SLIDESHOW: 10 Top Ranked Dividend Paying FinancialsBy Dividend Channel Staff, updated Thu, May 6, 1:56 PM
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#9. PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) — 8.9% YIELD
PennantPark Floating Rate Capital is a closed-end, externally managed, non-diversified investment company. Co.'s objectives is to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in loans bearing a variable-rate of interest, or Floating Rate Loans, and other investments made to U.S. middle-market companies.
PFLT is a BDC — view PFLT BDCInvestor Profile.
(Projection based upon history)
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price:
Based on data provided by Zacks Investment Research via Quandl.com