The Board of Trustees of PennyMac Mortgage Investment Trust (NYSE: PMT)
declared a cash dividend of $0.61 per common share of beneficial
interest for the third quarter of 2014. This dividend will be paid on
October 30, 2014 to common shareholders of record as of October 15, 2014.
About PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust is a mortgage real estate investment
trust (REIT) that invests primarily in residential mortgage loans and
mortgage-related assets. PennyMac Mortgage Investment Trust trades on
the New York Stock Exchange under the symbol "PMT" and is externally
managed by PNMAC Capital Management, LLC, a subsidiary of PennyMac
Financial Services, Inc. (NYSE: PFSI). Additional information about
PennyMac Mortgage Investment Trust is available at www.PennyMac-REIT.com.
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, regarding management’s beliefs, estimates, projections and
assumptions with respect to, among other things, the Company’s financial
results, future operations, business plans and investment strategies, as
well as industry and market conditions, all of which are subject to
change. Words like “believe,” “expect,” “anticipate,” “promise,” “plan,”
and other expressions or words of similar meanings, as well as future or
conditional verbs such as “will,” “would,” “should,” “could,” or “may”
are generally intended to identify forward-looking statements. Actual
results and operations for any future period may vary materially from
those projected herein and from past results discussed herein. Factors
which could cause actual results to differ materially from historical
results or those anticipated include, but are not limited to: changes in
general business, economic, market and employment conditions from those
expected; continued declines in residential real estate and disruption
in the U.S. housing market; the availability of, and level of
competition for, attractive risk-adjusted investment opportunities in
residential mortgage loans and mortgage-related assets that satisfy our
investment objectives and investment strategies; changes in our
investment or operational objectives and strategies, including any new
lines of business; the concentration of credit risks to which we are
exposed; the availability, terms and deployment of short-term and
long-term capital; unanticipated increases in financing and other costs,
including a rise in interest rates; the performance, financial condition
and liquidity of borrowers; increased rates of delinquency or decreased
recovery rates on our investments; increased prepayments of the mortgage
and other loans underlying our investments; changes in regulations or
the occurrence of other events that impact the business, operation or
prospects of government sponsored enterprises; changes in government
support of homeownership; changes in governmental regulations,
accounting treatment, tax rates and similar matters; and our ability to
satisfy complex rules in order to qualify as a REIT for U.S. federal
income tax purposes. You should not place undue reliance on any
forward-looking statement and should consider all of the uncertainties
and risks described above, as well as those more fully discussed in
reports and other documents filed by the Company with the Securities and
Exchange Commission from time to time. The Company undertakes no
obligation to publicly update or revise any forward-looking statements
or any other information contained herein, and the statements made in
this press release are current as of the date of this release only.
Copyright Business Wire 2014