SmarterDividends
PFSI

PennyMac Financial Services, Inc.

PFSI

Financial Services · Mortgage Finance · Stock · quarterly payer

$60.32

Fairly valued · -6% Add to Portfolio

Forward Yield

1.99%

Annual Dividend

$1.20

Payout Ratio

17%

5-Yr Growth

17.3%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about PFSI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, PennyMac Financial Services, Inc. (PFSI) has a forward dividend yield of 1.99%, based on an annual dividend of $1.20 per share and a share price of $60.32.
  • As of Oct 18, 2026, PFSI's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, PennyMac Financial Services, Inc. (PFSI) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
  • PFSI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PFSI's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.30 per share.
  • As of Oct 18, 2026, PFSI pays out 17% of its trailing 12-month earnings as dividends (its payout ratio).
  • PFSI's dividend has grown at an average rate of 17.3% a year over the past five years.
  • As of Oct 18, 2026, PFSI's 1.99% yield is 64% above its five-year average yield of 1.21%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PFSI is $56.65 per share, 6% below the $60.32 share price, so PFSI screens as fairly valued.
  • PennyMac Financial Services, Inc. (PFSI) pays its dividend quarterly, 4 times a year.
  • PennyMac Financial Services, Inc. (PFSI) has raised its regular dividend 3 times and cut it 0 times across the 29 payments on record since 2018. Its most recent change was a 50.0% increase to $0.300 per share, going ex-dividend on Aug 13, 2024.
Cite this page

SmarterDividends, "PFSI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PFSI

Summary

As of Oct 18, 2026, PennyMac Financial Services, Inc. (PFSI) yields 1.99% ($1.20 a year per share), has a dividend safety grade of B (67/100) and has 2 consecutive years of dividend increases on record.

Is PFSI a good dividend stock?

Yes, with caveats

PennyMac Financial Services, Inc. (PFSI) pays a quarterly dividend yielding 1.99% ($1.20/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (17%)
  • Strong 17.3% 5-yr dividend growth

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.99%
Payout Ratio
17%
Annual Dividend
$1.20
5-Yr Avg Growth
17.3%
Ex-Dividend Date
Aug 17, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.45
Market Cap
$3.1B
P/E Ratio
8.3
5-Yr Total Return
-5%
52-Week Range
$57.52 – $160.36
Dividend Safety
B · 67/100
Ever Cut?
No

PFSI dividend raises and cuts

PennyMac Financial Services, Inc. (PFSI) has raised its regular dividend 3 times and cut it 0 times across the 29 payments on record since 2018. Its most recent change was a 50.0% increase to $0.300 per share, going ex-dividend on Aug 13, 2024.

Ex-dateChangeOld → newMove
Aug 13, 2024Raise$0.200 → $0.300+50.0%
Feb 11, 2021Raise$0.150 → $0.200+33.3%
Aug 14, 2020Raise$0.120 → $0.150+25.0%
Every PFSI payment →Download every raise and cut (CSV)
PFSI ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →PFSI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PFSI a good dividend stock?

Yes, with caveats. PennyMac Financial Services, Inc. (PFSI) pays a quarterly dividend yielding 1.99% ($1.20/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is PFSI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PFSI's fair value is about $56.65 versus a $60.32 share price — so it looks fairly valued (-6% vs. fair value).

Is PFSI's dividend safe?

PFSI has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PFSI's fair value?

Our blended fair-value estimate for PFSI is about $56.65 per share, about 6% below the current $60.32 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PFSI a buy, hold, or sell?

We don't issue formal ratings, but on the data PFSI screens as "yes, with caveats" and fairly valued. PennyMac Financial Services, Inc. (PFSI) pays a quarterly dividend yielding 1.99% ($1.20/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will PFSI cut its dividend?

PFSI earns a dividend-safety grade of B (67/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PFSI pay a dividend?

Yes. PennyMac Financial Services, Inc. pays a quarterly dividend of about $1.20 per share annually, a forward yield of roughly 1.99%.

What is PFSI's dividend yield?

As of Oct 18, 2026, PFSI's forward dividend yield is 1.99%, based on a $1.20 annual dividend and a $60.32 share price.

What is PFSI's dividend per share?

As of Oct 18, 2026, PFSI pays $1.20 per share per year, distributed on a quarterly basis.

What is PFSI's dividend payout ratio?

As of Oct 18, 2026, PFSI's payout ratio is 17% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PFSI grown its dividend?

As of Oct 18, 2026, PFSI has increased its dividend for 2 consecutive years.

When is the next PFSI ex-dividend date?

As of Oct 18, 2026, PFSI's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.30 per share.

Income Calculator

At $1.20 / yr per share

Per payment (quarterly)$30.00
Annual$120.00
Monthly avg$10.00

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