Portman Ridge Finance Corporation Dividend
Portman Ridge Finance Corporation Dividend history 17 years & forecast 2024 to 2025
Dividend analysis of the Portman Ridge Finance Corporation share
| Current dividend yield | 2.89 % |
| Dividendenrendite 5 Jahre | 5.83 % |
| Dividend yield 10 years | 9.71 % |
| Payout 3 years | 4.44 % |
When does Portman Ridge Finance Corporation pay a dividend?
The Portman Ridge Finance Corporation share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the Portman Ridge Finance Corporation share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were March, May, August and November . Dividends from Portman Ridge Finance Corporation are distributed via March, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.69
$0.69
|
May 20 2024
May 20 2024
May 31 2024
May 20 24
May 31 24 |
May 31 2024 |
quarterly
quarterly
|
| 2024 |
$0.69
$0.69
|
Mar 22 2024
Mar 22 2024
Apr 02 2024
Mar 22 24
Apr 02 24 |
Apr 02 2024 |
quarterly
quarterly
|
| 2023 |
$0.69
$0.69
|
Nov 17 2023
Nov 17 2023
Nov 30 2023
Nov 17 23
Nov 30 23 |
Nov 30 2023 |
quarterly
quarterly
|
| 2023 |
$0.69
$0.69
|
Aug 21 2023
Aug 21 2023
Aug 31 2023
Aug 21 23
Aug 31 23 |
Aug 31 2023 |
quarterly
quarterly
|
| 2023 |
$0.69
$0.69
|
May 19 2023
May 19 2023
May 31 2023
May 19 23
May 31 23 |
May 31 2023 |
quarterly
quarterly
|
| 2023 |
$0.68
$0.68
|
Mar 17 2023
Mar 17 2023
Mar 31 2023
Mar 17 23
Mar 31 23 |
Mar 31 2023 |
quarterly
quarterly
|
| 2022 |
$0.67
$0.67
|
Nov 22 2022
Nov 22 2022
Dec 13 2022
Nov 22 22
Dec 13 22 |
Dec 13 2022 |
quarterly
quarterly
|
| 2022 |
$0.63
$0.63
|
Aug 15 2022
Aug 15 2022
Sep 02 2022
Aug 15 22
Sep 02 22 |
Sep 02 2022 |
quarterly
quarterly
|
| 2022 |
$0.63
$0.63
|
May 23 2022
May 23 2022
Jun 07 2022
May 23 22
Jun 07 22 |
Jun 07 2022 |
quarterly
quarterly
|
| 2022 |
$0.63
$0.63
|
Mar 18 2022
Mar 18 2022
Mar 30 2022
Mar 18 22
Mar 30 22 |
Mar 30 2022 |
quarterly
quarterly
|
How much dividend does Portman Ridge Finance Corporation pay?
Portman Ridge Finance Corporation most recently paid a dividend of $0.69. Portman Ridge Finance Corporation paid a dividend of $2.75 per share in the financial year 2023. With a share price of $19.62 at Jun 28 2024, the current dividend yield is 14.02% (calculation: $2.75 / $19.62 = 14.02%). No special dividend was paid.
What is the Portman Ridge Finance Corporation dividend yield and payout ratio?
The average Portman Ridge Finance Corporation dividend yield over the last 5 years is 12.43% and the average over the last 10 years is 12.69%.
The payout ratio of Portman Ridge Finance Corporation in relation to the last financial year is 229.17%. The payout ratio smoothed over 3 years is 373.43%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Key figure | Portman Ridge Finance Corporation |
|---|---|
| Current dividend yield | 14.02% |
| Dividend yield 5 yrs. | 12.43% |
| Dividend yield 10 yrs. | 12.69% |
| Payout 1 yr. | 229.17% |
| Payout 3 yrs. | 373.43% |
Is the Portman Ridge Finance Corporation dividend safe? Continuity & dividend growth
Is the Portman Ridge Finance Corporation dividend safe?
Portman Ridge Finance Corporation has been paying a dividend for 17 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased3-times.
The dividend growth in relation to the previous financial year amounts to 7.42%. The average Portman Ridge Finance Corporation dividend growth over the last 5 years is -3.50%. The average for the last 10 years is -10.89%.
| Key figure | Portman Ridge Finance Corporation |
|---|---|
| Increased | 3 Years |
| Continuity | 3 Years |
| Paid | 17 Years |
| Growth 1 yr. | 7.42% |
| Growth 5 yrs. | -3.50% |
| Growth 10 yrs. | -10.89% |
Continuity
Portman Ridge Finance Corporation has been paying a dividend for 17 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was recently increased3-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 7.42%. The average Portman Ridge Finance Corporation dividend growth over the last 5 years is -3.50%. The average for the last 10 years is -10.89%.
Portman Ridge Finance Corporation Share forecast 2024
On the stock exchange, the Portman Ridge Finance Corporation share (ISIN: US73688F1021) is not traded as a top scorer in June 2024 according to the dividend strategy.
The share price of Portman Ridge Finance Corporation 7.86% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Portman Ridge Finance Corporation share price in real time at the top of the page.
The Portman Ridge Finance Corporation share (symbol: PTMN) is valued at a price/sales ratio (P/S ratio) of 3.88 valued. Based on analyst estimates, the Portman Ridge Finance Corporation share forecast 2024 of the current financial year corresponds to a valuation of 7.74 according to P/E ratio and 2.69 according to P/S ratioe.
| Key figure | Portman Ridge Finance Corporation |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
7.86%
|
| P/S ratio TTM | 3.88 |
| P/E ratio expected | 7.74 |
| P/S ratio expected | 2.69 |
The Portman Ridge Finance Corporation share (symbol: PTMN) is valued at a price/sales ratio (P/S ratio) of 3.88 valued. Based on analyst estimates, the Portman Ridge Finance Corporation share forecast 2024 of the current financial year corresponds to a valuation of 7.74 according to P/E ratio and 2.69 according to P/S ratioe.
Discover more dividend stocks
Register for free
StocksGuide is the tool for easily finding, analyzing and monitoring shares. Learn from successful investors and make well-founded investment decisions. We make you a self-determined investor.
