PennyMac Mortgage Investment Trust (PMT) Dividend History
Income profile from 2010 to 2026 with payout safety and yield-on-cost trend
PMT Dividend Income Check
Safety
1.1% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 9.4% and trend is rising.
PMT Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PMT Income Growth Story
Dividend per share and yield on cost over time (17 years of payments)
PMT Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
PennyMac Mortgage Investment Trust distributes 1.1% of earnings as dividends (Sustainable).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
PMT has raised its dividend for 1 consecutive year, with a 3-year CAGR of -4.0% and 5-year CAGR of 1.0%.
Total Shareholder Returns
Beyond cash dividends, PMT returns capital through share repurchases. The combined picture: 13.2% dividend yield, 0.1% buyback yield, 13.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 9.4% and is currently rising. The 5-year total return is 1.7%, with dividends contributing 41.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $22,183 today.
PMT Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 9, 2026Latest | $0.4000 | — | 13.79% | Apr 24, 2026 |
| Dec 26, 2025 | $0.4000 | — | 12.77% | Jan 23, 2026 |
| Oct 10, 2025 | $0.4000 | — | 13.05% | Oct 24, 2025 |
| Jul 11, 2025 | $0.4000 | — | 12.20% | Jul 25, 2025 |
| Apr 11, 2025 | $0.4000 | ↑ +19.2% | 12.60% | Apr 25, 2025 |
| Dec 27, 2024 | $0.3355 | ↓ -16.1% | 12.23% | Jan 24, 2025 |
| Oct 11, 2024 | $0.4000 | — | 11.49% | Oct 25, 2024 |
| Jul 12, 2024 | $0.4000 | — | 11.16% | Jul 26, 2024 |
PMT Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $1.1B | 13.2% | 1.1% | 1 | Sustainable | |
2nd | $975M | 18.7% | 1.1% | 1 | Sustainable |
| $251M | 9.9% | 50.3% | 1 | Sustainable | |
3rd | $180M | 17.1% | 3.4% | 0 | Sustainable |
| $1.1B | 7.5% | 37.3% | 0 | Sustainable | |
1st | $577M | 20.1% | 1.1% | 0 | Sustainable |
| $1.3B | 14.1% | 1.3% | 0 | Sustainable | |
| $66M | 15.6% | — | 0 | Unknown | |
| $9.6B | 14.7% | 1.4% | 0 | Sustainable |
PMT Annual Dividend History (2010–2026)
17 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.40 | — | 1 | — | — | — | 2.3% |
| 2025 | $1.60 | 4.2% | 4 | $0.99 | 161.6% | 0.62x | 9.4% |
| 2024 | $1.54 | -4.0% | 4 | $1.37 | 112.1% | 0.89x | 9.0% |
| 2023 | $1.60 | -11.6% | 4 | $1.63 | 98.2% | 1.02x | 9.4% |
| 2022 | $1.81 | -3.7% | 4 | $-1.26 | — | — | 10.6% |
| 2021 | $1.88 | 23.7% | 4 | $0.26 | 723.1% | 0.14x | 11.0% |
| 2020 | $1.52 | -19.1% | 4 | $0.27 | 563.0% | 0.18x | 8.9% |
| 2019 | $1.88 | 0.0% | 4 | $2.42 | 77.7% | 1.29x | 11.0% |
| 2018 | $1.88 | 0.0% | 4 | $2.20 | 85.5% | 1.17x | 11.0% |
| 2017 | $1.88 | 0.0% | 4 | $1.48 | 127.0% | 0.79x | 11.0% |
See PMT's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonPMT — Frequently Asked Questions
Quick answers to the most common questions about buying PMT stock.
How much dividend does PMT pay per share?
PennyMac Mortgage Investment Trust (PMT) pays a trailing 12-month dividend of $1.60 per share, with a current dividend yield of +13.2%. Payments are made Annual.
When is PMT's next ex-dividend date?
PMT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PMT typically pays dividends Annual.
Is PMT's dividend safe?
PMT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.1% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has PMT increased its dividend?
PMT has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +1.0%.
How often does PMT pay dividends?
PennyMac Mortgage Investment Trust pays dividends Annual. The trailing 12-month total is $1.60 per share. Dividend data on this page covers 16+ years from 2010 to 2026.
How much would $10,000 invested in PMT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PMT five years ago would be worth approximately $10,172 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PMT's yield on cost for long-term holders?
PMT's yield on cost — the current dividend divided by the original purchase price — is +9.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +13.2% market yield, thanks to consistent dividend growth.