PMT Dividend History & Analysis | 13.1% Yield

PMT has a dividend yield of 13.1% and paid 1.6 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 13.05%
Payout Ratio 1.6%
Growth Rate CAGR 5y -3.95%
Consistency Lifetime 93.1%
Yield on Cost 5y 15.67%
Payout FCF -
Streak Years 16
Dividend Rating 41.90%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
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.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 1.8%
Total Return 5y: 19.7%

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DX 2,796 M 15.6% 20.2%
MFA 990 M 15.1% 17.2%
AGNC 12,671 M 14.7% 17.2%
NLY 16,267 M 13.8% 15.7%
EFC 1,578 M 11.8% 18.1%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
MFA 990 M 39.1% 86.6%
NLY 16,267 M 33.6% 88.5%
IVR 617 M 40.9% 84.4%
ARR 1,959 M 24.5% 81.7%
TWO 1,251 M 24.4% 85.8%

Quality Dividend Peers in Mortgage REITs

NLY
Annaly Capital
 13.76% Yield

PMT Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 2.35%
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 3.5% N/A
2013-11-13 2013-11-15 2013-11-29 Quarterly 0.57 0% N/A

PMT Dividend FAQ

PennyMac Mortgage Investment Trust (PMT) is a U.S. REIT that, through its subsidiary, invests primarily in residential mortgage-related assets. Its operations are divided into three strategic segments: Credit Sensitive Strategies (investing in credit risk transfer agreements and subordinate MBS), Interest Rate Sensitive Strategies (holding mortgage servicing rights, base and excess servicing spreads, agency and senior non-agency MBS, plus hedging interest-rate exposure), and Correspondent Production (originating, pooling, and selling newly originated prime loans, largely to government-sponsored enterprises).

What is the Dividend Yield of PMT?

As of February 2026, PMT`s dividend yield is 13.05%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.60 USD by the current share price of 12.22.

Does PMT pay a dividend?

As of February 2026, PMT paid a dividend of 1.60 USD in the last 12 months. The last dividend was paid on 2025-12-26 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 2025-12-26.

PMT dividend forecast

Based on historical data, the forecasted dividends per share for PMT for the next 4 payments are between 0.371 (-7.3%) and 0.382 (-4.5%).
This indicates a moderate dividend reduction compared to the last payment.

Will PMT pay dividends in 2026?

The latest dividend paid per share was 0.4 USD with an Ex-Dividend Date of 2025-12-26. 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 15.7%. If you bought PMT's shares at 10.21 USD five years ago, your current annual dividend income (1.60 USD per share, trailing 12 months) equals 15.7% 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 13.05% 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 1.6%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of PMT?

PMT`s Overall Dividend Rating is 41.90%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PMT Outstanding Shares Analysis

What is the Trend in PMT's Outstanding Shares?

PennyMac Mortgage's outstanding shares have decreased by approximately 2.22% annually over the past 3 years (Trend Reliability: -33.3%).

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
2011 27,000,000
2012 44,000,000 +62.96%
2013 69,000,000 +56.82%
2014 82,000,000 +18.84%
2015 83,000,000 +1.22%
2016 77,000,000 -7.23%
2017 75,000,000 -2.6%
2018 69,000,000 -8%
2019 88,000,000 +27.54%
2020 99,000,000 +12.5%
2021 97,000,000 -2.02%
2022 91,000,000 -6.19%
2023 112,000,000 +23.08%
2024 87,000,000 -22.32%

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: 2026-01-30 14:21