PennyMac Mortgage Investment Trust's yield on cost for the quarter that ended in Dec. 2023 was 12.91.
The historical rank and industry rank for PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost % or its related term are showing as below:
PMT'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.7 Med: 11.51 Max: 28.94
Current: 12.91
During the past 13 years, PennyMac Mortgage Investment Trust's highest Yield on Cost was 28.94. The lowest was 7.70. And the median was 11.51.
PMT's 5-Year Yield-on-Cost % is ranked better than 88.12% of 833
companies
in the REITs industry
Industry Median: 7.14
vs PMT: 12.91
Competitive Comparison
For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution
For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of PennyMac Mortgage Investment Trust is calculated as
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
PennyMac Mortgage Investment Trust 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description
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.
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