PennantPark Floating Rate Capital Ltd. (PFLT)

Looking at the universe of stocks we cover at Dividend Channel, on 7/17/19, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 8/1/19. As a percentage of PFLT's recent stock price of $11.72, this dividend works out to approximately 0.81%, so look for shares of Pennantpark Floating Rate Capital to trade 0.81% lower — all else being equal — when PFLT shares open for trading on 7/17/19.

NEW YORK, July 10, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd.

NEW YORK, July 02, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd.

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/19, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 7/1/19. As a percentage of PFLT's recent stock price of $11.72, this dividend works out to approximately 0.81%, so look for shares of Pennantpark Floating Rate Capital to trade 0.81% lower — all else being equal — when PFLT shares open for trading on 6/14/19.

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 10, Pennantpark Floating Rate Capital's CEO, Arthur H.

In trading on Thursday, shares of Pennantpark Floating Rate Capital crossed below their 200 day moving average of $12.97, changing hands as low as $12.05 per share. Pennantpark Floating Rate Capital shares are currently trading off about 9% on the day.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Pennantpark Floating Rate Capital presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Looking at the universe of stocks we cover at Dividend Channel, on 4/16/19, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 5/1/19. As a percentage of PFLT's recent stock price of $13.03, this dividend works out to approximately 0.73%, so look for shares of Pennantpark Floating Rate Capital to trade 0.73% lower — all else being equal — when PFLT shares open for trading on 4/16/19.

In trading on Thursday, shares of Pennantpark Floating Rate Capital crossed above their 200 day moving average of $13.02, changing hands as high as $13.09 per share. Pennantpark Floating Rate Capital shares are currently trading up about 0.3% on the day.

Looking at the universe of stocks we cover at Dividend Channel, on 3/19/19, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 4/1/19. As a percentage of PFLT's recent stock price of $12.91, this dividend works out to approximately 0.74%, so look for shares of Pennantpark Floating Rate Capital to trade 0.74% lower — all else being equal — when PFLT shares open for trading on 3/19/19.

In trading on Tuesday, shares of Pennantpark Floating Rate Capital crossed above their 200 day moving average of $13.16, changing hands as high as $13.19 per share. Pennantpark Floating Rate Capital shares are currently trading up about 0.1% on the day.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Pennantpark Floating Rate Capital presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

In trading on Friday, shares of Pennantpark Floating Rate Capital crossed above their 200 day moving average of $13.32, changing hands as high as $13.36 per share. Pennantpark Floating Rate Capital shares are currently trading up about 2% on the day.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

In trading on Wednesday, shares of Pennantpark Floating Rate Capital crossed below their 200 day moving average of $13.52, changing hands as low as $13.47 per share. Pennantpark Floating Rate Capital shares are currently trading off about 1% on the day.

A look at the weighted underlying holdings of the BDC Income ETF (BIZD) shows an impressive 55.4% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Pennantpark Floating Rate Capital , which makes up 2.05% of the BDC Income ETF (BIZD), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data.

Looking at the universe of stocks we cover at Dividend Channel, on 6/15/18, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 7/2/18. As a percentage of PFLT's recent stock price of $14.07, this dividend works out to approximately 0.68%, so look for shares of Pennantpark Floating Rate Capital to trade 0.68% lower — all else being equal — when PFLT shares open for trading on 6/15/18.

In trading on Monday, shares of Pennantpark Floating Rate Capital crossed above their 200 day moving average of $13.70, changing hands as high as $13.75 per share. Pennantpark Floating Rate Capital shares are currently trading up about 1.2% on the day.

BDCs will be the first beneficiaries of rising rates.

Looking at the universe of stocks we cover at Dividend Channel, on 3/16/18, Pennantpark Floating Rate Capital will trade ex-dividend, for its monthly dividend of $0.095, payable on 4/2/18. As a percentage of PFLT's recent stock price of $13.44, this dividend works out to approximately 0.71%, so look for shares of Pennantpark Floating Rate Capital to trade 0.71% lower — all else being equal — when PFLT shares open for trading on 3/16/18.

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.