PennyMac Mortgage Investment Trust ( PMT ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.47 per share is scheduled to be paid on January 28, 2019. Shareholders who purchased PMT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that PMT has paid the same dividend. At the current stock price of $19.13, the dividend yield is 9.83%.
The previous trading day's last sale of PMT was $19.13, representing a -10.4% decrease from the 52 week high of $21.35 and a 23.9% increase over the 52 week low of $15.44.
PMT is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). PMT's current earnings per share, an indicator of a company's profitability, is $1.94. Zacks Investment Research reports PMT's forecasted earnings growth in 2018 as 33.46%, compared to an industry average of -2.6%.
Interested in gaining exposure to PMT through an Exchange Traded Fund [ETF]?
The following ETF(s) have PMT as a top-10 holding:
- Invesco KBW High Dividend Yield Financial ETF ( KBWD )
- First Trust Multi-Asset Diversified Income Index Fund ( MDIV ).
The top-performing ETF of this group is MDIV with an decrease of -10.58% over the last 100 days. KBWD has the highest percent weighting of PMT at 4.22%.