PMT Dividend History & Yield

PennyMac Mortgage Investment Trust · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$9.62
-0.21% today
as of Sep 8, 2026
TTM yield
16.63%
$1.60/share over the last 12 months
Forward yield
16.63%
$1.60/share indicated annual rate
Annual dividend
$1.60
per share, forward
Per payment
$0.40
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 8, 2026 Declared
in 30 days
Next pay date
Oct 23, 2026
in 45 days
Last ex-dividend date
Jul 9, 2026
$0.40 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
n/a
P/E 6.7
5y dividend CAGR
-2.4%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
16.1
since Aug 12, 2010
1y total return
-8.9%
price -21.9% + dividends 13.0%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 8, 2026 (in 30 days) Oct 23, 2026 $0.40 $40.00 Declared
Thu, Jan 7, 2027 (in 121 days) Jan 21, 2027 $0.40 $40.00 Estimated
Thu, Apr 8, 2027 (in 212 days) Apr 22, 2027 $0.40 $40.00 Estimated
Thu, Jul 8, 2027 (in 303 days) Jul 22, 2027 $0.40 $40.00 Estimated

Estimated dates and amounts are projected from PMT's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.60 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 5, 2016 to Jul 9, 2026; most recent $0.40$0.00$0.25$0.50Oct 5, 2016: $0.47Oct '16Dec 28, 2016: $0.47Apr 11, 2017: $0.47Jul 11, 2017: $0.47Oct 12, 2017: $0.47Dec 28, 2017: $0.47Dec '17Apr 12, 2018: $0.47Jul 12, 2018: $0.47Oct 12, 2018: $0.47Dec 28, 2018: $0.47Apr 12, 2019: $0.47Apr '19Jul 12, 2019: $0.47Oct 10, 2019: $0.47Dec 30, 2019: $0.47Apr 14, 2020: $0.25Jul 14, 2020: $0.40Jul '20Oct 14, 2020: $0.40Dec 30, 2020: $0.47Apr 14, 2021: $0.47Jul 14, 2021: $0.47Oct 14, 2021: $0.47Oct '21Dec 30, 2021: $0.47Apr 13, 2022: $0.47Jul 13, 2022: $0.47Oct 13, 2022: $0.47Dec 29, 2022: $0.40Dec '22Apr 13, 2023: $0.40Jul 13, 2023: $0.40Oct 12, 2023: $0.40Dec 28, 2023: $0.40Apr 11, 2024: $0.40Apr '24Jul 12, 2024: $0.40Oct 11, 2024: $0.40Dec 27, 2024: $0.40Apr 11, 2025: $0.40Jul 11, 2025: $0.40Jul '25Oct 10, 2025: $0.40Dec 26, 2025: $0.40Apr 9, 2026: $0.40Jul 9, 2026: $0.40

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $1.88$1.8820172018: $1.88$1.8820182019: $1.88$1.8820192020: $1.52$1.5220202021: $1.88$1.8820212022: $1.81$1.8120222023: $1.60$1.6020232024: $1.60$1.6020242025: $1.60$1.6020252026 (YTD): $0.80$0.802026 YTD

How much PMT do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month750$7,215$1,200
$500 / month3,750$36,075$6,000
$1,000 / month7,500$72,150$12,000

Based on the forward yield of 16.63%. $10,000 in PMT would currently pay about $1,663 a year ($139 a month on average). Model reinvestment and growth →

PMT dividend history

Show recent only
Ex-datePay dateAmountChange
Jul 9, 2026 $0.40 +0.0%
Apr 9, 2026 $0.40 +0.0%
Dec 26, 2025 $0.40 +0.0%
Oct 10, 2025 $0.40 +0.0%
Jul 11, 2025 $0.40 +0.0%
Apr 11, 2025 $0.40 +0.0%
Dec 27, 2024 $0.40 +0.0%
Oct 11, 2024 $0.40 +0.0%
Jul 12, 2024 $0.40 +0.0%
Apr 11, 2024 $0.40 +0.0%
Dec 28, 2023 $0.40 +0.0%
Oct 12, 2023 $0.40 +0.0%
Jul 13, 2023 $0.40 +0.0%
Apr 13, 2023 $0.40 +0.0%
Dec 29, 2022 $0.40 -14.9%
Oct 13, 2022 $0.47 +0.0%
Jul 13, 2022 $0.47 +0.0%
Apr 13, 2022 $0.47 +0.0%
Dec 30, 2021 $0.47 +0.0%
Oct 14, 2021 $0.47 +0.0%
Jul 14, 2021 $0.47 +0.0%
Apr 14, 2021 $0.47 +0.0%
Dec 30, 2020 $0.47 +17.5%
Oct 14, 2020 $0.40 +0.0%
Jul 14, 2020 $0.40 +60.0%
Apr 14, 2020 $0.25 -46.8%
Dec 30, 2019 $0.47 +0.0%
Oct 10, 2019 $0.47 +0.0%
Jul 12, 2019 $0.47 +0.0%
Apr 12, 2019 $0.47 +0.0%
Dec 28, 2018 $0.47 +0.0%
Oct 12, 2018 $0.47 +0.0%
Jul 12, 2018 $0.47 +0.0%
Apr 12, 2018 $0.47 +0.0%
Dec 28, 2017 $0.47 +0.0%
Oct 12, 2017 $0.47 +0.0%
Jul 11, 2017 $0.47 +0.0%
Apr 11, 2017 $0.47 +0.0%
Dec 28, 2016 $0.47 +0.0%
Oct 5, 2016 $0.47 +0.0%
Jul 12, 2016 $0.47 +0.0%
Apr 8, 2016 $0.47 +0.0%
Dec 23, 2015 $0.47 +0.0%
Oct 13, 2015 $0.47 -23.0%
Jul 14, 2015 $0.61 +0.0%
Apr 13, 2015 $0.61 +0.0%
Dec 26, 2014 $0.61 +0.0%
Oct 10, 2014 $0.61 +3.4%
Jul 11, 2014 $0.59 +0.0%
Apr 14, 2014 $0.59 +0.0%
Jan 8, 2014 $0.59 +3.5%
Nov 13, 2013 $0.57 +0.0%
Aug 15, 2013 $0.57 +0.0%
May 14, 2013 $0.57 +0.0%
Feb 19, 2013 $0.57 +0.0%
Nov 15, 2012 $0.57 +3.6%
Aug 14, 2012 $0.55 +0.0%
May 14, 2012 $0.55 +0.0%
Feb 15, 2012 $0.55 +10.0%
Nov 14, 2011 $0.50 +0.0%
Aug 12, 2011 $0.50 +19.0%
May 12, 2011 $0.42 +0.0%
Jan 10, 2011 $0.42 +0.0%
Nov 17, 2010 $0.42 +20.0%
Aug 12, 2010 $0.35

Payout risk check

Yield-trap heuristicElevated risk

PMT scores 50/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Aug 12, 2010. 65 payments tracked.

PMT dividend FAQ

When is PMT's next ex-dividend date?

PMT's next ex-dividend date is Oct 8, 2026 (in 30 days, declared by the company). You must own the shares before that date to receive the payment of about $0.40 per share, expected on Oct 23, 2026.

How often does PMT pay dividends?

PMT pays dividends every quarter, 4 times a year. The most recent payment was $0.40 per share with an ex-date of Jul 9, 2026.

What is PMT's dividend yield?

PMT's trailing 12-month dividend yield is 16.63%, based on $1.60 per share paid over the last year and a share price of $9.62. The forward yield, using the indicated annual rate of $1.60 per share, is 16.63%.

How much does PMT pay per share?

PMT pays about $0.40 per share each quarter, which works out to roughly $1.60 per share a year. 100 shares would collect about $160.00 a year.

Has PMT grown or cut its dividend?

Over the last 5 years the regular payout has shrunk at 2.4% a year (+0.0% over the last year). PMT did cut a regular payment within the last 5 years.

How many shares of PMT do I need to earn $100 a month?

At the current forward yield of 16.63%, you would need about 750 shares of PMT (roughly $7,215 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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