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PennyMac Mortgage Investment Trust Declares Fourth Quarter 2020 Dividend for Its Common Shares
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2020 Dividend for Its Common Shares PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of beneficial interest for the fourth quarter of 2020. This dividend will be paid on January 29, 2021, to common shareholders of record as of December 31, 2020. President and CEO David Spector commented, I am pleased that PMTs dividend has returned to pre-COVID levels. While PMTs run-rate GAAP expectations remain above $0.47, we continue to seek to set a consistent dividend level for our common shares which, combined with our preferred shares, reflects our expectation for ongoing taxable income, which has increased since the third quarter.
PennyMac Mortgage Investment Trust Announces Promotions of Executive Officers – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
PennyMac Mortgage Investment Trust Announces Promotions of Executive Officers
PennyMac Mortgage Investment Trust Announces Promotions of Executive Officers PennyMac Mortgage Investment Trust (NYSE: PMT) today announced changes in the roles of certain of its executive officers in conjunction with organizational changes announced today by PennyMac Financial Services, Inc. (NYSE: PFSI), PMTs manager and service provider. Andrew S. Chang, currently Senior Managing Director and Chief Financial Officer, will assume the new role of Senior Managing Director and Chief Operating Officer. Daniel S. Perotti, currently Senior Managing Director and Deputy Chief Financial Officer, will become Senior Managing Director and Chief Financial Officer.