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 12.17%.
Key information
12.2%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 12.5% |
| Future Dividend Yield | 12.2% |
| Dividend Growth | -0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| 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) | 12.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage REITs) | 12.1% |
| Analyst forecast (PMT) (up to 3 years) | 12.2% |
Notable Dividend: PMT's dividend (12.17%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: PMT's dividend (12.17%) is in the top 25% of dividend payers in the US market (4.32%)
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.