PennantPark Floating Rate Capital Ltd. (PFLT) To Go Ex-Dividend on December 15th

by · The Cerbat Gem

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT – Get Free Report) declared a monthly dividend on Tuesday, December 2nd. Investors of record on Monday, December 15th will be paid a dividend of 0.1025 per share by the asset manager on Friday, January 2nd. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date is Monday, December 15th.

PennantPark Floating Rate Capital has raised its dividend by an average of 0.0%annually over the last three years.

PennantPark Floating Rate Capital Stock Down 0.4%

NASDAQ PFLT traded down $0.04 during trading on Friday, hitting $9.42. The company’s stock had a trading volume of 783,977 shares, compared to its average volume of 1,119,725. PennantPark Floating Rate Capital has a fifty-two week low of $8.40 and a fifty-two week high of $11.50. The company has a market cap of $934.14 million, a PE ratio of 6.73 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.15 and a quick ratio of 0.15. The business’s 50 day simple moving average is $9.08 and its 200-day simple moving average is $9.82.

About PennantPark Floating Rate Capital

(Get Free Report)

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S.

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