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PennyMac Mortgage Investment Trust Dividend Run Setup Ahead of July Ex-Dividend Date

PennyMac Mortgage Investment Trust (PMT) often exhibits a "dividend run," where its stock price rises before the ex-dividend date. Over the last four quarters, PMT's pre-ex-dividend gains exceeded the dividend amount, highlighting notable price strength ahead of its $0.40 quarterly payouts..

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PennyMac Mortgage Investment Trust (PMT)