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PMT-P-A NOW TRADING POST CALL DATE

PennyMac Mortgage Investment Trust · Series A · REIT - Diversified
Also quoted as: PMT-A, PMTprA, PMT.PRA, PMT-PA, PMTpA
$22.52
last price

About this security

PMT-P-A is a 8.125% cumulative perpetual preferred stock issued by PennyMac Mortgage Investment Trust, a REIT - Diversified issuer. $25 liquidation preference, current yield 9.02%, callable from 2024-03-15.

PennyMac Mortgage Investment Trust: PennyMac Mortgage Investment Trust (NYSE: PMT) is a real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets, externally managed by PennyMac Financial Services, Inc. through its investment management subsidiary. The company operates through three segments — Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production — with activities spanning credit risk transfer agreements, mortgage servicing rights, and agency and non-agency mortgage-backed securities. Its Correspondent Production segment purchases, pools, and resells newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities. PMT was incorporated in 2009 and is headquartered in Westlake Village, California. ↗

Issuer page — all PennyMac Mortgage Investment Trust securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 23:41:59 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
9.02%
Annual Dividend
$2.0313
Recent Market Price
$22.52
as of 2026-06-17
Disc/Prem to Par (→ screen)
-9.92% (−$2.48)
Recent Ex-Date
2026-06-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
8.125%
Call Date
2024-03-15 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
9.02%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No — Limited change-of-control conversion
Floating Rate
3-mo LIBOR + 5.831%
Pay Dates
March 15, June 15, September 15, December 15
Shares Offered (original)
4,600,000 +690,000 OA
Issued
2017-03-09
Series
A
Alt. Symbology
PMT-A, PMTprA, PMT.PRA, PMT-PA, PMTpA

vs. REIT - Diversified category (121 issues): yield 9.02% vs avg 8.14% · discount -9.9% vs avg -13.8%

Quote

 PMT-P-A (preferred)PMT (common)
Last $22.52 $10.12
Change — —
Open$22.50$9.98
High / Low $22.58 / $22.50 $10.16 / $9.93
Prev Close——
Volume3,9971,231,503
52-Week High / Low $25.00 / $22.11 $13.81 / $9.83

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● PMT-P-A ● PMT (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$0.507813
2026-02-27$0.507813
2025-12-01$0.507813
2025-08-29$0.507813
2025-05-30$0.507813
2025-02-28$0.507813
2024-11-29$0.507813
2024-08-30$0.507813
2024-05-31$0.507813
2024-02-29$0.507813
2023-11-30$0.507813
2023-08-31$0.507813

Performance — $10K Calculator

See what an investment in PMT-P-A would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for PMT-P-A →

Prospectus (SEC 424B5)

We are offering to the public 4,600,000 of our 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share, which we refer to in this prospectus supplement as the Series A Preferred Shares.

Use of proceeds: Net proceeds are intended to be used for general business purposes, including the acquisition of mortgage-related assets consistent with the company's investment objectives.

Full Prospectus (SEC filing) →

Other Securities from PennyMac Mortgage Investment Trust

SymbolTypeCouponPriceYield
PMT-P-B preferred 8.000% 22.73 8.80%
PMT-P-C preferred 6.750% 17.97 9.39%

News — PennyMac Mortgage Investment Trust

Issuer news via Tiingo, tagged to PMT.

Related Articles

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Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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