Granite Dividend Yield from 2010 to 2024

GRNT Stock  USD 5.93  0.03  0.50%   
Granite Ridge Dividend Yield yearly trend continues to be comparatively stable with very little volatility. Dividend Yield is likely to outpace its year average in 2024. Dividend Yield is a financial ratio that shows how much Granite Ridge Resources pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.07312225
Current Value
0.0768
Quarterly Volatility
0.02429459
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Ridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.6 M, Interest Expense of 5.6 M or Selling General Administrative of 29.3 M, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0768 or PTB Ratio of 1.13. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.
  
Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Granite Ridge Resources over the last few years. 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. It is 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. Granite Ridge's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Ridge's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Granite Dividend Yield Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation140.50
Mean Deviation0.02
Median0.01
Standard Deviation0.02
Sample Variance0.0006
Range0.0713
R-Value0.68
Mean Square Error0.0003
R-Squared0.47
Significance0.01
Slope0
Total Sum of Squares0.01

Granite Dividend Yield History

2024 0.0768
2023 0.0731
2022 0.008884
2021 0.0169
2020 0.029

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Dividend Yield, to determine how well the company is positioned to perform in the future. Although Granite Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Ridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Dividend Yield 0.07  0.08 

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Additional Tools for Granite Stock Analysis

When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.