Why PennyMac Financial Services is a Top 10 Financial Stock Yielding 1.36% (PFSI)


PennyMac Financial Services Inc (Symbol: PFSI) has been named one of the top 10 dividend-paying financial stocks, according to Dividend Channel, which published its most recent ”Dividend rank” report. The report noted that among stocks of financial companies, PFSI displayed both attractive valuation metrics and strong profitability metrics. The report also cited PennyMac Financial Services Inc’s strong quarterly dividend track record and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, ”Dividend investors who approach investing from a value perspective are generally more interested in finding the strongest, most profitable companies that are also trading at an attractive valuation. This is what we seek to find by using our proprietary DividendRank formula, which ranks the coverage universe according to our various profitability and valuation criteria, to generate a list of the most “interesting” stocks, intended for investors as a source of ideas that merit further research.

The current annualized dividend paid by PennyMac Financial Services Inc is $0.8/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 2/14/2022. Below is a chart of PFSI’s long-term dividend history, which the report highlights as critically important. Indeed, studying a company’s past dividend history can be a great help in judging whether the most recent dividend is likely to continue.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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