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Achieving Growth and Investor Rewards: PennyMac Financial Servs Flourishes with Strong Performance and Rising Profits

Author: Benzinga Insights | November 22, 2023 11:05am

As the day concludes, PennyMac Financial Servs (NYSE:PFSI) is preparing to distribute a dividend payout of $0.20 per share, resulting in an annualized dividend yield of 1.27%. This payout is exclusive to investors who held the stock before the ex-dividend date on November 10, 2023.

PennyMac Financial Servs Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-10 4 $0.2 1.27% 2023-10-26 2023-11-13 2023-11-22
2023-08-14 4 $0.2 0.98% 2023-07-27 2023-08-15 2023-08-25
2023-05-15 4 $0.2 1.25% 2023-04-27 2023-05-16 2023-05-26
2023-02-13 4 $0.2 1.16% 2023-02-02 2023-02-14 2023-02-24
2022-11-10 4 $0.2 1.69% 2022-10-27 2022-11-14 2022-11-23
2022-08-15 4 $0.2 1.46% 2022-08-02 2022-08-16 2022-08-26
2022-05-16 4 $0.2 1.57% 2022-05-05 2022-05-17 2022-05-27
2022-02-14 4 $0.2 1.34% 2022-02-03 2022-02-15 2022-02-25
2021-11-12 4 $0.2 1.23% 2021-11-04 2021-11-15 2021-11-24
2021-08-13 4 $0.2 1.28% 2021-08-05 2021-08-16 2021-08-26
2021-05-14 4 $0.2 1.33% 2021-05-06 2021-05-17 2021-05-27
2021-02-11 4 $0.2 1.27% 2021-02-04 2021-02-12 2021-02-25

Analyzing PennyMac Financial Servs Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

During the period of 2020 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.54 to $0.80, reflecting the company's focus on providing greater returns to its shareholders.

YoY Earnings Growth For PennyMac Financial Servs

earning chart graph

From 2020 to 2022, PennyMac Financial Servs has demonstrated an upward trend in earnings, with earnings per share rising from $3.53 to $10.47. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

In this article, we explore the recent dividend payout of PennyMac Financial Servs and its significance for shareholders. The company has decided to distribute a dividend of $0.20 per share today, which equates to an annualized dividend yield of 1.27%.

Considering the increase in dividend per share from 2020 to 2022 along with an increase in earnings per share, PennyMac Financial Servs appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: PFSI

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