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PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Forward Dividend Yield % : 8.56% (As of May. 11, 2024)


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What is PennyMac Mortgage Investment Trust Forward Dividend Yield %?

As of today (2024-05-11), the Forward Annual Dividend Yield of PennyMac Mortgage Investment Trust is 8.56%.

As of today (2024-05-11), the Trailing Annual Dividend Yield of PennyMac Mortgage Investment Trust is 8.56%.

PMTpA.PFD's Forward Dividend Yield % is ranked better than
76.99% of 830 companies
in the REITs industry
Industry Median: 7.19 vs PMTpA.PFD: 8.56

PennyMac Mortgage Investment Trust's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, PennyMac Mortgage Investment Trust's average Dividends Per Share Growth Rate was -11.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PennyMac Mortgage Investment Trust was 43.60% per year. The lowest was -16.00% per year. And the median was 1.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of PennyMac Mortgage Investment Trust's Forward Dividend Yield %

For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PennyMac Mortgage Investment Trust's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where PennyMac Mortgage Investment Trust's Forward Dividend Yield % falls into.



PennyMac Mortgage Investment Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

PennyMac Mortgage Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5078132024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5078132023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5078132023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5078132023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

PennyMac Mortgage Investment Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.031252/23.717
=8.56 %

Current Share Price is $23.717.
PennyMac Mortgage Investment Trust's Dividends per Share for the forward twelve months is calculated as $0.507813 * 4 = $2.031252.

PennyMac Mortgage Investment Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.031252/23.717
=8.56 %

Current Share Price is $23.717.
PennyMac Mortgage Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.031252.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PennyMac Mortgage Investment Trust  (NYSE:PMTpA.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


PennyMac Mortgage Investment Trust Forward Dividend Yield % Related Terms

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PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
3043 Townsgate Road, Westlake Village, CA, USA, 91361
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.