PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 12/29/21

Preferred share opportunities pop up regularly. We called one out yesterday and we’ll mention another today. We’ve got two mortgage REITs that need neutral ratings following a massive share price beatdown. They didn’t plunge from dividend cuts, they were just ...

This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core earning...

Mortgage REIT indexes fell by more than 3% midday and closed down more than 2%. The drop, significantly larger than the dip for S&P 500, was not driven by fundamentals. Instead, there were a few factors coming into play. We see opportunities for investors to buy the dip, b...

PMT reported a loss in the third quarter. The company has a 10.66% dividend yield but its payout ratio is relatively stretched out. It trades 11% below its tangible book value but insiders are not buying. For further details see: PennyMac: Attractive Valuation But I Am N...

U.S. equity markets rebounded from a two-week skid as several significant market concerns - a potential economic slowdown from the Omicron variant and the debt-ceiling standoff - now appear likely to be avoided. Posting its best week of gains since early February and closing at fresh ...

Readers on Seeking Alpha are becoming more familiar with mortgage REITs. After a recent article, readers inquired about our take on several key points. Here are six things investors should know about investing in high-yield stocks. For further details see: 6 Quick Lesson...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of beneficial interest for the fourth quarter of 2021. This dividend will be paid on January 31, 2022, to common shareholders of record as of Dece...

Investors love high yields. Diversification helps, but better investments are even more important. Using two preferred shares we've seen higher yield and lower volatility than PFF. When big dividends come with bigger price changes, many investors hide from reality. For f...

Fannie Mae (OTCQB:FNMA) stock surged 26% and Freddie Mac (OTCQB:FMCC) jumped 25% after the Federal Housing Finance Agency, which oversees both government-sponsored enterprises, increases conforming loan limits in the U.S.'s highest cost areas to almost $1M. Fannie (OTCQB:FNMA) ...

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. My buy, sell, or hold recommendation, current BV projection (BV as of 11/19/2021), and updated p...