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Granite Point Mortgage Trust Inc. Announces 2025 Dividend Tax Information
Businesswire· 2026-01-26 21:15
Distribution Summary - The total cash distribution per share for 2025 is $0.200000 for common stock and $1.750000 for Preferred Series A stock [3][9] - The ordinary dividends for both common and preferred stock are $0.050000 and $0.437500 per share respectively for each distribution period [3][9] - The cash distributions are scheduled for multiple dates throughout 2025, with record dates preceding the payable dates [2][8] Tax Treatment - Cash distributions made on January 15, 2025, and January 15, 2026, are treated as received by stockholders on December 31, 2024, and December 31, 2025, respectively, due to the excess of cash distributions over earnings and profits [3][4][9] - The qualified dividends portion may be eligible for capital gains tax rates, while Section 199A dividends may qualify for a 20% deduction under Section 199 [5][10][12]