Is the PennyMac Mortgage Investment dividend safe?
At risk
PennyMac Mortgage Investment pays 15.4% a year, but that takes 142% of its free cash flow.
The numbers behind it
Dividend yield15.4%
Paid out of free cash flow–
Paid out of profit142%
Debt in years of earnings4.3 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about PennyMac Mortgage Investment
Data as of Nov 13, 2026.