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Portman Ridge Finance (PTMN) Dividend Yield, Date & History

Portman Ridge Finance logo
$16.35 0.00 (0.00%)
(As of 12/20/2024 05:16 PM ET)

Portman Ridge Finance Dividend Summary

Dividend Yield
16.88%
Annual Dividend
$2.76
Recent
Dividend Payment
Nov. 29
Annualized 3-Year
Dividend Growth
4.64%
Dividend Payout Ratio
745.95%

Portman Ridge Finance (PTMN) pays an annual dividend of $2.76 per share, with a dividend yield of 16.88%. The next quarterly payment of $0.69 per share was paid on Friday, November 29, to investors who owned the stock before the ex-dividend date of Tuesday, November 19. The company currently pays out 745.95% of its earnings and 92.00% of its cash flow as dividends.

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PTMN Dividend Payments by Quarter

The chart below displays up to four years of Portman Ridge Finance's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PTMN Dividend Yield Over Time

The chart below tracks Portman Ridge Finance's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Portman Ridge Finance vs. The Competition

Compare Portman Ridge Finance's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypePortman Ridge FinanceFinance CompaniesNASDAQ Companies
Annual Dividend$2.76$0.02$1.31
Dividend Yield16.88%10.09%4.21%
Annualized 3-Year Dividend Growth4.64%12.89%14.22%

Portman Ridge Finance Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings745.95%
Based on This Year's Estimate104.55%
Based on Next Year's Estimate103.76%
Based on Cashflow92.00%

Portman Ridge Finance Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024Quarterly$0.69 - 15.42%11/19/202411/19/202411/29/2024
8/8/2024Quarterly$0.69 - 14.8%8/22/20248/22/20248/30/2024
5/8/2024Quarterly$0.69 - 13.92%5/20/20245/21/20245/31/2024
3/13/2024Quarterly$0.69 - 14.8%3/22/20243/25/20244/2/2024
11/8/2023Quarterly$0.69 - 16.24%11/17/202311/20/202311/30/2023
8/9/2023Quarterly$0.69 - 13.47%8/21/20238/22/20238/31/2023
5/10/2023Quarterly$0.69+$0.01
1.47%
13.94%5/19/20235/22/20235/31/2023
3/9/2023Quarterly$0.68+$0.01
1.49%
12.39%3/17/20233/20/20233/31/2023

This table shows Portman Ridge Finance's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Portman Ridge Finance Dividend - Frequently Asked Questions

The current dividend yield for Portman Ridge Finance is 16.88%. Learn more on PTMN's dividend yield history.

The annual dividend for PTMN shares is $2.76. Learn more on PTMN's annual dividend history.

Portman Ridge Finance pays quarterly dividends to shareholders.

Portman Ridge Finance's most recent quarterly dividend payment of $0.69 per share was made to shareholders on Friday, November 29, 2024.

Portman Ridge Finance's most recent ex-dividend date was Tuesday, November 19, 2024.

Over the past three years, the company's dividend has grown by an average of 4.64% per year.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, May 10, 2023.

The dividend payout ratio for PTMN is:
  • 745.95% based on the trailing year of earnings
  • 104.55% based on this year's estimates
  • 103.76% based on next year's estimates
  • 92.00% based on cash flow

Portman Ridge Finance's dividend yield of 16.50% is higher than the average Finance company that issues a dividend. PTMN has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. Portman Ridge Finance's dividend payout ratio of 745.95% may not be sustainable.

Looking at the stock as a whole, market analysts rate Portman Ridge Finance stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:PTMN) was last updated on 12/21/2024 by MarketBeat.com Staff
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