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PMT (PennyMac Mortgage Investment Trust) 5-Year Yield-on-Cost % : 10.91 (As of Dec. 11, 2024)


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What is PennyMac Mortgage Investment Trust 5-Year Yield-on-Cost %?

PennyMac Mortgage Investment Trust's yield on cost for the quarter that ended in Sep. 2024 was 10.91.


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: 6.56   Med: 10.19   Max: 24.65
Current: 10.91


During the past 13 years, PennyMac Mortgage Investment Trust's highest Yield on Cost was 24.65. The lowest was 6.56. And the median was 10.19.


PMT's 5-Year Yield-on-Cost % is ranked better than
75.42% of 899 companies
in the REITs industry
Industry Median: 6.76 vs PMT: 10.91

Competitive Comparison of PennyMac Mortgage Investment Trust's 5-Year Yield-on-Cost %

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's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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.



PennyMac Mortgage Investment Trust 5-Year Yield-on-Cost % Calculation

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

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

PennyMac Mortgage Investment Trust  (NYSE:PMT) 5-Year Yield-on-Cost % Explanation

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 Business Description

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 the production and servicing of financial securities based on residential loans and the 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 Credit sensitive strategies segment generates income via investments in CRT arrangements, subordinate MBS, distressed loans, and real estate.
Executives
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Doug Jones officer: Chief Correspondent Lending Of C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Preston Paul Dufauchard, Jr. director 11230 ELVESSA STREET, OAKLAND CA 94605
Stacey D. Stewart director 5920 WALHONDING ROAD, BETHESDA MD 20816
Scott W. Carnahan director 3820 VISTA AZUL, SAN CLEMENTE CA 92672
Donna M Corley director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
William Herbert Chang officer: Chief Investment Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Marianne Sullivan director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
David Spector officer: President and COO, other: Trustee C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
James Follette officer: Chief Mortgage Fulfillment Ofr PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Renee Schultz director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Derek Stark officer: Chief Legal Officer 4500 PARK GRANADA, CALABASAS CA 91302
Frank P Willey director 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Randall D. Hadley director 23821 FAIRGREENS EAST, LAGUNA NIGUEL CA 92677
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777