PennyMac Financial Services's latest quarterly dividend was on May 15, 2023 (ex-date) with a payout of $0.2 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 1.31% based on its recent close price.
PennyMac Financial Services's dividend yield of 1.31% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.91%, PennyMac Financial Services's dividend yield is 66% lower. The current dividend yield is higher than the historical average of 1.2% of the last 5 years.
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 remained the same for the last twelve months. But with the price of the stock up by 25% from a year ago, the dividend yield has decreased by 20%.
|Ex-date||Payment date||Declared on||Amount||Type|
|May 15, 2023||May 26, 2023||Apr 27, 2023||$0.2||normal|
|Feb 13, 2023||Feb 24, 2023||Feb 2, 2023||$0.2||normal|
|Nov 10, 2022||Nov 23, 2022||Oct 27, 2022||$0.2||normal|
|Aug 15, 2022||Aug 26, 2022||Aug 2, 2022||$0.2||normal|
|May 16, 2022||May 27, 2022||May 5, 2022||$0.2||normal|
|Feb 14, 2022||Feb 25, 2022||Feb 3, 2022||$0.2||normal|
|Nov 12, 2021||Nov 24, 2021||Nov 4, 2021||$0.2||normal|
|Aug 13, 2021||Aug 26, 2021||Aug 5, 2021||$0.2||normal|
|May 14, 2021||May 27, 2021||May 6, 2021||$0.2||normal|
|Feb 11, 2021||Feb 25, 2021||Feb 4, 2021||$0.2||normal|
|Nov 13, 2020||Nov 25, 2020||Nov 5, 2020||$0.15||normal|
|Aug 14, 2020||Aug 28, 2020||Aug 6, 2020||$0.15||normal|
|May 15, 2020||May 28, 2020||May 7, 2020||$0.12||normal|
|Feb 13, 2020||Feb 27, 2020||Feb 6, 2020||$0.12||normal|
|Nov 14, 2019||Nov 29, 2019||Oct 31, 2019||$0.12||normal|
PennyMac Financial Services's payout ratio of 12.4% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 32.1%, PennyMac Financial Services's payout ratio is 61% lower.
|Name||Dividend yield||DPS||Payout ratio|
|SLM SLM Corp||2.88%||$0.44||24.6%|
|PFSI PennyMac Financial Services Inc||1.31%||$0.8||12.4%|
Yes, PennyMac Financial Services has paid four dividends in the last twelve months. PFSI has been paying dividends since 2018.
At this point we don't have a record of PFSI's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2023.
PennyMac Financial Services's last dividend ex-date was on May 15, 2023. The dividend amount was $0.2 per share.
On an annual basis PFSI pays $0.8 per share.
The current dividend yield of PennyMac Financial Services is 1.31%.
PennyMac Financial Services pays four dividends per year.
PennyMac Financial Services's dividend payout ratio is 12.4%.
PennyMac Financial Services's dividend yield is lower than the Financial Services sector average.