Page title
Section title
- Dividend Yield
- 10.59%
- Payout Ratio
- 32.28%
- Dividend Amount Per Share
- $1.23
- Last Ex-Dividend Date
- Sep 16, 2024
PFLT Dividend Safety
PFLT paid out 32.28% of its $39M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
PFLT's Dividend Payout Ratio of 32.28% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
PFLT's Interest Coverage Ratio of 2.682 indicates strong financial health with easy coverage of interest expenses.
Income Quality
PFLT shows excellent income quality with a ratio of 3.58. This indicates high-quality earnings and low risk of dividend cuts.
PFLT Dividend Growth
PennantPark Floating Rate Capital Ltd.(PFLT) offers a dividend yield of 10.59% and pays $1.23 in dividends per share. Explore the historical dividend growth of PFLT.
Dividend Stability
PFLT has shown inconsistent dividend payments over the past 10 years with 5 cuts over 5%.
Dividend Growth
PFLT's dividend payments have shown very poor growth, growing by 1.531% over the last 5 years.
Earnings Growth
PFLT's earnings have grown by 90.588% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
PFLT Dividend Yield Attractiveness
PennantPark Floating Rate Capital Ltd.(PFLT) provides a dividend yield of 10.59%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.14%
3.73%
9.98%
10.59%
Dividend Yield
PFLT's dividend yield of 10.59% is considered high compared to the sector average of 3.73%, indicating a higher potential risk for investors.
PFLT Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by PennantPark Floating Rate Capital Ltd.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.