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 12.71%. Next payment date is on 24th January, 2025 with an ex-dividend date of 27th December, 2024.
Key information
12.7%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 13.0% |
| Future Dividend Yield | 12.7% |
| Dividend Growth | -0.4% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | US$1.600 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Recent updates
PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer 8.2% Dividend Yield
Oct 29PennyMac Mortgage Investment Trust: Not Terrible But Not Attractive
Sep 11PennyMac Mortgage Investment Trust: This 11% Yielding mREIT May Cut Its Dividend Soon
Dec 07PennyMac: Pound Foolish
Aug 28PennyMac Mortgage: The 12% Yield Comes With A 17% Discount To Book
Jun 20PennyMac Mortgage Investment Trust: Recovery Is On The Way
May 25PennyMac Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 01PennyMac Mortgage Investment Trust cuts dividend by 14.9% to $0.40/share
Dec 07PennyMac Mortgage Investment Trust declares $0.47 dividend
Sep 21PennyMac Mortgage: Bearish Earnings Trend And Price Action, But Improving Profit Outlook
Jun 28PennyMac Mortgage: 11% Dividend And 20% Upside Potential
Apr 06PennyMac Mortgage Investment Trust Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next
Feb 06
PennyMac: Attractive Valuation But I Am Not Buying Yet
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PMT's dividend payments have been volatile in the past 10 years.
Growing Dividend: PMT'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) | 12.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Mortgage REITs) | 12.6% |
| Analyst forecast (PMT) (up to 3 years) | 12.7% |
Notable Dividend: PMT's dividend (12.71%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: PMT's dividend (12.71%) is in the top 25% of dividend payers in the US market (4.52%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111%), PMT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PMT is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 23:15 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PennyMac Mortgage Investment Trust is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Mark DeVries | Barclays |
| Derek Hewett | BofA Global Research |