PMT - NYSE
PennyMac Mortgage Investment Trust
$10.02
-3.9%PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.
At a Glance
Live SnapshotPennyMac Mortgage Investment Trust Dividend History
PMT Dividend Payment History
Total Payments
50
Latest Dividend
$0.4000
Annual Amount
$2.0000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 11, 2026 | Apr 9, 2026 | Apr 24, 2026 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Dec 10, 2025 | Dec 26, 2025 | Jan 23, 2026 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Sep 17, 2025 | Oct 10, 2025 | Oct 24, 2025 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Jun 25, 2025 | Jul 11, 2025 | Jul 25, 2025 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Mar 6, 2025 | Apr 11, 2025 | Apr 25, 2025 | $0.4000 | $0.4000 | Quarterly | +19.40% |
Dec 13, 2024 | Dec 27, 2024 | Jan 24, 2025 | $0.3350 | $0.3350 | Quarterly | -16.25% |
Sep 19, 2024 | Oct 11, 2024 | Oct 25, 2024 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Jun 13, 2024 | Jul 12, 2024 | Jul 26, 2024 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Mar 21, 2024 | Apr 12, 2024 | Apr 26, 2024 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Dec 6, 2023 | Dec 29, 2023 | Jan 26, 2024 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Aug 31, 2023 | Oct 13, 2023 | Oct 27, 2023 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Jun 9, 2023 | Jul 14, 2023 | Jul 28, 2023 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Mar 15, 2023 | Apr 14, 2023 | Apr 28, 2023 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Dec 7, 2022 | Dec 30, 2022 | Jan 27, 2023 | $0.4000 | $0.4000 | Quarterly | -14.89% |
Sep 21, 2022 | Oct 14, 2022 | Oct 28, 2022 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 2, 2022 | Jul 14, 2022 | Jul 28, 2022 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 4, 2022 | Apr 15, 2022 | Apr 28, 2022 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 7, 2021 | Dec 31, 2021 | Jan 31, 2022 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 21, 2021 | Oct 15, 2021 | Oct 28, 2021 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 23, 2021 | Jul 15, 2021 | Jul 29, 2021 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 24, 2021 | Apr 15, 2021 | Apr 29, 2021 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 18, 2020 | Dec 31, 2020 | Jan 29, 2021 | $0.4700 | $0.4700 | Quarterly | +17.50% |
Sep 23, 2020 | Oct 15, 2020 | Oct 30, 2020 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Jun 19, 2020 | Jul 15, 2020 | Jul 30, 2020 | $0.4000 | $0.4000 | Quarterly | +60.00% |
Mar 25, 2020 | Apr 15, 2020 | Apr 30, 2020 | $0.2500 | $0.2500 | Quarterly | -46.81% |
Dec 20, 2019 | Dec 31, 2019 | Jan 30, 2020 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 24, 2019 | Oct 14, 2019 | Oct 30, 2019 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 26, 2019 | Jul 15, 2019 | Jul 30, 2019 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 26, 2019 | Apr 15, 2019 | Apr 29, 2019 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 21, 2018 | Dec 31, 2018 | Jan 28, 2019 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 25, 2018 | Oct 15, 2018 | Oct 30, 2018 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 27, 2018 | Jul 13, 2018 | Jul 30, 2018 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 28, 2018 | Apr 13, 2018 | Apr 27, 2018 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 19, 2017 | Dec 29, 2017 | Jan 26, 2018 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 27, 2017 | Oct 13, 2017 | Oct 30, 2017 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 26, 2017 | Jul 13, 2017 | Jul 27, 2017 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 27, 2017 | Apr 13, 2017 | Apr 27, 2017 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 20, 2016 | Dec 30, 2016 | Jan 27, 2017 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 26, 2016 | Oct 7, 2016 | Oct 27, 2016 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 28, 2016 | Jul 14, 2016 | Jul 28, 2016 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 28, 2016 | Apr 12, 2016 | Apr 28, 2016 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 10, 2015 | Dec 28, 2015 | Jan 28, 2016 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 21, 2015 | Oct 15, 2015 | Oct 29, 2015 | $0.4700 | $0.4700 | Quarterly | -22.95% |
Jun 25, 2015 | Jul 16, 2015 | Jul 30, 2015 | $0.6100 | $0.6100 | Quarterly | 0.00% |
Mar 24, 2015 | Apr 15, 2015 | Apr 29, 2015 | $0.6100 | $0.6100 | Quarterly | 0.00% |
Dec 10, 2014 | Dec 30, 2014 | Jan 16, 2015 | $0.6100 | $0.6100 | Quarterly | 0.00% |
Sep 18, 2014 | Oct 15, 2014 | Oct 30, 2014 | $0.6100 | $0.6100 | Quarterly | +3.39% |
Jun 27, 2014 | Jul 15, 2014 | Jul 30, 2014 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Mar 24, 2014 | Apr 16, 2014 | Apr 30, 2014 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Dec 27, 2013 | Jan 10, 2014 | Jan 28, 2014 | $0.5900 | $0.5900 | Quarterly | - |
PennyMac Mortgage Investment Trust Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
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