be made to shareholders on Monday, December 16, 2024.

When was Granite Ridge Resources's most recent dividend payment?

Granite Ridge Resources's most recent quarterly dividend payment of $0.11 per share was made to shareholders on Friday, September 13, 2024.

When was Granite Ridge Resources's most recent ex-dividend date?

Granite Ridge Resources's most recent ex-dividend date was Friday, November 29, 2024.

When did Granite Ridge Resources last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.03 on Tuesday, February 21, 2023.

What is Granite Ridge Resources's dividend payout ratio?
The dividend payout ratio for GRNT is:
  • 122.23% based on the trailing year of earnings
  • 81.48% based on this year's estimates
  • 72.13% based on next year's estimates
  • 22.17% based on cash flow
Is Granite Ridge Resources a good dividend stock?

Granite Ridge Resources' dividend yield of 6.86% is lower than the average Oils/Energy company that issues a dividend. GRNT has a dividend yield higher than 75% of all dividend-paying stocks 5.35, making it a leading dividend payer. Granite Ridge Resources' dividend payout ratio of 122.23% may not be sustainable. However, based on earnings estimates, GRNT will have a more sustainable dividend payout ratio of 72.13% next year.


This page (NYSE:GRNT) was last updated on 12/5/2024 by MarketBeat.com Staff
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