Pennymac Mortgage Trust (PMT) Declares $0.50 Quarterly Dividend; 11.5% Yield

Pennymac Mortgage Trust (NYSE: PMT) declared a quarterly dividend of $0.50 per share, or $2 annualized.

The dividend will be payable on November 30, 2011, to stockholders of record on November 16, 2011, with an ex-dividend date of November 14, 2011.

The annual yield on the dividend is 11.5 percent.

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