PMT Stock Recent News

VANCOUVER, BC , Jan. 21, 2025 /PRNewswire/ - January 22, 2025 – Sydney, Australia Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has closed its previously announced private placement for proceeds of C$69 million 1 or US$48 million (the "Strategic Investment") to Volkswagen Group ("Volkswagen" or "VW"). Following the closing of the Strategic Investment, Volkswagen now owns approximately 9.9% of Patriot's issued and outstanding Common Shares on a non-diluted basis.

High Yield REITs Whacked By Higher Rates

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2024, in a news release to be issued after the market close on Tuesday, October 22, 2024. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results. The release, webcast, and accompanying materials will be available online at pmt.pennymac.com. A replay of the webcast will be available shortly after.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the third quarter of 2024. This dividend will be paid on October 25, 2024, to common shareholders of record as of October 11, 2024. About PennyMac Mortgage Investment Trust PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in resi.

PMT's quarterly BV fluctuation was very minor, with a 1.0% variance. Net interest spread showed minor outperformance with a $0.02 variance. PMT's segments/sub-portfolios performed as expected, with slight underperformance in some areas.

VANCOUVER, BC , Sept. 12, 2024 /PRNewswire/ - September 13, 2024 – SYDNEY, Australia Patriot Battery Metals Inc. ("Patriot" or the "Company") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA), is pleased to announce that it has filed a National Instrument 43-101 Preliminary Economic Assessment Technical Report for its Shaakichiuwaanaan Project.

PennyMac Mortgage Investment Trust offers a double-digit dividend yield, with the potential to grow if rates drop. The dividend history, however, has been one of a decline. Its investment income is complex for an mREIT, drawing from loan flipping, servicing fees, credit risk transfers, and hedging.

PennyMac Mortgage Investment Trust is a mortgage REIT with 3 series of preferred shares. PMT-A and PMT-B are fixed-to-floating preferred shares, but PennyMac announced they are fixed-rate due to the LIBOR Act. The claim looks about as realistic as a 7th grader announcing all the models that were at his secret party last weekend.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC). In accordance with the terms for each preferred series, the dividend information is as follows: Series Ticker Annual Dividend Rate Dividend.