Pennantpark Floating Rate Capital (PFLT) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, PFLT shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent PFLT share price of $13.78 represents a price-to-book ratio of 1.0 and an annual dividend yield of 7.84% — by comparison, the average company in Dividend Channel's coverage universe yields 3.4% and trades at a price-to-book ratio of 2.1. The report also cited the strong monthly dividend history at Pennantpark Floating Rate Capital, and favorable long-term multi-year growth rates in key fundamental data points.
PFLT's Strong Dividend History Helps Get It To The Top 25
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