Looking at the universe of stocks we cover at Dividend Channel, on 12/18/13, Pennantpark Floating Rate Capital (PFLT) will trade ex-dividend, for its monthly dividend of $0.09, payable on 1/2/14. As a percentage of PFLT's recent stock price of $13.82, this dividend works out to approximately 0.65%, so look for shares of Pennantpark Floating Rate Capital to trade 0.65% lower — all else being equal — when PFLT shares open for trading on 12/18/13.
Below is a dividend history chart for PFLT, showing historical dividends prior to the most recent $0.09 declared by Pennantpark Floating Rate Capital:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PFLT is likely to continue, and whether the current estimated yield of 7.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PFLT shares, versus its 200 day moving average:Looking at the chart above, PFLT's low point in its 52 week range is $12.65 per share, with $15.02 as the 52 week high point — that compares with a last trade of $13.82.
In Monday trading, Pennantpark Floating Rate Capital shares are currently up about 0.1% on the day.