Pennymac Mortgage Investment Trust's Series C Preferred Shares Crosses Above 8.5% Yield Territory
August 21, 2024 at 14:17 PM EDT
In trading on Wednesday, shares of Pennymac Mortgage Investment Trust's 6.75% Series C Cumulative Preferred Shares (PMT. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $19.85 on the day.
