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

$6.28

-0.12 (-1.88%)

(As of 08/21/2024 ET)

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Dividend Yield: 7.01%
Annual Dividend: $0.44
Dividend Payout Ratio: 97.78%
Next Dividend Payment: Sep. 13

GRNT Dividend Payments

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GRNT Dividend Yield Over Time

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Granite Ridge Resources vs. The Competition

Type	Granite Ridge Resources	Energy Companies	NYSE Companies
Annual Dividend	$0.44	$1.03	$1.39
Dividend Yield	7.01%	1,185.23%	352.20%
Annualized 3-Year Dividend Growth	0.00%	24.86%	15.61%

Granite Ridge Resources Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	97.78%
Based on This Year's Estimates	73.33%
Based on Next Year's Estimates	57.14%
Based on Cashflow	22.51%

Granite Ridge Resources Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/8/2024	quarterly	$0.11	7.3%	8/30/2024	8/30/2024	9/13/2024
5/15/2024	quarterly	$0.11	6.8%	5/31/2024	5/31/2024	6/14/2024
2/15/2024	quarterly	$0.11	7.1%	2/29/2024	3/1/2024	3/15/2024
11/17/2023	Quarterly	$0.11	7.07%	11/30/2023	12/1/2023	12/15/2023
8/22/2023	Quarterly	$0.11	5.51%	8/31/2023	9/1/2023	9/15/2023
5/23/2023	quarterly	$0.11	6.7%	5/31/2023	6/1/2023	6/15/2023
2/21/2023	quarterly	$0.11	4.8%	2/28/2023	3/1/2023	3/15/2023
11/14/2022	--	$0.08		12/14/2022	12/15/2022	12/15/2022

(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 7.01%. 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 Friday, September 13, 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, June 14, 2024.
When is Granite Ridge Resources's ex-dividend date?: Granite Ridge Resources's next ex-dividend date is Friday, August 30, 2024.
When was Granite Ridge Resources's most recent ex-dividend date?: Granite Ridge Resources's most recent ex-dividend date was Friday, May 31, 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:
97.78% based on the trailing year of earnings

73.33% based on this year's estimates

57.14% based on next year's estimates

22.51% based on cash flow
Is Granite Ridge Resources a good dividend stock?: Granite Ridge Resources' dividend yield of 6.69% 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 5.7, making it a leading dividend payer. Granite Ridge Resources' dividend payout ratio of 97.78% may not be sustainable. However, based on earnings estimates, GRNT will have a more sustainable dividend payout ratio of 57.14% next year.