Pennymac Financial Services (PFSI) Declares $0.20 Quarterly Dividend; 1.2% Yield

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PennyMac Financial Services, Inc. Reports First Quarter 2023 Results

April 27, 2023 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $30.4 million for the first quarter of 2023, or $0.57 per share on a diluted basis, on revenue of $302.9 million. Book value per share decreased to $68.91 from $69.44 at December 31, 2022.

PFSIs Board of Directors declared a first quarter cash dividend of $0.20 per share, payable on May 26, 2023, to common stockholders of record as of May 16, 2023. 

First Quarter 2023 Highlights

Pretax income was $38.1 million, down 44 percent from the prior quarter and 84 percent from the... More

PennyMac Mortgage Investment Trust Reports First Quarter 2023 Results

April 27, 2023 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a diluted basis for the first quarter of 2023, on net investment income of $90.4 million. PMT previously announced a cash dividend for the first quarter of 2023 of $0.40 per common share of beneficial interest, which was declared on March 15, 2023, and will be paid on April 28, 2023, to common shareholders of record as of April 14, 2023.

First Quarter 2023 Highlights

Financial results:

Net income... More