Pennymac Mortgage Trust (PMT) Tops Q2 EPS by $2.38

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PennyMac Mortgage Investment Trust Reports Second Quarter 2020 Results

August 6, 2020 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $458.4 million, or $4.51 per common share on a diluted basis for the second quarter of 2020, on net investment income of $558.3 million. PMT previously announced a cash dividend for the second quarter of 2020 of $0.40 per common share of beneficial interest, which was declared on June 19, 2020 and paid on July 30, 2020 to common shareholders of record as of July 15, 2020.

Second Quarter 2020 Highlights

Financial results:

Net income attributable to common... More