PennyMac Mortgage Investment Trust's latest dividend was on Dec 27, 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 10.92% based on its recent close price.
Key dates
- PMT last dividend date: Dec 27, 2024
PMT dividend stats
vs. Real Estate sector
Dividend yield
PMT has a dividend yield of 10.92% which is higher than the Real Estate sector average but lower than the industry average. If we compare it with the Real Estate sector average of 6.67%, PennyMac Mortgage Investment Trust's dividend yield is 64% higher. The historical 5-year average of PMT's dividend yield is 11.8%, which is more 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 0.2% from a year ago, the dividend yield has increased by 0.2%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Dec 27, 2024 | $0.4 | 12.75% |
| 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% |
PennyMac Mortgage Investment Trust dividend payout ratio
Payout ratio
PMT has a payout ratio of 116.8% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 147.2%, PennyMac Mortgage Investment Trust's payout ratio is 21% 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 | 10.92% | $1.6 | 116.8% |
| SBRA Sabra Health Care REIT Inc | 6.87% | $1.2 | 222.2% |
| ADC Agree Realty Corp | 3.91% | $3.02 | 168.6% |
Frequently asked questions
Does PennyMac Mortgage Investment Trust pay a dividend?
Yes, PennyMac Mortgage Investment Trust has been paying dividends for the last 15 years.
When was PMT's last dividend?
PennyMac Mortgage Investment Trust's last dividend ex-date was on Dec 27, 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 10.92%.
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 116.8%.
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.