- The initial quarterly payout will be $0.035 per share to be paid on April 15 to holders of record as of March 31. The annualized yield is 2.5% based on last night's close of $5.68.
- Management had previously indicated a resumption of the common dividend was likely early this year.
- CEO Gordon DuGan: "We are currently focused on Gramercy's growth trajectory and therefore our dividend policy will be based upon a low payout ratio for the time being."
- Press release
- GPT no trades premarket.
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs