PennantPark Floating Rate Capital Dividend
Dividend criteria checks 4/6
PennantPark Floating Rate Capital is a dividend paying company with a current yield of 10.81%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
10.8%
Dividend yield
103%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.03 |
| Dividend yield forecast in 3Y | 10.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0KH0's dividends per share have been stable in the past 10 years.
Growing Dividend: 0KH0'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 (0KH0) | 10.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast in 3 Years (0KH0) | 10.8% |
Notable Dividend: 0KH0's dividend (10.81%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0KH0's dividend (10.81%) is in the top 25% of dividend payers in the UK market (5.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.3%), 0KH0's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0KH0 is paying a dividend but the company has no free cash flows.