|Bid||17.50 x 800|
|Ask||21.45 x 900|
|Day's Range||17.60 - 18.02|
|52 Week Range||3.50 - 23.79|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||611.03|
|Earnings Date||Feb 04, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||1.60 (9.18%)|
|Ex-Dividend Date||Oct 14, 2020|
|1y Target Est||19.00|
PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the fourth quarter of 2020 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the "Series A Preferred Shares") (NYSE: PMT PrA) and its 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the "Series B Preferred Shares") (NYSE: PMT PrB).
Good afternoon, and welcome to the third-quarter 2020 earnings discussion for PennyMac Financial Services, Inc. The slides that accompany this discussion are available on PennyMac Financial's website at ir.pennymacfinancial.com. Now I'd like to begin by introducing David Spector, PennyMac Financial's president and chief executive officer who will review the company's third-quarter 2020 results. PennyMac Financial reported an increase in earnings from a record second quarter driven by higher income in both production and servicing.
PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $93.3 million, or $0.94 per common share on a diluted basis for the third quarter of 2020, on net investment income of $221.0 million. PMT previously announced a cash dividend for the third quarter of 2020 of $0.40 per common share of beneficial interest, which was declared on September 23, 2020 and paid on October 30, 2020 to common shareholders of record as of October 15, 2020.