PennyMac Mortgage Investment Trust
PMTReal Estate · Stock · quarterly payer
$9.63
Add to PortfolioForward Yield
16.82%
Annual Dividend
$1.60
Payout Ratio
111%
5-Yr Growth
1.0%
Ex-Date
Oct 8, 2026
Frequency
Quarterly
Summary
As of September 2026, PennyMac Mortgage Investment Trust (PMT) yields 16.82% ($1.60 per share annually). Dividend safety grade: D (41/100).
Is PMT a good dividend stock?
Higher riskPennyMac Mortgage Investment Trust (PMT) pays a quarterly dividend yielding 16.82% ($1.60/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (111%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 16.82%
- Payout Ratio
- 111%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 1.0%
- Ex-Dividend Date
- Oct 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.12
- Market Cap
- —
- P/E Ratio
- 6.7
- 5-Yr Total Return
- -53%
- 52-Week Range
- $9.05 – $13.81
- Dividend Safety
- D · 41/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
PMT Price — Last 12 Months
Daily close
Price Return
1 Year
-24%
3 Years
-25%
5 Years
-53%
52-Week Range
$9.05 – $13.81
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
PMT Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 9, 2026 | — | $0.4000 | regular |
| Apr 9, 2026 | — | $0.4000 | regular |
| Dec 26, 2025 | — | $0.4000 | regular |
| Oct 10, 2025 | — | $0.4000 | regular |
| Jul 11, 2025 | — | $0.4000 | regular |
| Apr 11, 2025 | — | $0.4000 | regular |
| Dec 27, 2024 | — | $0.4000 | regular |
| Oct 11, 2024 | — | $0.4000 | regular |
| Jul 12, 2024 | — | $0.4000 | regular |
| Apr 11, 2024 | — | $0.4000 | regular |
| Dec 28, 2023 | — | $0.4000 | regular |
| Oct 12, 2023 | — | $0.4000 | regular |
| Jul 13, 2023 | — | $0.4000 | regular |
| Apr 13, 2023 | — | $0.4000 | regular |
Income Calculator
At $1.60 / yr per share
