On Thursday, Pennymac Mortgage Investment Trust’s 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) were yielding above 9%, based on its quarterly dividend, which is annualized to $2.0313. Shares were traded as low as $22.17. This is compared to the average yield of 8.35% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, PMT.PRA was trading at an 8.32% discount to its liquidation preference amount, versus the average discount of 19.62% in the “Real Estate” category.
See the dividend history chart for PMT.PRA for historical dividend payments on Pennymac Mortgage Investment Trust’s 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest:
On Thursday, Pennymac Mortgage Investment Trust’s 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) is currently traded down by about 0.4% on the day, while the common shares (Symbol: PMT) are up approximately 2.2%.
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