PennantPark Floating Rate Capital Ltd.
PFLTFinancial Services · Stock · monthly payer
$8.33
Add to PortfolioForward Yield
14.54%
Annual Dividend
$1.21
Payout Ratio
195%
5-Yr Growth
1.6%
Ex-Date
Jun 15, 2026
Frequency
Monthly
PFLT Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage195% of earnings paid out
Balance-sheet strengthDebt/equity of 1.61
Yield vs its historyYield is 1.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PFLT a good dividend stock?
MixedPennantPark Floating Rate Capital Ltd. (PFLT) pays a monthly dividend yielding 14.54% ($1.21/yr), with 7 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2018
- Elevated payout ratio (195%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 14.54%
- Payout Ratio
- 195%
- Annual Dividend
- $1.21
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 7
- Frequency
- monthly
- Beta
- 0.74
- Market Cap
- $826.5M
- P/E Ratio
- 13.2
- 5-Yr Total Return
- -36%
- 52-Week Range
- $7.68 – $10.88
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1030 | regular |
| Apr 15, 2026 | — | $0.1030 | regular |
| Mar 16, 2026 | — | $0.1030 | regular |
| Feb 17, 2026 | — | $0.1030 | regular |
| Jan 16, 2026 | — | $0.1030 | regular |
| Dec 15, 2025 | — | $0.1030 | regular |
| Nov 17, 2025 | — | $0.1030 | regular |
| Oct 15, 2025 | — | $0.1030 | regular |
| Sep 15, 2025 | — | $0.1030 | regular |
| Aug 15, 2025 | — | $0.1030 | regular |
| Jul 15, 2025 | — | $0.1030 | regular |
| Jun 16, 2025 | — | $0.1030 | regular |
| May 15, 2025 | — | $0.1030 | regular |
| Apr 15, 2025 | — | $0.1030 | regular |
Income Calculator
At $1.21 / yr per share
Per payment (monthly)$10.08
Annual$121.00
Monthly avg$10.08
