PMT PennyMac Mortgage Investment Trust dividend history, payout ratio & dates
PennyMac Mortgage Investment Trust's latest dividend was on Oct 11, 2024 (ex-date) with a payout of $0.4 per share. On an annualized basis, the company has a current payout of $1.6 per share. This brings the dividend yield to 12.33% based on its recent close price.
Key dates
- PMT last dividend date: Oct 11, 2024
PMT dividend stats
vs. Real Estate sector
Dividend yield
PMT has a dividend yield of 12.33% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.31%, PennyMac Mortgage Investment Trust's dividend yield is 95% higher. The historical 5-year average of PMT's dividend yield is 11.6%, which is less than the current one.
Dividend history
PennyMac Mortgage Investment Trust has been paying dividends since 2010. PMT 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 down by 17% from a year ago, the dividend yield has increased by 21%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 11, 2024 | $0.4 | 11.49% |
| Jul 12, 2024 | $0.4 | 11.16% |
| Apr 11, 2024 | $0.4 | 11.69% |
| Dec 28, 2023 | $0.4 | 10.47% |
| Oct 12, 2023 | $0.4 | 13.68% |
| Jul 13, 2023 | $0.4 | 12.25% |
| Apr 13, 2023 | $0.4 | 14.55% |
| Dec 29, 2022 | $0.4 | 14.57% |
| Oct 13, 2022 | $0.47 | 16.31% |
| Jul 13, 2022 | $0.47 | 13.3% |
| Apr 13, 2022 | $0.47 | 12.13% |
| Dec 30, 2021 | $0.47 | 10.74% |
| Oct 14, 2021 | $0.47 | 9.39% |
| Jul 14, 2021 | $0.47 | 9.28% |
| Apr 14, 2021 | $0.47 | 8.85% |
| Dec 30, 2020 | $0.47 | 8.7% |
| Oct 14, 2020 | $0.4 | 9.11% |
| Jul 14, 2020 | $0.4 | 8.97% |
| Apr 14, 2020 | $0.25 | 16.26% |
| Dec 30, 2019 | $0.47 | 8.44% |
| Oct 10, 2019 | $0.47 | 8.47% |
| Jul 12, 2019 | $0.47 | 8.52% |
| Apr 12, 2019 | $0.47 | 8.99% |
| Dec 28, 2018 | $0.47 | 9.94% |
| Oct 12, 2018 | $0.47 | 10.04% |
| Jul 12, 2018 | $0.47 | 9.95% |
| Apr 12, 2018 | $0.47 | 10.72% |
| Dec 28, 2017 | $0.47 | 11.56% |
| Oct 12, 2017 | $0.47 | 11.08% |
| Jul 11, 2017 | $0.47 | 10.57% |
| Apr 11, 2017 | $0.47 | 10.53% |
| Dec 28, 2016 | $0.47 | 11.68% |
| Oct 5, 2016 | $0.47 | 12.96% |
| Jul 12, 2016 | $0.47 | 11.77% |
| Apr 8, 2016 | $0.47 | 15.46% |
| Dec 23, 2015 | $0.47 | 13.55% |
| Oct 13, 2015 | $0.47 | 15.22% |
| Jul 14, 2015 | $0.61 | 14.26% |
| Apr 13, 2015 | $0.61 | 11.46% |
PennyMac Mortgage Investment Trust dividend payout ratio
Payout ratio
PMT has a payout ratio of 110.3% which is higher than the industry average but lower than the Real Estate sector average. If we compare it with the Real Estate sector average of 126.2%, PennyMac Mortgage Investment Trust's payout ratio is 13% lower.
Total amount of dividends paid per financial year (from cash flow)
PMT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PMT PennyMac Mortgage Investment Trust | 12.33% | $1.6 | 110.3% |
| SBRA Sabra Health Care REIT Inc | 7.08% | $1.2 | 292.7% |
| ADC Agree Realty Corp | 4.27% | $2.99 | 164.5% |
| ROIC Retail Opportunity Investments Corp | 3.47% | $0.6 | 130.4% |
Frequently asked questions
Does PennyMac Mortgage Investment Trust pay a dividend?
Yes, PennyMac Mortgage Investment Trust has been paying dividends for the last 14 years.
When was PMT's last dividend?
PennyMac Mortgage Investment Trust's last dividend ex-date was on Oct 11, 2024. The dividend amount was $0.4 per share.
How much dividend does PennyMac Mortgage Investment Trust pay (per share)?
PMT's annualized dividend per share is $1.6.
What is PennyMac Mortgage Investment Trust's dividend yield?
The current dividend yield of PennyMac Mortgage Investment Trust is 12.33%.
How often does PennyMac Mortgage Investment Trust pay dividends?
PennyMac Mortgage Investment Trust has a quarterly dividend frequency.
What is PennyMac Mortgage Investment Trust's dividend payout ratio?
The dividend payout ratio of PennyMac Mortgage Investment Trust is 110.3%.
Does PennyMac Mortgage Investment Trust pay a good dividend?
PennyMac Mortgage Investment Trust's dividend yield is more than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.