Pennymac Mortgage Trust (PMT) Tops Q1 EPS by 26c

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PennyMac Mortgage Investment Trust Reports First Quarter 2019 Results

May 2, 2019 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $47.3 million, or $0.68 per common share on a diluted basis for the first quarter of 2019, on net investment income of $106.6million. PMT previously announced a cash dividend for the first quarter of 2019 of $0.47 per common share of beneficial interest, which was declared on March26, 2019, and paid on April 29, 2019 to common shareholders of record as of April 15, 2019.

First Quarter 2019 Highlights

Financial results:

Net income attributable to common shareholders of $47.3million, up... More