Pennantpark Floating Rate Capital Director Samuel L. Katz Acquires 7,969 Shares (PFLT)
Pennantpark Floating Rate Capital (NASDAQ:PFLT) Director Samuel L. Katz bought 7,969 shares of the company’s stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of $14.16 per share, for a total transaction of $112,841.04. Following the completion of the transaction, the director now directly owns 69,633 shares of the company’s stock, valued at approximately $986,003. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Pennantpark Floating Rate Capital (NASDAQ:PFLT) traded down 0.07% during mid-day trading on Wednesday, hitting $14.17. 53,092 shares of the company’s stock traded hands. Pennantpark Floating Rate Capital has a 52-week low of $12.85 and a 52-week high of $14.44. The stock’s 50-day moving average is $14.02 and its 200-day moving average is $13.93.
Pennantpark Floating Rate Capital (NASDAQ:PFLT) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. On average, analysts predict that Pennantpark Floating Rate Capital will post $1.17 earnings per share for the current fiscal year.
The company also recently declared a aug 14 dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Wednesday, August 20th will be given a dividend of $0.09 per share. This represents a yield of 7.71%. The ex-dividend date of this dividend is Monday, August 18th.
PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) is a development-stage company.
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