POrtman Ridge Finance Corporation (PTMN) will begin ex-dividend trading on November 12, 2021. A cash dividend payment of $0.62 per share is expected to be paid on November 30, 2021. Shareholders who purchased PTMN prior to the ex date -dividend are eligible for payment of the dividend in cash. This represents an increase of 933.33% over the previous dividend payout. At the current share price of $25.58, the dividend yield is 9.7%.
PTMN’s last sell on the previous trading day was $25.58, down -1.5% from the 52-week high of $25.97 and up 85.36 % from 52-week low of $13.80.
PTMN is part of the financial sector, which includes companies such as Jefferies Financial Group Inc. (JEF) and Ares Capital Corporation (ARCC). Current earnings per share for PTMN, an indicator of a company’s profitability, is $10.9. Zacks Investment Research reports that PTMN’s projected earnings growth in 2021 is 42.65%, compared to an industry average of 15.5%.
For more information on the declaration, record and payment dates, visit ptmn’s Dividend History page. Our dividend calendar contains the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
