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 | US$1.230 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
PFLT: High Monthly Income, But Coverage Looking Pressured
Nov 07PennantPark Floating Rate Capital: Weak Dividend Coverage Offset By Increased Investment Activity
Oct 25PFLT: Dividend Coverage Of 103% Is Safer Than It Seems
Aug 20PFLT: Is This 10% Dividend Income Suitable For You
Jul 17PennantPark Floating Rate Capital: Q2 Proves Again That It Is One Of The Best BDCs Out There
May 13PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT
Apr 29PennantPark Floating Rate Capital: When Being Conservative Pays Off
Feb 22PennantPark Floating Rate Capital: One Of My Favorite BDCs, But Market Liquidity Risks Rising
Feb 02PennantPark Floating Rate Capital: Time To Sell This 10% Yielding BDC (Downgrade)
Jan 12PFLT: This BDC Yields Above 10% Despite The Conservative Characteristics
Dec 24PennantPark Floating Rate Capital: Strong Fiscal Q4 Earnings
Dec 10PennantPark Floating Rate: Will There Be Another Dividend Raise?
Nov 21PennantPark Floating Rate: A Fat 11.3% Yield
Sep 14PennantPark Floating Rate Capital: Floating Rate 11% Yield, Earnings Up, But...
Aug 18BlackRock Or PennantPark For Solid 12% Yield?
Jul 05PennantPark Floating Rate Capital: An 11.5% Yield Paid Monthly And At A Small Discount
May 30PennantPark NII of $0.30 in-line, total investment income of $31.34M beats by $1.8M
Feb 08PennantPark declares $0.095 dividend
Feb 02PennantPark Floating Rate Capital falls 7% on primary stock offering
Jan 23PennantPark FQ4 2022 Earnings Preview
Nov 15PennantPark declares $0.095 dividend
Nov 03PennantPark declares $0.095 dividend
Oct 04PennantPark Floating Rate Capital upsizes credit facility to $366M
Sep 21PennantPark declares $0.095 dividend
Sep 02PennantPark declares $0.095 dividend
Jul 05PennantPark: 10% Yield, 14% Discount, Monthly Payer, Benefits From Rising Rates
Jun 24Head-To-Head High Yield Comparison: PennantPark
Apr 17PennantPark Floating Rate Capital: Slow And Steady 8.76% Yield
Feb 02PennantPark Floating Rate: A Monthly Dividend Payer On Fair Value
Jan 25PennantPark Floating Rate Capital Is Set To Underperform
Oct 12PennantPark Floating Rate: This Overlooked Gem Is A Buy, Here's Why
Jul 29PennantPark Floating Rate Capital names new finance chief
Jun 21PennantPark Floating Rate Capital 2021 Q2 - Results - Earnings Call Presentation
May 06PennantPark Floating Rate Capital: Don't Count Your Chickens Before They Hatch
May 03PennantPark declares $0.095 dividend
Feb 02PennantPark declares $0.095 dividend
Jan 05PennantPark declares $0.095 dividend
Dec 022 Dividend Stocks To Buy With Improving Book Values, Both From PennantPark
Nov 29PennantPark NII beats by $0.01, misses on total investment income
Nov 18PennantPark Floating Rate Capital: The Market Is Contradicting Itself When It Comes To BDCs
Nov 11PennantPark declares $0.095 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PFLT's dividends per share have been stable in the past 10 years.
Growing Dividend: PFLT'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 (PFLT) | 11.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (PFLT) (up to 3 years) | 11.1% |
Notable Dividend: PFLT's dividend (11.11%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: PFLT's dividend (11.11%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.1%), PFLT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PFLT is paying a dividend but the company has no free cash flows.