PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) stock observed trading -15.52% off 52-week high price. On the other end, the stock has been noted 5.85% away from low price over the last 52-weeks. The stock disclosed a move of -3.66% away from 50 day moving average and -7.43% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.38% off 20-day moving average. It has market cap of $451.69M and dividend yield of 9.79%.

PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) declared its monthly distribution for July 2019 of $0.095 per share, payable on August 1, 2019 to stockholders of record as of July 18, 2019. The distribution is paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.

“We are pleased that we have been able to deliver a steady and stable dividend over a long period of time,” said Art Penn, Chairman and Chief Executive Officer.

The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation. The USA based company PennantPark Floating Rate Capital Ltd. moved with change of 0.17% to $11.65 with the total traded volume of 62414 shares in recent session versus to an average volume of 169.85K. The stock was observed in the 5 days activity at 1.66%. The one month performance of stock was 0.26%. PFLT’s shares are at -9.06% for the quarter and driving a -14.60% return over the course of the past year and is now at 1.10% since this point in 2018.  The average volatility for the week and month was at 0.96% and 1.04% respectively. There are 38.77M shares outstanding .

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