PennyMac Mortgage Investment Trust
PMT-PAReal Estate · Stock · quarterly payer
Forward Yield
8.99%
Annual Dividend
$2.03
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of July 2026, PennyMac Mortgage Investment Trust (PMT-PA) yields 8.99% ($2.03 per share annually), with a blended fair-value estimate of $42.50 — +88% upside, so it screens as undervalued. Dividend safety grade: B (73/100).
Is PMT-PA a good dividend stock?
Yes, with caveatsPennyMac Mortgage Investment Trust (PMT-PA) pays a quarterly dividend yielding 8.99% ($2.03/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.99%
- Payout Ratio
- —
- Annual Dividend
- $2.03
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.09
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -14%
- 52-Week Range
- $21.75 – $25.00
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
PMT-PA Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
-0%
5 Years
-14%
52-Week Range
$21.75 – $25.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PMT-PA worth?
Undervaluedlow confidenceOur blended fair-value estimate for PennyMac Mortgage Investment Trust is $42.50 per share, versus a market price of $22.60. That implies 88% of upside — a margin of safety of about 47%.
Fair Value
$42.50
Current Price
$22.60
Upside
+88%
Margin of Safety
47%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.8% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, -$0.73 EPS, $2.03 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PMT-PA Dividend Safety Score
Safe
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 |
|---|---|---|---|
| Jun 1, 2026 | — | $0.5078 | regular |
| Feb 27, 2026 | — | $0.5078 | regular |
| Dec 1, 2025 | — | $0.5078 | regular |
| Aug 29, 2025 | — | $0.5078 | regular |
| May 30, 2025 | — | $0.5078 | regular |
| Feb 28, 2025 | — | $0.5078 | regular |
| Nov 29, 2024 | — | $0.5078 | regular |
| Aug 30, 2024 | — | $0.5078 | regular |
| May 31, 2024 | — | $0.5078 | regular |
| Feb 29, 2024 | — | $0.5078 | regular |
| Nov 30, 2023 | — | $0.5078 | regular |
| Aug 31, 2023 | — | $0.5078 | regular |
| May 31, 2023 | — | $0.5078 | regular |
| Feb 28, 2023 | — | $0.5078 | regular |
Income Calculator
At $2.03 / yr per share
