Pennymac Mortgage Trust (PMT) Tops Q4 EPS by 14c

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Go back to Pennymac Mortgage Trust (PMT) Tops Q4 EPS by 14c

PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2018 Results

February 7, 2019 4:30 PM EST

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $35.4 million, or $0.55 per common share on a diluted basis for the fourth quarter of 2018, on net investment income of $83.9million. PMT previously announced a cash dividend for the fourth quarter of 2018 of $0.47 per common share of beneficial interest, which was declared on December21, 2018, and paid on January 28, 2019.

Fourth Quarter 2018 Highlights

Financial results:

Net income attributable to common shareholders of $35.4million, down from $40.3 million in the prior quarter... More