PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) Dividends

PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT): $13.32

1.15 (-7.95%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

B

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Industry: REITs - Mortgage

Industry

C

Ranked

#13 of 27

in industry

Dividend Yield and Dividend History Highlights

  • Free cash flow for PMT has a compound average growth rate of -3,713.83%, which is higher than just 0.45% of stocks in our dividend set.
  • As for stocks whose price is uncorrelated with PMT's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: FDS, TRIB, RGLD, WPG and CSX.
PMT Ex-Dividend Date
PMT Dividend Yield
11.03%
PMT Annual Dividend
$1.60
PMT Payout Ratio

PMT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$13.32$111.74 571.08%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of PMT, the dividend discount model StockNews created for the company implies a positive return of 571.08%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for PennyMac Mortgage Investment Trust are:

  • In comparison to stocks we observe that provide shareholders with a dividend, PennyMac Mortgage Investment Trust produces a dividend yield 11.29% -- which falls in the top 1.86%.
  • In comparison to other US listed dividend yielding stocks in the Real Estate sector, PennyMac Mortgage Investment Trust's expected return of 571.08% is higher than 90.91% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, PMT has a discount rate lower than 90.91% of them (a lower discount rate is associated with lower risk).
  • Compared to other dividend issuers in the mid-sized market cap category, PMT's beta -- a measure of volatility relative to the market at large -- is lower than 79.17% of them.


PMT Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-07-12Dividend$0.40--
2024-04-11Dividend$0.40--
2023-12-28Dividend$0.40--
2023-10-12Dividend$0.40--
2023-07-13Dividend$0.40--
2023-04-13Dividend$0.40--
2022-12-29Dividend$0.40-14.89%
2022-10-13Dividend$0.47--
2022-07-13Dividend$0.47--
2022-04-13Dividend$0.47--
2021-12-30Dividend$0.47--
2021-10-14Dividend$0.47--
2021-07-14Dividend$0.47--
2021-04-14Dividend$0.47--
2020-12-30Dividend$0.47+17.50%
2020-10-14Dividend$0.40--
2020-07-14Dividend$0.40+60.00%
2020-04-14Dividend$0.25-46.81%
2019-12-30Dividend$0.47--
2019-10-10Dividend$0.47--
2019-07-12Dividend$0.47--
2019-04-12Dividend$0.47--
2018-12-28Dividend$0.47--
2018-10-12Dividend$0.47--
2018-07-12Dividend$0.47--
2018-04-12Dividend$0.47--
2017-12-28Dividend$0.47--
2017-10-12Dividend$0.47--
2017-07-11Dividend$0.47--
2017-04-11Dividend$0.47--
2016-12-28Dividend$0.47--
2016-10-05Dividend$0.47--
2016-07-12Dividend$0.47--
2016-04-08Dividend$0.47--
2015-12-23Dividend$0.47--
2015-10-13Dividend$0.47-22.95%
2015-07-14Dividend$0.61--
2015-04-13Dividend$0.61--
2014-12-26Dividend$0.61--
2014-10-10Dividend$0.61+3.39%
2014-07-11Dividend$0.59--
2014-04-14Dividend$0.59--
2014-01-08Dividend$0.59+3.51%
2013-11-13Dividend$0.57--
2013-08-15Dividend$0.57--
2013-05-14Dividend$0.57--
2013-02-19Dividend$0.57--
2012-11-15Dividend$0.57+3.64%
2012-08-14Dividend$0.55--
2012-05-14Dividend$0.55--
2012-02-15Dividend$0.55+10.00%
2011-11-14Dividend$0.50--
2011-08-12Dividend$0.50+19.05%
2011-05-12Dividend$0.42--
2011-01-10Dividend$0.42--
2010-11-17Dividend$0.42+20.00%
2010-08-12Dividend$0.35--


PMT Dividends vs. Peers

PMT's dividend yield currently ranks #10 of 40 vs. its peers in the REITs - Mortgage category.
Rank Symbol Name Dividend Yield
1 KREF KKR Real Estate Finance Trust Inc. 0.00%
2 BRMK Broadmark Realty Capital Inc. 0.00%
3 NLY Annaly Capital Management Inc 0.00%
4 AGNC AGNC Investment Corp. 0.00%
5 ORM Owens Realty Mortgage, Inc. 0.00%
6 MFA MFA Financial, Inc. 0.00%
7 CHMI Cherry Hill Mortgage Investment Corporation 0.00%
8 RITM Rithm Capital Corp. 0.00%
9 BRSP BrightSpire Capital Inc. 0.00%
10 PMT PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest 0.00%
11 RC Ready Capital Corproation 0.00%
12 CIM Chimera Investment Corporation 0.00%
13 MITT AG Mortgage Investment Trust, Inc. 0.00%
14 AJX Great Ajax Corp. 0.00%
15 GPMT Granite Point Mortgage Trust Inc. 0.00%
16 NRZ New Residential Investment Corp. 0.00%
17 CMO Capstead Mortgage Corporation 0.00%
18 DX Dynex Capital, Inc. 0.00%
19 WMC Western Asset Mortgage Capital Corporation 0.00%
20 NYMT New York Mortgage Trust Inc. 0.00%
21 EARN Ellington Residential Mortgage REIT Common Shares of Beneficial Interest 0.00%
22 CMTG Claros Mortgage Trust, Inc. 0.00%
23 TRTX TPG RE Finance Trust, Inc. 0.00%
24 ANH Anworth Mortgage Asset Corporation 0.00%
25 OAKS Five Oaks Investment Corp. 0.00%
26 SACH Sachem Capital Corp. Common Shares 0.00%
27 LFT Lument Finance Trust Inc. 0.00%
28 TWO Two Harbors Investment Corp 0.00%
29 ARI Apollo Commercial Real Estate Finance, Inc 0.00%
30 ARR ARMOUR Residential REIT, Inc. 0.00%
31 ATAX America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests 0.00%
32 ZFC Zais Financial Corp. Common Sto 0.00%
33 ORC Orchid Island Capital, Inc. 0.00%
34 BXMT Blackstone Mortgage Trust, Inc. 0.00%
35 TRMT Tremont Mortgage Trust of Beneficial Interest 0.00%
36 AAIC Arlington Asset Investment Corp. 0.00%
37 NREF NexPoint Real Estate Finance Inc. 0.00%
38 CYS CYS Investments, Inc. 0.00%
39 MTGE MTGE Investment Corp. 0.00%
40 IVR INVESCO MORTGAGE CAPITAL INC 0.00%

Looking for More Information on PMT dividends?

Want to see what other sources are saying about PennyMac Mortgage Investment Trust's dividends? Try the links below:

PennyMac Mortgage Investment Trust Common Stock (PMT) Dividend History | Nasdaq
Dividend History for PennyMac Mortgage Investment Trust (PMT) - Dividend Investor
PennyMac Mortgage Investment Trust (PMT) Dividend History - Seeking Alpha

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