Granite Point Mortgage Trust Experiences Pre-market Surge After Dividend Announcement

In today's pre-market trading, shares of Granite Point Mortgage Trust Inc. GPMT saw a significant increase following the company's declaration of upcoming common and preferred stock dividends. This announcement came after the previous market closed on Friday, in which Granite Point Mortgage Trust disclosed a forthcoming quarterly cash dividend of $0.05 per share, stirring interest amongst investors and resulting in an upturn in pre-market stock movement.

Company Overview and Dividend News

GPMT specializes in senior commercial mortgage loans and related investments across the United States and is known for its strategic management of floating rate commercial mortgages. The dividend news has heightened investor confidence and sparked a positive response in early trading activity.

Other Stocks in Motion

While GPMT enjoys the limelight with its dividend announcement, several other stocks have shown movements in the pre-market session. Notable movements include the new energy vehicles provider Chijet Motor Company, Inc. CJET, Singapore-based solar panel manufacturer Maxeon Solar Technologies, Ltd. MAXN, Jin Medical International Ltd. ZJYL known for its wheelchair and living aids products, USA's energy technology company Stem, Inc. STEM, and AC Immune SA ACIU, which is at the forefront of developing neurodegenerative disease treatments.

Other active stocks include SolarMax Technology, Inc. SMXT, a US-China integrated solar company, pharmaceutical innovator PainReform Ltd. PRFX from Israel, Taiwan's electric scooter specialist Gogoro Inc. GGR, and the San Diego headquartered V2G technology developer NUVVE Corporation NVVE.

Continuing the list, there's James Hardie Industries plc JHX, an international player in the construction products industry, recognized for their fiber cement and gypsum fiber products.

GranitePoint, Mortgage, Dividend, Stocks, PreMarket