Pennantpark Floating Rate Capital Ltd Plans Sep 14 Dividend of $0.09 (PFLT)
Pennantpark Floating Rate Capital (NASDAQ:PFLT) announced a sep 14 dividend on Wednesday, September 3rd, AmericanBankingNews.com reports. Stockholders of record on Friday, September 26th will be paid a dividend of 0.09 per share on Wednesday, October 1st.
On a related note, analysts at Zacks upgraded shares of Pennantpark Floating Rate Capital from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $15.00 price target on the stock.
Shares of Pennantpark Floating Rate Capital (NASDAQ:PFLT) traded up 0.57% on Wednesday, hitting $14.21. The stock had a trading volume of 61,489 shares. Pennantpark Floating Rate Capital has a 52-week low of $13.05 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 $13.94.
Pennantpark Floating Rate Capital (NASDAQ:PFLT) last announced its earnings results on Wednesday, August 6th. The company reported $0.29 EPS for the quarter, meeting the Thomson Reuters 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.
In other Pennantpark Floating Rate Capital news, Director Samuel L. Katz acquired 7,969 shares of Pennantpark Floating Rate Capital stock on the open market in a transaction dated Tuesday, August 26th. The shares were purchased at an average cost of $14.16 per share, with a total value of $112,841.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) is a development-stage company.
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