Does PMT pay a dividend?

Yes. PennyMac Mortgage Investment Trust pays a quarterly dividend, currently yielding 16.93% based on trailing twelve-month payments of $1.60 per share.

How much does PMT pay in dividends?

$1.60 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next PMT ex-dividend date?

No upcoming ex-dividend date is currently on record for PMT. Dates appear here once the company declares them.

PMT Dividend

PennyMac Mortgage Investment Trust

NYSEReal EstateStockData as of August 12, 2026

Dividend yield: 16.93%
Annual dividend: $1.60
Payout ratio: 1.09
Frequency: Quarterly
Share price: $9.45
Market cap: $824M

Is PMT a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is far above the marketAt 16.93%, the yield is more than three times the median of 2.78% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
Paying out more than it earnsA payout ratio of 1.09 exceeds reported earnings, which is normal for a REIT: large depreciation charges push accounting earnings well below the cash the business actually collects. Analysts judge REIT dividends against funds from operations instead.
Dividend has been cut 5 timesAcross 16 complete years, the annual total fell in 2020, 2023, 2024 and earlier. The most recent reduction was in 2024.

PMT dividend history

Annual dividend per share, 2010 to 2025.

Peak $2.95 in 2014Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for PMT, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 9, 2026	July 24, 2026	$0.4000	Quarterly
April 9, 2026	April 24, 2026	$0.4000	Quarterly
December 26, 2025	January 23, 2026	$0.4000	Irregular
October 10, 2025	October 24, 2025	$0.4000	Quarterly
July 11, 2025	July 25, 2025	$0.4000	Quarterly
April 11, 2025	April 25, 2025	$0.4000	Quarterly
December 27, 2024	January 24, 2025	$0.3355	Irregular
October 11, 2024	October 25, 2024	$0.4000	Quarterly
July 12, 2024	July 26, 2024	$0.4000	Quarterly
April 11, 2024	April 26, 2024	$0.4000	Quarterly
December 28, 2023	January 26, 2024	$0.4000	Quarterly
October 12, 2023	October 27, 2023	$0.4000	Quarterly
July 13, 2023	July 28, 2023	$0.4000	Quarterly
April 13, 2023	April 28, 2023	$0.4000	Quarterly
December 29, 2022	January 27, 2023	$0.4000	Quarterly
October 13, 2022	October 28, 2022	$0.4700	Quarterly
July 13, 2022	July 28, 2022	$0.4700	Quarterly
April 13, 2022	April 28, 2022	$0.4700	Quarterly
December 30, 2021	January 31, 2022	$0.4700	Quarterly
October 14, 2021	October 28, 2021	$0.4700	Quarterly
July 14, 2021	July 29, 2021	$0.4700	Quarterly
April 14, 2021	April 29, 2021	$0.4700	Quarterly
December 30, 2020	January 29, 2021	$0.4700	Quarterly
October 14, 2020	October 30, 2020	$0.4000	Quarterly
July 14, 2020	July 30, 2020	$0.4000	Quarterly
April 14, 2020	April 30, 2020	$0.2500	Quarterly
December 30, 2019	January 30, 2020	$0.4700	Quarterly
October 10, 2019	October 30, 2019	$0.4700	Quarterly
July 12, 2019	July 30, 2019	$0.4700	Quarterly
April 12, 2019	April 29, 2019	$0.4700	Quarterly
December 28, 2018	January 28, 2019	$0.4700	Quarterly
October 12, 2018	October 30, 2018	$0.4700	Quarterly
July 12, 2018	July 30, 2018	$0.4700	Quarterly
April 12, 2018	April 27, 2018	$0.4700	Quarterly
December 28, 2017	January 26, 2018	$0.4700	Quarterly
October 12, 2017	October 30, 2017	$0.4700	Quarterly
July 11, 2017	July 27, 2017	$0.4700	Quarterly
April 11, 2017	April 27, 2017	$0.4700	Quarterly
December 28, 2016	January 27, 2017	$0.4700	Quarterly
October 5, 2016	October 27, 2016	$0.4700	Quarterly

How much would PMT pay you?

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Frequently asked questions

Does PMT pay a dividend?: Yes. PennyMac Mortgage Investment Trust pays a quarterly dividend, currently yielding 16.93% based on trailing twelve-month payments of $1.60 per share.
How much does PMT pay in dividends?: $1.60 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next PMT ex-dividend date?: No upcoming ex-dividend date is currently on record for PMT. Dates appear here once the company declares them.