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. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.
Frequently asked questions
What sector does PMTW (PMTW) operate in?
PMTW belongs to the Other sector and operates in the industry.
What is PMTW (PMTW) current stock price?
As of the latest data, PMTW stock price is $25.66, with a previous close of $25.64. PMTW gained $0.03 in the last trading session, representing a 0.1% increase.
Does PMTW (PMTW) pay dividends?
Yes. PMTW pays quarterly dividends with an annualized yield of 8.77% and an estimated annual payout of $2.25 per share.
When is the next ex-dividend date for PMTW (PMTW)?
The next ex-dividend date is scheduled for September 01, 2026.
What is PMTW (PMTW) beta (volatility) score?
PMTW has a beta of 1.118, meaning its volatility is roughly in line with the market.
