PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 09/20/23

2023-09-20 16:00:00 ET Summary The article discusses the performance and price-to-book ratios of several high yield REITs. Charts are provided to contrast current valuations, dividend yields, and the impact of changes in valuation during the last decade. Some of the most popul...

PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it has priced an underwritten public offering of $50,000,000 aggregate principal amount of its 8.50% Senior Notes due 2028 (the “Notes”). The Notes will be fully and unconditionally gua...

2023-09-18 09:37:41 ET More on PennyMac Mortgage Investment Trust Historical earnings data for PennyMac Mortgage Investment Trust Dividend scorecard for PennyMac Mortgage Investment Trust Financial information for PennyMac Mortgage Investment Trust PennyMac: ...

PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2028 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by PennyMac C...

2023-09-07 06:09:43 ET Summary Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Due to what has occurred during the third quarter of 2023 (fl...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2023 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Fina...

2023-09-03 09:00:00 ET Summary U.S. equity markets rallied for a second-straight week while benchmark interest rates retreated from multi-decade highs after employment data showed long-awaited cooling in the previously red-hot labor market. Rebounding from a three-week skid with b...

2023-08-31 17:54:01 ET Summary PennyMac Mortgage Trust caused confusion with their announcement on fixed-to-floating shares, requiring re-examination of these shares. Some REITs have stated they will use 3-month Term SOFR + 26.161 basis points as a substitute for 3-month LIBOR. ...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the third quarter of 2023. This dividend will be paid on October 27, 2023, to common shareholders of record as of October 13,...

2023-08-29 14:44:47 ET Summary PennyMac Mortgage has announced that its preferred securities will not transition to a floating rate and will remain pegged to existing fixed rates. The decision has sparked debate over the legality and interpretation of the LIBOR Act and prospectus ...