PennantPark Floating Rate Capital (PFLT) Declares Jun 13 Dividend of $0.09

PennantPark Floating Rate Capital (NASDAQ:PFLT) announced a jun 13 dividend on Monday, June 3rd, Stock Ratings Network.com reports. Investors of record on Friday, June 21st will be paid a dividend of $0.0875 per share on Monday, July 1st.

A number of analysts have recently weighed in on PFLT shares. Analysts at Keefe, Bruyette & Woods raised their price target on shares of PennantPark Floating Rate Capital from $14.25 to $14.50 in a research note to investors on Monday, May 13th. Analysts at Zacks downgraded shares of PennantPark Floating Rate Capital from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, April 11th. They now have a $15.80 price target on the stock.

Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $14.72.

Shares of PennantPark Floating Rate Capital (NASDAQ: PFLT) traded down 0.34% during mid-day trading on Monday, hitting $14.60. PennantPark Floating Rate Capital has a one year low of $11.29 and a one year high of $14.48. The stock’s 50-day moving average is currently $14.07.

PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) is a development-stage company.

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