05:04 PM EDT, 09/20/2024 (MT Newswires) -- Granite Point Mortgage Trust ( GPMT ) said late Friday its board kept its quarterly dividend at $0.05 per share, payable on Oct. 15 to shareholders of record on Oct. 1.

Additionally, the board authorized the company to buy back an additional 3 million shares, increasing the number of shares available for repurchase to 5.9 million, according to Granite Point.

Shares of Granite Point were up more than 2% in after-hours activity.

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