PFSI PennyMac Financial Services dividend history, payout ratio & dates
PennyMac Financial Services's latest dividend was on Aug 13, 2024 (ex-date) with a payout of $0.3 per share. On an annualized basis, the company has a current payout of $0.9 per share. This brings the dividend yield to 0.84% based on its recent close price. The latest dividend has an increase of $0.1, or 50% from the prior distribution.
Key dates
- PFSI last dividend date: Aug 13, 2024
PFSI dividend stats
vs. Financial Services sector
Dividend yield
PennyMac Financial Services's dividend yield of 0.84% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.98%, PennyMac Financial Services's dividend yield is 72% lower. The current dividend yield is lower than the historical average of 1.1% of the last 5 years.
Dividend history
PennyMac Financial Services has been paying dividends since 2018. PFSI has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 13% for the last twelve months. But with the price of the stock up by 55% from a year ago, the dividend yield has decreased by 27%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 13, 2024 | $0.3 | 0.92% |
| May 13, 2024 | $0.2 | 0.88% |
| Feb 12, 2024 | $0.2 | 0.87% |
| Nov 10, 2023 | $0.2 | 1.11% |
| Aug 14, 2023 | $0.2 | 1.09% |
| May 15, 2023 | $0.2 | 1.31% |
| Feb 13, 2023 | $0.2 | 1.21% |
| Nov 10, 2022 | $0.2 | 1.42% |
| Aug 15, 2022 | $0.2 | 1.35% |
| May 16, 2022 | $0.2 | 1.76% |
| Feb 14, 2022 | $0.2 | 1.32% |
| Nov 12, 2021 | $0.2 | 1.23% |
| Aug 13, 2021 | $0.2 | 1.12% |
| May 14, 2021 | $0.2 | 1.16% |
| Feb 11, 2021 | $0.2 | 0.96% |
| Nov 13, 2020 | $0.15 | 0.96% |
| Aug 14, 2020 | $0.15 | 1.03% |
| May 15, 2020 | $0.12 | 1.25% |
| Feb 13, 2020 | $0.12 | 0.68% |
| Nov 14, 2019 | $0.12 | 0.38% |
| Aug 10, 2018 | $0.4 | 1.88% |
PennyMac Financial Services dividend payout ratio
Payout ratio
PennyMac Financial Services's payout ratio of 23.5% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 43.6%, PennyMac Financial Services's payout ratio is 46% lower.
Total amount of dividends paid per financial year (from cash flow)
PFSI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SLM SLM Corp | 2.18% | $0.44 | 13.5% |
| PFSI PennyMac Financial Services Inc | 0.84% | $0.9 | 23.5% |
Frequently asked questions
Does PennyMac Financial Services pay a dividend?
Yes, PennyMac Financial Services has paid four dividends in the last twelve months. PFSI has been paying dividends since 2018.
When was PFSI's last dividend?
PennyMac Financial Services's last dividend ex-date was on Aug 13, 2024. The dividend amount was $0.3 per share.
How much dividend does PennyMac Financial Services pay (per share)?
On an annual basis PFSI pays $0.9 per share.
What is PennyMac Financial Services's dividend yield?
The current dividend yield of PennyMac Financial Services is 0.84%.
How often does PennyMac Financial Services pay dividends?
PennyMac Financial Services pays four dividends per year.
What is PennyMac Financial Services's dividend payout ratio?
PennyMac Financial Services's dividend payout ratio is 23.5%.
Does PennyMac Financial Services pay a good dividend?
PennyMac Financial Services's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.