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PennyMac Financial Services (PennyMac Financial Services) 3-Year Dividend Growth Rate : 14.00% (As of Dec. 2023)


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What is PennyMac Financial Services 3-Year Dividend Growth Rate?

PennyMac Financial Services's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

The historical rank and industry rank for PennyMac Financial Services's 3-Year Dividend Growth Rate or its related term are showing as below:

PFSI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 14   Med: 51.1   Max: 88.2
Current: 14

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PennyMac Financial Services was 88.20% per year. The lowest was 14.00% per year. And the median was 51.10% per year.

PFSI's 3-Year Dividend Growth Rate is ranked better than
69.13% of 771 companies
in the Banks industry
Industry Median: 7.6 vs PFSI: 14.00

During the past 3 years, the average Dividends Per Share Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

PennyMac Financial Services's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.14. As of today, PennyMac Financial Services's Dividend Yield % is 0.93%.

Warning Sign:

PennyMac Financial Services Inc stock dividend yield is close to 3-year low.

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


Competitive Comparison of PennyMac Financial Services's 3-Year Dividend Growth Rate

For the Mortgage Finance subindustry, PennyMac Financial Services's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Financial Services's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PennyMac Financial Services's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where PennyMac Financial Services's 3-Year Dividend Growth Rate falls into.



PennyMac Financial Services 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


PennyMac Financial Services  (NYSE:PFSI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

PennyMac Financial Services's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 1.413
=0.14

During the past 13 years, the highest Dividend Payout Ratio of PennyMac Financial Services was 0.16. The lowest was 0.03. And the median was 0.05.

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

PennyMac Financial Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2000002024-02-122024-02-132024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-11-102023-11-132023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-08-142023-08-152023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-05-152023-05-162023-05-26Cash 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 Financial Services's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/86.21
=0.93 %

Current Share Price is $86.21.
PennyMac Financial Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

During the past 13 years, the highest Dividend Yield of PennyMac Financial Services was 1.95%. The lowest was 0.31%. And the median was 1.09%.

Warning Sign:

PennyMac Financial Services Inc stock dividend yield is close to 3-year low.

* 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 Financial Services 3-Year Dividend Growth Rate Related Terms>


PennyMac Financial Services (PennyMac Financial Services) Business Description

Traded in Other Exchanges
Address
3043 Townsgate Road, Suite 200, Westlake Village, CA, USA, 91361
PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The company operates through three segments: production, servicing, and investment management. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. The company generates the majority of revenue from its mortgage banking business.
Executives
David Spector director, officer: Chairman & CEO C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Joseph F Mazzella director C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
William Herbert Chang officer: Chief Capital Markets Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Derek Stark officer: Chief Legal Officer 4500 PARK GRANADA, CALABASAS CA 91302
Daniel Stanley Perotti officer: Chief Financial Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Doug Jones officer: Chief Mtge Bnkg Ofcr C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
James Follette officer: Chief Mort Fulfillment Off. PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Steven Richard Bailey officer: Chief Servicing Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Gregory L Hendry officer: MD, Chief Accounting Officer 3300 LAKE AVENUE, ALTADENA CA 91001
Patrick Kinsella director C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Anne Mccallion director C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Donald J. White officer: Chief Risk Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
James K Hunt director THL CREDIT GROUP, 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Vandad Fartaj officer: Chief Investment Officer C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Farhad Nanji director C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116

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