PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT)
13.51
0.00 (0.00%)
Pennymac Mortgage Investment Trust is a publicly traded company that operates in the mortgage investment sector, primarily focusing on acquiring, managing, and financing mortgage loans and mortgage-related assets
The firm invests in a diverse portfolio of residential mortgage loans, mortgage-backed securities, and other related financial instruments, aiming to generate long-term, stable income for its investors. By leveraging its expertise in mortgage markets, Pennymac engages in strategic practices to navigate market fluctuations and maximize returns, while also providing liquidity to the housing finance system. The company is dedicated to efficiently managing its capital and risk to optimize performance in the evolving mortgage landscape.
PennyMac Mortgage Investment Trust (NYSEPMT) (the “Company” or “PMT”) today announced that it has priced an underwritten public offering of $150,000,000 aggregate principal amount of its 9.00% Senior Notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by PennyMac Corp. (“PMC”), an indirect wholly-owned subsidiary of the Company. The Notes will be issued in minimum denominations and integral multiples of $25.00. The Company has granted to the underwriters a 30-day over-allotment option to purchase up to an additional $22,500,000 aggregate principal amount of the Notes at the public offering price, less the underwriting discount. The Company intends to use the net proceeds from the offering to fund its business and investment activities, which may include: the investment in subordinated bonds from its private-label securitization activities and other mortgage-related securities, the acquisition of mortgage servicing rights; funding the Company’s correspondent lending business, including the purchase of Agency-eligible residential mortgage loans; repayment of other indebtedness, which may include the repurchase or repayment of a portion of PMC’s 5.50% exchangeable senior notes due 2026, or secured financing; and for other general business purposes. Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, UBS Investment Bank, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc. and Piper Sandler & Co. are serving as joint book-running managers for the offering.
PennyMac Mortgage Investment Trust (NYSEPMT) (the “Company” or “PMT”) today announced that it is commencing an underwritten public offering of senior notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by PennyMac Corp. (“PMC”), an indirect wholly-owned subsidiary of the Company. The Company intends to use the net proceeds from the offering to fund its business and investment activities, which may include: the investment in subordinated bonds from its private-label securitization activities and other mortgage-related securities, the acquisition of mortgage servicing rights; funding the Company’s correspondent lending business, including the purchase of Agency-eligible residential mortgage loans; repayment of other indebtedness, which may include the repurchase or repayment of a portion of PMC’s 5.50% exchangeable senior notes due 2026, or secured financing; and for other general business purposes. The interest rate and other terms of the Notes will be determined at the time of pricing the offering. Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, UBS Investment Bank, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc. and Piper Sandler & Co. are serving as joint book-running managers for the offering.
PennyMac Mortgage Investment Trust (NYSEPMT) today reported net income attributable to common shareholders of $36.1 million, or $0.41 per common share on a diluted basis for the fourth quarter of 2024, on net investment income of $107.9 million. PMT previously announced a cash dividend for the fourth quarter of 2024 of $0.40 per common share of beneficial interest, which was declared on December 13, 2024, and paid on January 24, 2025, to common shareholders of record as of December 27, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) will announce results for the quarter and year ended December 31, 2024, in a news release to be issued after the market close on Thursday, January 30, 2025. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results.
PennyMac Mortgage Investment Trust (NYSEPMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the fourth quarter of 2024. This dividend will be paid on January 24, 2025, to common shareholders of record as of December 27, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) announced today that its Board of Trustees has declared cash dividends for the fourth quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC).
PennyMac Mortgage Investment Trust (NYSEPMT) today reported net income attributable to common shareholders of $31.0 million, or $0.36 per common share on a diluted basis for the third quarter of 2024, on net investment income of $80.9 million. PMT previously announced a cash dividend for the third quarter of 2024 of $0.40 per common share of beneficial interest, which was declared on September 19, 2024, and will be paid on October 25, 2024, to common shareholders of record as of October 11, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) will announce results for the quarter ended September 30, 2024, in a news release to be issued after the market close on Tuesday, October 22, 2024. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results.
PennyMac Mortgage Investment Trust (NYSEPMT) 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 2024. This dividend will be paid on October 25, 2024, to common shareholders of record as of October 11, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC).
PennyMac Mortgage Investment Trust (NYSEPMT) today reported net income attributable to common shareholders of $15.0 million, or $0.17 per common share on a diluted basis for the second quarter of 2024, on net investment income of $71.2 million. PMT previously announced a cash dividend for the second quarter of 2024 of $0.40 per common share of beneficial interest, which was declared on June 13, 2024, and will be paid on July 26, 2024, to common shareholders of record as of July 12, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) will announce results for the quarter ended June 30, 2024, in a news release to be issued after the market close on Tuesday, July 23, 2024. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results.
PennyMac Mortgage Investment Trust (NYSEPMT) announced today the pricing of a private offering of secured term notes (the “Notes”) in an aggregate principal amount of $355 million issued by the Company’s indirect subsidiary, PMT ISSUER TRUST – FMSR. The Notes mature on December 27, 2027 and were priced at SOFR + 2.75%. The majority of the Notes were placed with funds and accounts managed by PGIM Fixed Income, a Prudential Financial NYSE: PRUNYSEPRU)
PennyMac Mortgage Investment Trust (NYSEPMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the second quarter of 2024. This dividend will be paid on July 26, 2024, to common shareholders of record as of July 12, 2024.
PennyMac Mortgage Investment Trust (NYSEPMT) announced today that SiSi Pouraghabagher, an experienced financial services leader, has joined its Board of Trustees.
