Pennymac Mortgage Trust (PMT) Declares $0.47 Quarterly Dividend; 11.5% Yield

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Go back to Pennymac Mortgage Trust (PMT) Declares $0.47 Quarterly Dividend; 11.5% Yield

PennyMac Mortgage Investment Trust Declares Third Quarter 2015 Dividend

September 21, 2015 7:15 PM EDT

MOORPARK, Calif.--(BUSINESS WIRE)-- The Board of Trustees of PennyMac Mortgage Investment Trust (NYSE: PMT) declared a cash dividend of $0.47 per common share of beneficial interest for the third quarter of 2015. This dividend will be paid on October 29, 2015 to common shareholders of record as of October 15, 2015.

PMT's objective is to distribute its income through quarterly dividends that reflect the earnings per share we expect from the present investment portfolio, said Stanford L. Kurland, PMT's Chairman and Chief Executive Officer. PMT is well positioned to continue investing in unique mortgage-related investments with differing interest... More