PennantPark Floating Rate Capital Dividends and Buybacks
Dividend criteria checks 5/6
PennantPark Floating Rate Capital is a dividend paying company with a current yield of 11.11% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
11.1%
Dividend yield
-22.9%
Buyback Yield
| Total Shareholder Yield | -11.8% |
| Future Dividend Yield | 11.1% |
| Dividend Growth | 3.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €1.131 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 22P's dividends per share have been stable in the past 10 years.
Growing Dividend: 22P's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PennantPark Floating Rate Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (22P) | 11.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Capital Markets) | 2.6% |
| Analyst forecast (22P) (up to 3 years) | 11.1% |
Notable Dividend: 22P's dividend (11.11%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 22P's dividend (11.11%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.1%), 22P's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 22P is paying a dividend but the company has no free cash flows.