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In trading on Wednesday, shares of Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0313), with shares changing hands as low as $23.68 on the day. This compares to an average yield of 7.72% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PMT.PRA was trading at a 4.16% discount to its liquidation preference amount, versus the average discount of 12.87% in the "Real Estate" category.

The chart below shows the one year performance of PMT.PRA shares, versus PMT:

Below is a dividend history chart for PMT.PRA, showing historical dividend payments on Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest:

Free Report: Top 8%+ Dividends (paid monthly)

In Wednesday trading, Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) is currently off about 1% on the day, while the common shares (Symbol: PMT) are up about 0.7%.

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