Pennymac Mortgage Investment Trust's Series B Preferred Shares Cross 8.5% Yield Mark

Pennymac Mortgage Investment Trust's 8.00% Series B preferred shares (PMT.PRB) were yielding above 8.5% based on an annualized quarterly dividend of $2.00. The article is a factual yield update with no new operating, earnings, or corporate action information. Market impact should be limited, as this is mainly a reference point for income-focused investors.

Analysis

Pennymac Mortgage Investment Trust's 8.00% Series B preferred shares (PMT.PRB) were yielding above 8.5% based on an annualized quarterly dividend of $2.00. The article is a factual yield update with no new operating, earnings, or corporate action information. Market impact should be limited, as this is mainly a reference point for income-focused investors.