Pennymac Mortgage Investment Trust’s 6.75% Series C preferred (PMT.PRC) traded yielding above 9.5%, implying an annualized dividend of $1.6875. Shares were seen as low as $17.73 during the session, suggesting a market pricing-in of elevated risk versus the coupon.
Pennymac Mortgage Investment Trust’s 6.75% Series C preferred (PMT.PRC) traded yielding above 9.5%, implying an annualized dividend of $1.6875. Shares were seen as low as $17.73 during the session, suggesting a market pricing-in of elevated risk versus the coupon.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment