PennyMac Mortgage Investment Trust Declares Second Quarter 2019 Dividends for Its Preferred Shares
PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the second quarter of 2019 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series A Preferred Shares”) (NYSE: PMT PrA) and its 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series B Preferred Shares”) (NYSE: PMT PrB).
In accordance with the terms for each preferred series, the dividend information is as follows:
Series |
Ticker |
Annual Dividend Rate |
Dividend Per Share |
Record Date |
Payment Date |
|||||||||||||||||
A | PMT PrA | 8.125 | % | $ | 0.507813 | June 1, 2019 | June 17, 2019 | |||||||||||||||
B | PMT PrB | 8.000 | % | $ | 0.500000 | June 1, 2019 | June 17, 2019 | |||||||||||||||
About PennyMac Mortgage Investment Trust
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PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). Additional information about PennyMac Mortgage Investment Trust is available at www.PennyMac-REIT.com.