Pennymac Mortgage Investment Trust
S&P 500PMT/Real Estate · REIT - Mortgage/NYSE
Dividend Yield
16.10%
$1.60 · Annual Dividend
Dividend Safety Rating
PMT's dividend shows some areas that warrant monitoring. Strengths include a 2.0% fcf payout ratio & 2.6% cfo payout ratio. Areas of concern: 137.9% earnings payout ratio & 1090.1 debt-to-equity. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 12 of 15 metrics
Strengths
- FCF Payout Ratio: 2.0%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 2.6%Operating cash flow strongly supports the payout.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
Risks
- Earnings Payout Ratio: 137.9%High earnings payout ratio leaves little safety margin.
- Debt-to-Equity: 1090.1Debt-to-equity is elevated for the sector.
- Return on Equity: 7.6%Return on equity is below industry norms.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
CautionDividend Track Record
SafeAbout Pennymac Mortgage Investment Trust
Pennymac Mortgage Investment Trust, a real estate investment trust, focuses on mortgage-related investments. This financial vehicle primarily engages in acquiring, managing, and investing in a portfolio of residential mortgage loans and mortgage-related assets. Pennymac Mortgage Investment Trust is dedicated to enhancing the yield of its investment portfolio through the securitization of pools of mortgage loans, which it acquires from various sources, including government-sponsored enterprises. Notable features of this trust include its active participation in the secondary mortgage market, where it plays a significant role by purchasing mortgage-backed securities and mortgages. It impacts the real estate sector by supporting housing market liquidity and providing unique opportunities for income generation through its diverse asset mix, which includes credit risk transfer securities and government-backed mortgage securities. In the financial market, Pennymac Mortgage Investment Trust is recognized for its strategic approach to manage interest rate and credit risks, thus aiming to deliver attractive returns to its shareholders. As a publicly traded entity, it offers investors exposure to real estate investments without the need for direct ownership of physical properties.
Dividend Overview
Dividend Yield
16.10%
Annual Dividend
$1.60
Frequency
Quarterly
Payout Ratio
137.93%
FCF Payout Ratio
1.98%
52-Week Range
$9.83 - $13.81
Dividend History (2016–2025)
PMT annual dividend per share and yield history
Earnings & Profitability
PMT earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
July 9, 2026
Next Payment Date
July 24, 2026
Dividend Growth
3-Year Dividend CAGR
-4.03%
5-Year Dividend CAGR
1.03%
10-Year Dividend CAGR
-2.96%
3-Year Total Growth
-11.60%
5-Year Total Growth
5.26%
10-Year Total Growth
-25.93%
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Frequently Asked Questions
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How is PMT's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.