Preferred StocksAI-powered preferred stock research for income investors

← Back

PMT'B NOW TRADING POST CALL DATE

PennyMac Mortgage Investment Trust · Series B · REIT - Diversified
Also quoted as: PMT-B, PMTprB, PMT.PRB, PMT-PB, PMTpB
$22.42
last price

About this security

PMT'B is a 8% cumulative perpetual preferred stock issued by PennyMac Mortgage Investment Trust, a REIT - Diversified issuer. $25 liquidation preference, current yield 8.92%, callable from 2024-06-15.

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 08:41:40 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
8.92%
Annual Dividend
$2.0000
Recent Market Price
$22.42
as of 2026-07-31
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$2.58 (+11.5%)
Recent Ex-Date
2026-06-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
8.000%
Call Date
2024-06-15 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
8.92%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No — Limited change-of-control conversion
Floating Rate
3-mo LIBOR + 5.99%
Pay Dates
March 15, June 15, September 15, December 15
Shares Offered (original)
7,000,000 +1,050,000 OA
Issued
2017-07-05
Series
B
Alt. Symbology
PMT-B, PMTprB, PMT.PRB, PMT-PB, PMTpB

vs. REIT - Diversified category (121 issues): yield 8.92% vs avg 8.16% · discount -10.3% vs avg -14.1%

Quote

 PMT'B (preferred)PMT (common)
Last $22.42 $10.12
Change
Open$22.48$9.98
High / Low $22.48 / $22.35 $10.16 / $9.93
Prev Close
Volume13,0901,231,503
52-Week High / Low $24.92 / $21.95 $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'B PMT (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$0.500000
2026-02-27$0.500000
2025-12-01$0.500000
2025-08-29$0.500000
2025-05-30$0.500000
2025-02-28$0.500000
2024-11-29$0.500000
2024-08-30$0.500000
2024-05-31$0.500000
2024-02-29$0.500000
2023-11-30$0.500000
2023-08-31$0.500000

Performance — $10K Calculator

See what an investment in PMT'B 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'B →

Prospectus (SEC 424B5)

We are offering to the public 7,000,000 of our 8.00% Series B 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 B Preferred Shares. This is an original issuance of the Series B Preferred Shares.

Full Prospectus (SEC filing) →

Other Securities from PennyMac Mortgage Investment Trust

SymbolTypeCouponPriceYield
PMT'A preferred 8.125% 22.24 9.13%
PMT'C preferred 6.750% 18.15 9.30%

News — PennyMac Mortgage Investment Trust

Issuer news via Tiingo — filtered to stories about PMT.

Related Articles

Loading…

★ Save your favorites

No password needed — just your email. We'll remember the preferreds you star so they're waiting when you come back. Next time, enter the same email to pull up your whole list anywhere.

💬 Ask the data
Preferred Stock Assistant
Ask me anything — e.g. "highest-yield monthly REIT preferred under par" or "what if I'd put $10k in SACH-P-A in 2022?"
Theme Original Apex Nova Aurora Lumen Brutalist