Owners of PennyMac Mortgage Investment (NYSE: PMT) shares as of market close today will be eligible for a dividend of 57 cents per share. At a price of $22.10 as of 9:36 a.m. ET, the dividend yield is 9.7%. The average volume for PennyMac Mortgage Investment has been 1.0 million shares per day over the past 30 days. PennyMac Mortgage Investment has a market cap of $1.4 billion and is part of the real estate industry. Shares are down 7% year to date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. PennyMac Mortgage Investment Trust, a specialty finance company, through its subsidiaries, invests primarily in residential mortgage loans and mortgage-related assets. The company operates in two segments, Correspondent Lending and Investment Activities. The company has a P/E ratio of 6.86. TheStreet Ratings rates PennyMac Mortgage Investment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full PennyMac Mortgage Investment Ratings Report now.