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 11.91% based on its recent close price.
PMT has a dividend yield of 11.91% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.93%, PennyMac Mortgage Investment Trust's dividend yield is 101% higher. The historical 5-year average of PMT's dividend yield is 11.6%, which is in line with the current one.
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 1.5% from a year ago, the dividend yield has increased by 1.5%.
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% |
PMT has a payout ratio of 110.3% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 125.6%, PennyMac Mortgage Investment Trust's payout ratio is 12% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PMT PennyMac Mortgage Investment Trust | 11.91% | $1.6 | 110.3% |
SBRA Sabra Health Care REIT Inc | 6.21% | $1.2 | 292.7% |
ADC Agree Realty Corp | 4.06% | $2.99 | 164.2% |
ROIC Retail Opportunity Investments Corp | 3.46% | $0.6 | 130.4% |
Yes, PennyMac Mortgage Investment Trust has been paying dividends for the last 14 years.
PennyMac Mortgage Investment Trust's last dividend ex-date was on Oct 11, 2024. The dividend amount was $0.4 per share.
PMT's annualized dividend per share is $1.6.
The current dividend yield of PennyMac Mortgage Investment Trust is 11.91%.
PennyMac Mortgage Investment Trust has a quarterly dividend frequency.
The dividend payout ratio of PennyMac Mortgage Investment Trust is 110.3%.
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.