PMT Dividend History & Analysis | 13.2% Yield

PMT has a dividend yield of 13.2% and paid 1.6 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 13.22%
Payout Ratio 139.1%
Growth Rate CAGR 5y -4%
Consistency Lifetime 93.1%
Yield on Cost 5y 14.8%
Payout FCF -
Streak Years 2
Dividend Rating 38.2%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
DX 2,797 M 17.06% 19.35%
MFA 965 M 15.36% 15.89%
AGNC 11,720 M 14.25% 16.39%
NLY 15,850 M 13.62% 14.48%
EFC 1,692 M 12.03% 16.36%
Top 3 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DX 2,797 M 6.14% 66.2%
LADR 1,293 M 3.56% 88.9%
TRTX 637 M 0.26% 93.4%
PMT Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-04-09 2026-04-09 2026-04-24 Quarterly 0.4 0% 3.47%
2025-12-26 2025-12-26 2026-01-23 Quarterly 0.4 0% 3.18%
2025-10-10 2025-10-10 2025-10-24 Quarterly 0.4 0% 3.36%
2025-07-11 2025-07-11 2025-07-25 Quarterly 0.4 0% 3.16%
2025-04-11 2025-04-11 2025-04-25 Quarterly 0.4 0% 3.27%
2024-12-27 2024-12-27 2025-01-24 Quarterly 0.4 0% 3.21%
2024-10-11 2024-10-11 2024-10-25 Quarterly 0.4 0% 2.89%
2024-07-12 2024-07-12 2024-07-26 Quarterly 0.4 0% 2.79%
2024-04-11 2024-04-12 2024-04-26 Quarterly 0.4 0% 2.93%
2023-12-28 2023-12-29 2024-01-26 Quarterly 0.4 0% 2.6%
2023-10-12 2023-10-13 2023-10-27 Quarterly 0.4 0% 3.37%
2023-07-13 2023-07-14 2023-07-28 Quarterly 0.4 0% 2.99%
2023-04-13 2023-04-14 2023-04-28 Quarterly 0.4 0% 3.35%
2022-12-29 2022-12-30 2023-01-27 Quarterly 0.4 -14.9% 3.25%
2022-10-13 2022-10-14 2022-10-28 Quarterly 0.47 0% 4.27%
2022-07-13 2022-07-14 2022-07-28 Quarterly 0.47 0% 3.4%
2022-04-13 2022-04-15 2022-04-28 Quarterly 0.47 0% 3.05%
2021-12-30 2021-12-31 2022-01-31 Quarterly 0.47 0% 2.7%
2021-10-14 2021-10-15 2021-10-28 Quarterly 0.47 0% 2.33%
2021-07-14 2021-07-15 2021-07-29 Quarterly 0.47 0% 2.34%
2021-04-14 2021-04-15 2021-04-29 Quarterly 0.47 0% N/A
2020-12-30 2020-12-31 2021-01-29 Quarterly 0.47 +17.5% N/A
2020-10-14 2020-10-15 2020-10-30 Quarterly 0.4 0% N/A
2020-07-14 2020-07-15 2020-07-30 Quarterly 0.4 +60% N/A
2020-04-14 2020-04-15 2020-04-30 Quarterly 0.25 -46.8% N/A
2019-12-30 2019-12-31 2020-01-30 Quarterly 0.47 0% N/A
2019-10-10 2019-10-14 2019-10-30 Quarterly 0.47 0% N/A
2019-07-12 2019-07-15 2019-07-30 Quarterly 0.47 0% N/A
2019-04-12 2019-04-15 2019-04-29 Quarterly 0.47 0% N/A
2018-12-28 2018-12-31 2019-01-28 Quarterly 0.47 0% N/A
2018-10-12 2018-10-15 2018-10-30 Quarterly 0.47 0% N/A
2018-07-12 2018-07-13 2018-07-30 Quarterly 0.47 0% N/A
2018-04-12 2018-04-13 2018-04-27 Quarterly 0.47 0% N/A
2017-12-28 2017-12-29 2018-01-26 Quarterly 0.47 0% N/A
2017-10-12 2017-10-13 2017-10-30 Quarterly 0.47 0% N/A
2017-07-11 2017-07-13 2017-07-27 Quarterly 0.47 0% N/A
2017-04-11 2017-04-13 2017-04-27 Quarterly 0.47 0% N/A
2016-12-28 2016-12-30 2017-01-27 Quarterly 0.47 0% N/A
2016-10-05 2016-10-07 2016-10-27 Quarterly 0.47 0% N/A
2016-07-12 2016-07-14 2016-07-28 Quarterly 0.47 0% N/A
2016-04-08 2016-04-12 2016-04-28 Quarterly 0.47 0% N/A
2015-12-23 2015-12-28 2016-01-28 Quarterly 0.47 0% N/A
2015-10-13 2015-10-15 2015-10-29 Quarterly 0.47 -23% N/A
2015-07-14 2015-07-16 2015-07-30 Quarterly 0.61 0% N/A
2015-04-13 2015-04-15 2015-04-29 Quarterly 0.61 0% N/A
2014-12-26 2014-12-30 2015-01-16 Quarterly 0.61 0% N/A
2014-10-10 2014-10-15 2014-10-30 Quarterly 0.61 +3.4% N/A
2014-07-11 2014-07-15 2014-07-30 Quarterly 0.59 0% N/A
2014-04-14 2014-04-16 2014-04-30 Quarterly 0.59 0% N/A
2014-01-08 2014-01-10 2014-01-28 Quarterly 0.59 0% N/A

PMT Dividend FAQ

What is the Dividend Yield of PMT?

As of May 2026, PMT's dividend yield is 13.22%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.60 USD by the current share price of 10.48.

Does PMT pay a dividend?

As of May 2026, PMT paid a dividend of 1.60 USD in the last 12 months. The last dividend was paid on 2026-04-09 and the payout was 0.4 USD.

How often does PMT pay dividends?

PMT pays dividends quarterly. Over the last 12 months, PMT has issued 4 dividend payments. The last dividend payment was made on 2026-04-09.

PMT dividend forecast

Based on historical data, the forecasted dividends per share for PMT for the next payments are between 0.378 (-5.5%) and 0.4 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 14.9%.

Will PMT pay dividends in 2026?

The latest dividend paid per share was 0.4 USD with an Ex-Dividend Date of 2026-04-09. The next Ex-Dividend date for PennyMac Mortgage (PMT) is currently unknown.

What is the next Ex-Dividend Date for PMT?

The next Ex-Dividend date for PennyMac Mortgage (PMT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PMT?

PMT's average dividend growth rate over the past 5 years is -3.95% per year. Negative growth: PMT's dividend growth is negative and declining.

What is the Yield on Cost of PMT?

PMT's 5-Year Yield on Cost is 14.8%. If you bought PMT's shares at 10.82 USD five years ago, your current annual dividend income (1.60 USD per share, trailing 12 months) equals 14.8% of your original purchase price.

What is the Payout Consistency of PMT?

PMT Payout Consistency is 93.1%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: PennyMac Mortgage has a strong track record of consistent dividend payments over its lifetime.

Does PMT have a good Dividend Yield?

PMT's 13.22% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of PMT?

The Dividend Payout Ratio of PMT is 139.1%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of PMT?

PMT's Overall Dividend Rating is 38.18%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PMT Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in PMT's Outstanding Shares?

PennyMac Mortgage's outstanding shares have decreased by approximately 10.22% annually over the past 3 years (Trend Reliability: 18.0%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has PMT ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2009 16,735,300 0%
2010 17,105,300 +2.21%
2011 28,233,000 +65.05%
2012 59,338,000 +110.17%
2013 79,214,000 +33.5%
2014 82,996,000 +4.77%
2015 73,767,000 -11.12%
2016 75,181,000 +1.92%
2017 72,952,000 -2.96%
2018 69,418,000 -4.84%
2019 101,865,000 +46.74%
2020 98,534,000 -3.27%
2021 96,306,000 -2.26%
2022 89,096,000 -7.49%
2023 110,987,000 +24.57%
2024 86,815,000 -21.78%
2025 87,017,000 +0.23%
2026 87,082,000 +0.07%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-26 02:53 UTC