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PMT PennyMac Mortgage Investment Trust — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Mortgage

$7.27 ▲ $0.01(0.14%) as of Oct 29, 2026 06:20 UTC
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PennyMac Mortgage Investment Trust (PMT) functions as a specialized financial firm, concentrating its investments primarily on mortgage-related assets within the United States. The company operates through several key divisions: Its Credit Sensitive Strategies segment channels capital into various instruments, including credit risk transfer (CRT) agreements and securities, distressed loans, real estate holdings, and non-agency subordinated bonds. The Interest Rate Sensitive Strategies segment focuses on investments such as mortgage servicing rights, excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), while also undertaking related interest rate hedging activities. Through its Correspondent Production segment, PMT engages in the acquisition, pooling, and subsequent resale of newly originated prime credit residential loans, either directly or packaged as MBS. The trust is externally managed by PNMAC Capital Management, LLC. For federal income tax purposes, PennyMac Mortgage Investment Trust qualifies as a real estate investment trust (REIT). This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable income to its shareholders. PMT was founded in 2009 and has its headquarters situated in Westlake Village, California.

Dividend Snapshot

StatusReduced
Last Dividend$0.4000Paid Oct 23, 2026
Forward Annual$1.60From the $0.4000 dividend declared Sep 01, 2026
FrequencyQuarterly
Last Ex-DateOct 08, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth4.2%Annual totals, 2024–2025
10-Yr Growth-3.0%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

12/100

Very weak indicators

Complete data

Dividend Growth Score

20/100

Very weak growth record

Most data available

Dividend Value Score

67/100

Below own historical valuation

Partial data

DividendRank

31/100

Lower middle of the scale

Most data available

How the Dividend Safety Score is built for PMT
InputValuePointsWeight
Operating cash flow payout ratioOperating cash flow negative (TTM to Jun 30, 2026) 0 35%
Net debt / EBITDANet debt / EBITDA 31.3x (TTM to Jun 30, 2026) 0 20%
Interest coverageInterest coverage, EBITDA basis 0.7x (TTM to Jun 30, 2026) 0 15%
Dividend record16 years of uninterrupted regular payments; last cut Apr 14, 2020 (-46.8%), within 10 years: capped at 50 50 20%
Operating cash flow stabilityOperating cash flow positive in 2 of the last 5 fiscal years (FY2021–FY2025) 15 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for PMT
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 1.0% (2020–2025) 35 25%
Consecutive annual increases1 consecutive annual increase (through 2025) 25 20%
Payout headroomOperating cash flow negative (TTM to Jun 30, 2026): no headroom 0 20%
Operating cash flow per share growth (3 years)N/A (not used) N/A 15%
Revenue growth (3 years)N/A (not used) N/A 10%
10-year dividend growth10-year dividend CAGR -3.0% (2015–2025) 10 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Value Score is built for PMT
InputValuePointsWeight
Yield vs own historyCurrent yield at the 100th percentile of its 120 month-end yields 100 40%
P/OCF vs own 5-year medianN/A (not used) N/A 25%
Operating cash flow yieldOperating cash flow yield -1,588.8% (TTM to Jun 30, 2026) 0 20%
P/OCF vs peersN/A (not used) N/A 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

Key Metrics

Current Yield

22.01%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.6000

Declared Sep 01, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

41

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$6.75 – $13.81

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

109.00% (EPS-based)

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

16

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.33

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 12/100, yield 22.01%.
A Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
16 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume1,730,013Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$7.01Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$6.94 – $7.07Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$7.01Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$633.96MAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out87.20MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.9112 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)4.9Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 08, 2026Paid Oct 23, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)-4.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)1.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases1 yrAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

PMT's dividend yield rose from 16.97% to 22.01% over the past ~90 days (+5.04 pp). Of that move, +0.00 pp came from changes in the dividend rate and +5.04 pp from the share price ($9.43 on Jul 31, 2026 → $7.27 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current22.01%
1-Yr Average14.97%
Low / High11.59% – 23.70%
Percentile96%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), PMT's current yield is higher than approximately 96% of them. Our stored price history for PMT covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.4000 Q Regular Sep 01, 2026 Oct 08, 2026 Oct 08, 2026 Oct 23, 2026
$0.4000 Q Regular Jun 16, 2026 Jul 09, 2026 Jul 09, 2026 Jul 24, 2026
$0.4000 Q Regular Mar 11, 2026 Apr 09, 2026 Apr 09, 2026 Apr 24, 2026
$0.4000 I Regular Dec 10, 2025 Dec 26, 2025 Dec 26, 2025 Jan 23, 2026
$0.4000 Q Regular Sep 17, 2025 Oct 10, 2025 Oct 10, 2025 Oct 24, 2025
$0.4000 Q Regular Jun 25, 2025 Jul 11, 2025 Jul 11, 2025 Jul 25, 2025
$0.4000 Q Regular Mar 06, 2025 Apr 11, 2025 Apr 11, 2025 Apr 25, 2025
$0.3355 I Regular Dec 13, 2024 Dec 27, 2024 Dec 27, 2024 Jan 24, 2025
$0.4000 Q Regular Sep 19, 2024 Oct 11, 2024 Oct 11, 2024 Oct 25, 2024
$0.4000 Q Regular Jun 13, 2024 Jul 12, 2024 Jul 12, 2024 Jul 26, 2024
$0.4000 Q Regular Mar 21, 2024 Apr 11, 2024 Apr 12, 2024 Apr 26, 2024
$0.4000 Q Regular Dec 06, 2023 Dec 28, 2023 Dec 29, 2023 Jan 26, 2024
$0.4000 Q Regular Aug 31, 2023 Oct 12, 2023 Oct 13, 2023 Oct 27, 2023
$0.4000 Q Regular Jun 09, 2023 Jul 13, 2023 Jul 14, 2023 Jul 28, 2023
$0.4000 Q Regular Mar 15, 2023 Apr 13, 2023 Apr 14, 2023 Apr 28, 2023
$0.4000 Q Regular Dec 07, 2022 Dec 29, 2022 Dec 30, 2022 Jan 27, 2023
$0.4700 Q Regular Sep 21, 2022 Oct 13, 2022 Oct 14, 2022 Oct 28, 2022
$0.4700 Q Regular Jun 02, 2022 Jul 13, 2022 Jul 14, 2022 Jul 28, 2022
$0.4700 Q Regular Mar 04, 2022 Apr 13, 2022 Apr 15, 2022 Apr 28, 2022
$0.4700 Q Regular Dec 07, 2021 Dec 30, 2021 Dec 31, 2021 Jan 31, 2022
$0.4700 Q Regular Sep 21, 2021 Oct 14, 2021 Oct 15, 2021 Oct 28, 2021
$0.4700 Q Regular Jun 23, 2021 Jul 14, 2021 Jul 15, 2021 Jul 29, 2021
$0.4700 Q Regular Mar 24, 2021 Apr 14, 2021 Apr 15, 2021 Apr 29, 2021
$0.4700 Q Regular Dec 18, 2020 Dec 30, 2020 Dec 31, 2020 Jan 29, 2021
$0.4000 Q Regular Sep 23, 2020 Oct 14, 2020 Oct 15, 2020 Oct 30, 2020
$0.4000 Q Regular Jun 19, 2020 Jul 14, 2020 Jul 15, 2020 Jul 30, 2020
$0.2500 Q Regular Mar 25, 2020 Apr 14, 2020 Apr 15, 2020 Apr 30, 2020
$0.4700 Q Regular Dec 20, 2019 Dec 30, 2019 Dec 31, 2019 Jan 30, 2020
$0.4700 Q Regular Sep 24, 2019 Oct 10, 2019 Oct 14, 2019 Oct 30, 2019
$0.4700 Q Regular Jun 26, 2019 Jul 12, 2019 Jul 15, 2019 Jul 30, 2019
$0.4700 Q Regular Mar 26, 2019 Apr 12, 2019 Apr 15, 2019 Apr 29, 2019
$0.4700 Q Regular Dec 21, 2018 Dec 28, 2018 Dec 31, 2018 Jan 28, 2019
$0.4700 Q Regular Sep 25, 2018 Oct 12, 2018 Oct 15, 2018 Oct 30, 2018
$0.4700 Q Regular Jun 27, 2018 Jul 12, 2018 Jul 13, 2018 Jul 30, 2018
$0.4700 Q Regular Mar 28, 2018 Apr 12, 2018 Apr 13, 2018 Apr 27, 2018
$0.4700 Q Regular Dec 19, 2017 Dec 28, 2017 Dec 29, 2017 Jan 26, 2018
$0.4700 Q Regular Sep 27, 2017 Oct 12, 2017 Oct 13, 2017 Oct 30, 2017
$0.4700 Q Regular Jun 26, 2017 Jul 11, 2017 Jul 13, 2017 Jul 27, 2017
$0.4700 Q Regular Mar 27, 2017 Apr 11, 2017 Apr 13, 2017 Apr 27, 2017
$0.4700 Q Regular Dec 20, 2016 Dec 28, 2016 Dec 30, 2016 Jan 27, 2017
$0.4700 Q Regular Sep 26, 2016 Oct 05, 2016 Oct 07, 2016 Oct 27, 2016
$0.4700 Q Regular Jun 28, 2016 Jul 12, 2016 Jul 14, 2016 Jul 28, 2016
$0.4700 Q Regular Mar 28, 2016 Apr 08, 2016 Apr 12, 2016 Apr 28, 2016
$0.4700 Q Regular Dec 10, 2015 Dec 23, 2015 Dec 28, 2015 Jan 28, 2016
$0.4700 Q Regular Sep 21, 2015 Oct 13, 2015 Oct 15, 2015 Oct 29, 2015
$0.6100 Q Regular Jun 25, 2015 Jul 14, 2015 Jul 16, 2015 Jul 30, 2015
$0.6100 Q Regular Mar 24, 2015 Apr 13, 2015 Apr 15, 2015 Apr 29, 2015
$0.6100 Q Regular Dec 10, 2014 Dec 26, 2014 Dec 30, 2014 Jan 16, 2015
$0.6100 Q Regular Sep 18, 2014 Oct 10, 2014 Oct 15, 2014 Oct 30, 2014
$0.5900 Q Regular Jun 27, 2014 Jul 11, 2014 Jul 15, 2014 Jul 30, 2014
$0.5900 Q Regular Mar 24, 2014 Apr 14, 2014 Apr 16, 2014 Apr 30, 2014
$0.5900 Q Regular Dec 27, 2013 Jan 08, 2014 Jan 10, 2014 Jan 28, 2014
$0.5700 Q Regular Nov 06, 2013 Nov 13, 2013 Nov 15, 2013 Nov 29, 2013
$0.5700 Q Regular Aug 08, 2013 Aug 15, 2013 Aug 19, 2013 Aug 30, 2013
$0.5700 Q Regular Apr 23, 2013 May 14, 2013 May 16, 2013 May 31, 2013
$0.5700 Q Regular Feb 07, 2013 Feb 19, 2013 Feb 21, 2013 Mar 01, 2013
$0.5700 I Regular Nov 08, 2012 Nov 15, 2012 Nov 19, 2012 Nov 30, 2012
$0.5500 Q Regular Aug 02, 2012 Aug 14, 2012 Aug 16, 2012 Aug 31, 2012
$0.5500 Q Regular May 04, 2012 May 14, 2012 May 16, 2012 May 31, 2012
$0.5500 Q Regular Feb 09, 2012 Feb 15, 2012 Feb 17, 2012 Feb 29, 2012
$0.5000 Q Regular Oct 31, 2011 Nov 14, 2011 Nov 16, 2011 Nov 30, 2011
$0.5000 Q Regular Aug 05, 2011 Aug 12, 2011 Aug 16, 2011 Aug 31, 2011
$0.4200 Q Regular May 05, 2011 May 12, 2011 May 16, 2011 May 31, 2011
$0.4200 S Regular Dec 30, 2010 Jan 10, 2011 Jan 12, 2011 Jan 28, 2011
$0.4200 Q Regular Nov 04, 2010 Nov 17, 2010 Nov 19, 2010 Nov 30, 2010
$0.3500 Q Regular Aug 05, 2010 Aug 12, 2010 Aug 16, 2010 Aug 31, 2010

Peer Comparison

Selected REIT - Mortgage dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
MITT TPG Mortgage Investment Trust Inc 17.08% N/A 2 yrs 70
EFC Ellington Financial Inc. 13.29% 4.4% 0 yrs 69
FBRT Franklin BSP Realty Trust, Inc. 12.62% N/A 0 yrs 65
ADAM Adamas Trust, Inc. 15.42% N/A 1 yr 64

Related Guides & Lists

PMT dividend — frequently asked questions

Does PennyMac Mortgage Investment Trust pay a dividend?

Yes. PennyMac Mortgage Investment Trust (PMT) currently pays a dividend. The annualized dividend is about $1.60 per share, a yield of approximately 22.01%.

What is PennyMac Mortgage Investment Trust's dividend yield?

PennyMac Mortgage Investment Trust's dividend yield is approximately 22.01%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does PennyMac Mortgage Investment Trust pay dividends?

PennyMac Mortgage Investment Trust pays dividends quarterly — 4 times per year.

How long has PennyMac Mortgage Investment Trust paid dividends?

PennyMac Mortgage Investment Trust has 16 years of dividend payments on record.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.