Looking at the universe of stocks we cover at Dividend Channel, on 2/14/14, Pennantpark Floating Rate Capital (PFLT) will trade ex-dividend, for its monthly dividend of $0.09, payable on 3/3/14. As a percentage of PFLT's recent stock price of $14.04, this dividend works out to approximately 0.64%, so look for shares of Pennantpark Floating Rate Capital to trade 0.64% lower — all else being equal — when PFLT shares open for trading on 2/14/14.
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 7.69% 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 $12.71 per share, with $15.02 as the 52 week high point — that compares with a last trade of $14.04.
In Wednesday trading, Pennantpark Floating Rate Capital shares are currently up about 0.4% on the day.