PFLT icon

PennantPark Floating Rate (PFLT)

NYSE

$8.20

-$0.24 (

-2.84%

)

1D
5D
1M
6M
1Y
5Y
Market closed

PFLT: $8.20 / ₿ 0.0001 BTC / 12503 Sats

1D
5D
1M
6M
1Y
5Y

Key statistics

$8.44
$8.18 - $11.46
$813.59M
10.49
$8.39
$1,611,866.99
99.22M
24.73
$8.00 - $8.56
15.07
$8.17 - $8.44
Yes

What is PennantPark Floating Rate (PFLT)?

PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate both current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generates revenue in the form of interest income on the debt securities and dividends.

The PennantPark Floating Rate (PFLT) stock price has been falling

The PennantPark Floating Rate Capital Ltd. (PFLT) stock price today is $8.20, reflecting a -2.84% move since the market opened. The company’s market capitalization stands at $813.59M, with a daily trading volume of $1.61M shares. For investors tracking price trends, PennantPark Floating Rate Capital Ltd. stock has ranged between $8.17 and $8.44 today. The previous closing price was $8.44.

Get started with PennantPark Floating Rate (PFLT)

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PFLT FAQs

PFLT is in the Financial Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

PFLT is in the Asset Management industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, PennantPark Floating Rate Capital Ltd. (PFLT) has traded between a low of $8.18 and a high of $11.46.

PFLT is in the Asset Management industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

PFLT’s payout ratio is 3.73. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

PFLT’s trailing dividend yield is 15.07. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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