PennantPark Floating Rate Capital Ltd. logo

PennantPark Floating Rate Capital Ltd. (PFLT)

Market Closed
3 Jun, 20:00
NYSE NYSE
$
8. 05
-0.29
-3.4772%
$
827.48M Market Cap
15.16 P/E Ratio
1.24% Div Yield
1.51M Volume
1.3 Eps
$ 8.34
Previous Close
Investors:
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Day Range
8.02 8.26
Year Range
7.68 10.88
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PennantPark Floating Rate Capital: Abundance Of Cash That Will Fuel Growth Opportunities

PennantPark Floating Rate Capital: Abundance Of Cash That Will Fuel Growth Opportunities

PennantPark Floating Rate Capital operates as a business development company focusing on strategic debt investments in middle market companies. PFLT's consistent performance is supported by a diverse portfolio of 146 companies with EBITDA between $10M and $50M. The diverse and well-managed risk approach helps the BDC thrive. Anticipation of interest rate cuts may impact net investment income in the short term but could lead to faster growth opportunities for PFLT's portfolio in the long run.

Seekingalpha | 1 year ago
This Little-Known, Small-Cap Company Might Be the Safest 11%-Yielding Dividend Stock on the Planet

This Little-Known, Small-Cap Company Might Be the Safest 11%-Yielding Dividend Stock on the Planet

Dividend stocks have been Wall Street's unsung hero for decades. Although high-yield stocks can occasionally be more trouble than they're worth, this isn't always the case.

Fool | 1 year ago