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Released on Saturday, June 9th, 2012, 1:32 PM ET

Pittsburgh, PA (SpeculatingStocks) - PennyMac Mortgage Investment Trust (NYSE:PMT) is a real estate investment trust which invests in mortgage loans and real-estate assets. Admittedly the company invests in risky junk-level mortgage-backed-securities, however, with security from the government these days, the risk is a little more reduced, but the return is just as plentiful. PennyMac invest heavily in those loans which are already distressed or in risk of distressed and acquired from the unpaid balances—with the clear intention of keeping people in their homes.

PMT is trading on the NYSE at $19.15 per share (4:30 PM June 8th, 2012). It only has a P/E of 7.05 with an impressive EPS of $2.72 per share. With this price it comes to a market capitalization of $596 million which makes it a mid-cap stock, with a fair amount of volume every day. approximately 784,000 shares trade hands every day.

Financially the trust is probably more stable than the real-estate that it chooses to invest in, holding a current ratio of 7.66, the trust will have no problem meeting its obligations. In fact, PMT didn't even have any debt until this past year—presumably because they are looking to leverage their income.

Over the course of the past year, real-estate companies have been a mixed bag of success, stagnation, and a toilet to throw your money into; PMT is one of the success stories this year, producing a continuous upward trend with a total growth of 15.22% since the start of 2012. Add to this PMT's annual dividend yield of 11.49%, this stock really does give you a nice return for your money.

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