Pennymac Mortgage Investment Trust’s Series B Preferred Shares Crosses Above 7.5% Yield Territory

Pennymac Mortgage Investment Trust’s Series B Preferred Shares Crosses Above 7.5% Yield Territory

This compares to an average yield of 6.03% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, PMT.PRB was trading at a 6.80% premium to its …