PMT Dividend History & Analysis | 14% Yield
PMT has a dividend yield of 14% and paid 1.6 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.
Top Dividend Payers in Mortgage REITs
| SYMBOL | MARKET CAP USD | YIELD TTM | YIELD ON COST 5y |
|---|---|---|---|
| DX NYSE Dynex Capital |
3,234 M | 15.52% | 22.18% |
| AGNC NASDAQ AGNC Investment |
12,910 M | 13.73% | 17.57% |
| NLY NYSE Annaly Capital Management |
17,456 M | 13.33% | 16.12% |
| EFC NYSE Ellington Financial |
1,800 M | 11.86% | 15.63% |
| TRTX NYSE TPG RE Finance Trust |
606 M | 11.46% | 13.63% |
| ADAM NASDAQ New York Mortgage Trust |
893 M | 12.84% | 10.38% |
| STWD NYSE Starwood Property Trust |
6,289 M | 10.85% | 12.11% |
| LADR NYSE Ladder Capital |
1,259 M | 8.82% | 12.36% |
| SYMBOL | MARKET CAP USD | GROWTH RATE | CONSISTENCY |
|---|---|---|---|
| DX NYSE Dynex Capital |
3,234 M | 8.35% | 98.0% |
| LADR NYSE Ladder Capital |
1,259 M | 1.77% | 98.3% |
PMT Dividend History
Dividend Monthly Return EX date, 4.8 years of data
Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.
| EX-DATE | RECORD | PAYMENT | PERIOD | DIV/SHARE | GROWTH | PAYOUT YIELD |
|---|---|---|---|---|---|---|
| 2026-07-09 | 2026-07-09 | 2026-07-24 | Quarterly | 0.4 | 0% | 3.99% |
| 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% |
PMT Dividend FAQ
As of August 2026, PMT's dividend yield is 14.00%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.60 USD by the current share price of 9.23.
As of August 2026, PMT paid a dividend of 1.60 USD in the last 12 months. The last dividend was paid on 2026-07-09 and the payout was 0.4 USD.
PMT pays dividends quarterly. Over the last 12 months, PMT has issued 4 dividend payments. The last dividend payment was made on 2026-07-09.
Based on historical data, the forecasted dividends per share for PMT for the next payments are between 0.391 (-2.3%) and 0.4 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 17.2%.
The latest dividend paid per share was 0.4 USD with an Ex-Dividend Date of 2026-07-09. The next Ex-Dividend date for PennyMac Mortgage (PMT) is currently unknown.
The next Ex-Dividend date for PennyMac Mortgage (PMT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.
PMT's average dividend growth rate over the past 5 years is -3.62% per year. Negative growth: PMT's dividend growth is negative and declining.
PMT's 5-Year Yield on Cost is 15.5%. If you bought PMT's shares at 10.29 USD five years ago, your current annual dividend income (1.60 USD per share, trailing 12 months) equals 15.5% of your original purchase price.
PMT Payout Consistency is 95.7%. 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.
PMT's 14.00% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.
The Dividend Payout Ratio of PMT is 112.7%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.
PMT's Overall Dividend Rating is 39.52%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.
PMT Outstanding Shares Analysis
Key Metric Definitions
Annual dividend per share divided by current share price.
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Compound annual growth rate of dividends over the last 5 years.
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Proprietary score (0-100) combining yield, growth, safety and consistency.
Last update: 2026-08-15 02:43 UTC