PennyMac Mortgage Investment Trust Dividends and Buybacks
Dividend criteria checks 2/6
PennyMac Mortgage Investment Trust is a dividend paying company with a current yield of 11.8%. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
11.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 12.1% |
| Future Dividend Yield | 11.8% |
| Dividend Growth | -0.4% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.600 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PMT.PRC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PMT.PRC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| PennyMac Mortgage Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PMT.PRC) | 11.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Mortgage REITs) | 11.8% |
| Analyst forecast (PMT.PRC) (up to 3 years) | 11.8% |
Notable Dividend: PMT.PRC's dividend (11.8%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PMT.PRC's dividend (11.8%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111%), PMT.PRC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PMT.PRC is paying a dividend but the company has no free cash flows.