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PennyMac Mortgage Investment Trust (PMT) Dividend Yield, Date & History

PennyMac Mortgage Investment Trust logo
$12.98 +0.03 (+0.23%)
(As of 12/20/2024 05:40 PM ET)
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PennyMac Mortgage Investment Trust Dividend Summary

Dividend Yield
12.33%
Annual Dividend
$1.60
Next
Dividend Payment
Jan. 24
Annualized 3-Year
Dividend Growth
21.80%
Dividend Payout Ratio
117.65%

PennyMac Mortgage Investment Trust (PMT) pays an annual dividend of $1.60 per share, with a dividend yield of 12.33%. The next quarterly payment of $0.40 per share is scheduled for Friday, January 24, to investors who own the stock before the ex-dividend date of Friday, December 27. The company currently pays out 117.65% of its earnings and 67.30% of its cash flow as dividends.

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Skip Charts & View Dividend History

PMT Dividend Payments by Quarter

The chart below displays up to four years of PennyMac Mortgage Investment Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PMT Dividend Yield Over Time

The chart below tracks PennyMac Mortgage Investment Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

PennyMac Mortgage Investment Trust vs. The Competition

Compare PennyMac Mortgage Investment Trust's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypePennyMac Mortgage Investment TrustFinance CompaniesNYSE Companies
Annual Dividend$1.60$0.02$1.39
Dividend Yield12.33%9.98%3.58%
Annualized 3-Year Dividend Growth21.80%12.89%15.78%

PennyMac Mortgage Investment Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings117.65%
Based on This Year's Estimate124.03%
Based on Next Year's Estimate102.56%
Based on Cashflow67.30%

PennyMac Mortgage Investment Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/13/2024Quarterly$0.40 - 11.81%12/27/202412/27/20241/24/2025
9/19/2024Quarterly$0.40 - 11.12%10/11/202410/11/202410/25/2024
6/13/2024Quarterly$0.40 - 11.74%7/12/20247/12/20247/26/2024
3/21/2024Quarterly$0.40 - 10.85%4/11/20244/12/20244/26/2024
12/6/2023Quarterly$0.40 - 11.24%12/28/202312/29/20231/26/2024
8/31/2023Quarterly$0.40 - 11.93%10/12/202310/13/202310/27/2023
6/9/2023Quarterly$0.40 - 12.61%7/13/20237/14/20237/28/2023
3/15/2023Quarterly$0.40 - 13.39%4/13/20234/14/20234/28/2023

This table shows PennyMac Mortgage Investment Trust's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

PennyMac Mortgage Investment Trust Dividend - Frequently Asked Questions

The current dividend yield for PennyMac Mortgage Investment Trust is 12.33%. Learn more on PMT's dividend yield history.

The annual dividend for PMT shares is $1.60. Learn more on PMT's annual dividend history.

PennyMac Mortgage Investment Trust pays quarterly dividends to shareholders.

PennyMac Mortgage Investment Trust's next quarterly dividend payment of $0.40 per share will be made to shareholders on Friday, January 24, 2025.

PennyMac Mortgage Investment Trust's most recent quarterly dividend payment of $0.40 per share was made to shareholders on Friday, October 25, 2024.

PennyMac Mortgage Investment Trust's next ex-dividend date is Friday, December 27, 2024.

PennyMac Mortgage Investment Trust's most recent ex-dividend date was Friday, October 11, 2024.

Over the past three years, the company's dividend has grown by an average of 21.80% per year.

The most recent change in the company's dividend was a decrease of $0.07 on Wednesday, December 7, 2022.

The dividend payout ratio for PMT is:
  • 117.65% based on the trailing year of earnings
  • 124.03% based on this year's estimates
  • 102.56% based on next year's estimates
  • 67.30% based on cash flow

PennyMac Mortgage Investment Trust's dividend yield of 12.28% is higher than the average Finance company that issues a dividend. PMT has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. PennyMac Mortgage Investment Trust's dividend payout ratio of 117.65% may not be sustainable.

Looking at the stock as a whole, market analysts rate PennyMac Mortgage Investment Trust stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NYSE:PMT) was last updated on 12/21/2024 by MarketBeat.com Staff
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