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PTMN Portman Ridge Finance Corp Dividend

Portman Ridge Finance's latest quarterly dividend was on Nov 12, 2021 (ex-date) with a payout of $0.62 per share. On an annualized basis, the company has a current payout of $2.42 per share. This brings the dividend yield to 9.86% based on its recent close price. The latest dividend has an increase of $0.02, or 3.3% from the prior distribution.

PTMN next dividend date: Not announced

PTMN
DPS
$2.42
Dividend yield
10.08%
Payout ratio
17.7%
Financial Services sector
Dividend yield
2.44%
Payout ratio
32.4%

Dividend yield

Portman Ridge Finance's dividend yield of 9.86% is higher than the Financial Services sector and the industry average.

Dividend history

Portman Ridge Finance has been paying dividends since 2007. PTMN has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 0.8% since twelve months ago. But with the price of the stock up by 25% from a year ago, the dividend yield has a decrease of 19%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Nov 4, 2021 Nov 12, 2021 Nov 30, 2021 $0.62 normal
Aug 5, 2021 Aug 16, 2021 Aug 31, 2021 $0.6 normal
May 6, 2021 May 18, 2021 Jun 1, 2021 $0.6 normal
Feb 12, 2021 Feb 19, 2021 Mar 2, 2021 $0.6 normal
Oct 16, 2020 Oct 23, 2020 Nov 27, 2020 $0.6 normal
Aug 5, 2020 Aug 14, 2020 Aug 28, 2020 $0.6 normal
Mar 17, 2020 May 6, 2020 May 27, 2020 $0.6 normal
Feb 5, 2020 Feb 14, 2020 Feb 28, 2020 $0.6 normal
Nov 5, 2019 Nov 14, 2019 Nov 29, 2019 $0.6 normal
Aug 5, 2019 Aug 9, 2019 Aug 29, 2019 $0.6 normal
Mar 20, 2019 Apr 4, 2019 Apr 26, 2019 $1 normal
Dec 12, 2018 Jan 4, 2019 Jan 31, 2019 $1 normal
Sep 18, 2018 Oct 5, 2018 Oct 29, 2018 $1 normal
Jun 19, 2018 Jul 5, 2018 Jul 26, 2018 $1 normal
Mar 20, 2018 Apr 5, 2018 Apr 27, 2018 $1 normal
Dec 13, 2017 Jan 4, 2018 Jan 25, 2018 $1 normal
Sep 22, 2017 Oct 6, 2017 Oct 26, 2017 $1.2 normal
Jun 20, 2017 Jul 5, 2017 Jul 27, 2017 $1.2 normal
Mar 21, 2017 Apr 5, 2017 Apr 28, 2017 $1.2 normal
Dec 14, 2016 Jan 4, 2017 Jan 27, 2017 $1.2 normal
Sep 20, 2016 Oct 12, 2016 Oct 27, 2016 $1.5 normal
Jun 21, 2016 Jul 5, 2016 Jul 28, 2016 $1.5 normal

Dividend payouts

Payout ratio

Portman Ridge Finance's payout ratio of 17.7% is below the Financial Services sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)