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PMT PennyMac Mortgage Investment Trust dividend history, payout ratio & dates

PennyMac Mortgage Investment Trust's latest quarterly dividend was on Dec 28, 2023 (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 11.32% based on its recent close price.

Key dates

  • PMT last dividend date: Dec 28, 2023
  • PMT next dividend date: Not announced
PMT dividend stats
DPS
$1.6
Dividend yield
11.32%
Payout ratio
88.9%
vs. Real Estate sector
Dividend yield
6.5%
Payout ratio
134.3%

Dividend yield

What is PennyMac Mortgage Investment Trust current dividend yield

PMT has a dividend yield of 11.32% 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 6.5%, PennyMac Mortgage Investment Trust's dividend yield is 74% higher. The historical 5-year average of PMT's dividend yield is 11.1%, which is in line with the current one.

Dividend history

What is PMT dividend payout history and dates

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 decreased by 12% for the last twelve months. And with the price of the stock up by 8% from a year ago, the dividend yield has decreased by 19%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 28, 2023 Jan 26, 2024 Dec 6, 2023 $0.4 normal
Oct 12, 2023 Oct 27, 2023 Aug 31, 2023 $0.4 normal
Jul 13, 2023 Jul 28, 2023 Jun 9, 2023 $0.4 normal
Apr 13, 2023 Apr 28, 2023 Mar 15, 2023 $0.4 normal
Dec 29, 2022 Jan 27, 2023 Dec 7, 2022 $0.4 normal
Oct 13, 2022 Oct 28, 2022 Sep 21, 2022 $0.47 normal
Jul 13, 2022 Jul 28, 2022 Jun 2, 2022 $0.47 normal
Apr 13, 2022 Apr 28, 2022 Mar 4, 2022 $0.47 normal
Dec 30, 2021 Jan 31, 2022 Dec 7, 2021 $0.47 normal
Oct 14, 2021 Oct 28, 2021 Sep 21, 2021 $0.47 normal
Jul 14, 2021 Jul 29, 2021 Jun 23, 2021 $0.47 normal
Apr 14, 2021 Apr 29, 2021 Mar 24, 2021 $0.47 normal
Dec 30, 2020 Jan 29, 2021 Dec 18, 2020 $0.47 normal
Oct 14, 2020 Oct 30, 2020 Sep 23, 2020 $0.4 normal
Jul 14, 2020 Jul 30, 2020 Jun 19, 2020 $0.4 normal
Apr 14, 2020 Apr 30, 2020 Mar 25, 2020 $0.25 normal
Dec 30, 2019 Jan 30, 2020 Dec 20, 2019 $0.47 normal
Oct 10, 2019 Oct 30, 2019 Sep 24, 2019 $0.47 normal
Jul 12, 2019 Jul 30, 2019 Jun 26, 2019 $0.47 normal
Apr 12, 2019 Apr 29, 2019 Mar 26, 2019 $0.47 normal
Dec 28, 2018 Jan 28, 2019 Dec 21, 2018 $0.47 normal
Oct 12, 2018 Oct 30, 2018 $0.47 normal
Jul 12, 2018 Jul 30, 2018 Jun 27, 2018 $0.47 normal
Apr 12, 2018 Apr 27, 2018 Mar 28, 2018 $0.47 normal
Dec 28, 2017 Jan 26, 2018 Dec 19, 2017 $0.47 normal
Oct 12, 2017 Oct 30, 2017 Sep 27, 2017 $0.47 normal
Jul 11, 2017 Jul 27, 2017 Jun 26, 2017 $0.47 normal
Apr 11, 2017 Apr 27, 2017 Mar 27, 2017 $0.47 normal
Dec 28, 2016 Jan 27, 2017 Dec 20, 2016 $0.47 normal
Oct 5, 2016 Oct 27, 2016 Sep 26, 2016 $0.47 normal
Jul 12, 2016 Jul 28, 2016 Jun 28, 2016 $0.47 normal
Apr 8, 2016 Apr 28, 2016 Mar 28, 2016 $0.47 normal

PennyMac Mortgage Investment Trust dividend payout ratio

What is PennyMac Mortgage Investment Trust dividend payout ratio compared to the sector

Payout ratio

PMT has a payout ratio of 88.9% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 134.3%, PennyMac Mortgage Investment Trust's payout ratio is 34% lower.

Total amount of dividends paid per financial year (from cash flow)

PMT dividend vs peer dividends

How does PMT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PMT PennyMac Mortgage Investment Trust 11.32% $1.6 88.9%
SBRA Sabra Health Care REIT Inc 8.65% $1.2 2,000%

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 is PennyMac Mortgage Investment Trust's next dividend?

At this point we don't have a record of PMT's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2024.

When was PMT's last dividend?

PennyMac Mortgage Investment Trust's last dividend ex-date was on Dec 28, 2023. 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 11.32%.

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 88.9%.

Does PennyMac Mortgage Investment Trust pay a good dividend?

PennyMac Mortgage Investment Trust's dividend yield is more than the Real Estate sector average.