PennyMac Mortgage Investment Trust ( PMT ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.47 per share is scheduled to be paid on January 27, 2017. Shareholders who purchased PMT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that PMT has paid the same dividend. At the current stock price of $16.8, the dividend yield is 11.19%.
The previous trading day's last sale of PMT was $16.8, representing a -3.34% decrease from the 52 week high of $17.38 and a 53.99% increase over the 52 week low of $10.91.
PMT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). PMT's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports PMT's forecasted earnings growth in 2016 as -10.06%, compared to an industry average of 1.1%.
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