PTMN Portman Ridge Finance dividend history, payout ratio & dates
Portman Ridge Finance's latest dividend was on Nov 19, 2024 (ex-date) with a payout of $0.69 per share. On an annualized basis, the company has a current payout of $2.76 per share. This brings the dividend yield to 16.21% based on its recent close price.
Key dates
- PTMN last dividend date: Nov 19, 2024
PTMN dividend stats
vs. Financial Services sector
Dividend yield
Portman Ridge Finance's dividend yield of 16.21% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.58%, Portman Ridge Finance's dividend yield is 528% higher. The historical 5-year average of PTMN's dividend yield is 13.8%, which is less than the current one.
Dividend history
Portman Ridge Finance has been paying dividends since 2007. PTMN has distributed four dividends in the past year. The annualized dividend per share has an increase of 0.4% since twelve months ago. But with the price of the stock up by 1.8% from a year ago, the dividend yield has a decrease of 1.4%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 19, 2024 | $0.69 | 15.93% |
| Aug 22, 2024 | $0.69 | 14.74% |
| May 20, 2024 | $0.69 | 14.02% |
| Mar 22, 2024 | $0.69 | 14.78% |
| Nov 17, 2023 | $0.69 | 16.48% |
| Aug 21, 2023 | $0.69 | 13.78% |
| May 19, 2023 | $0.69 | 13.19% |
| Mar 17, 2023 | $0.68 | 12.67% |
| Nov 22, 2022 | $0.67 | 11.61% |
| Aug 15, 2022 | $0.63 | 10.7% |
| May 23, 2022 | $0.63 | 11.21% |
| Mar 18, 2022 | $0.63 | 10.37% |
| Nov 12, 2021 | $0.62 | 9.66% |
| Aug 16, 2021 | $0.6 | 9.8% |
| May 18, 2021 | $0.6 | 10.21% |
| Feb 19, 2021 | $0.6 | 11.94% |
| Oct 23, 2020 | $0.6 | 21.58% |
| Aug 14, 2020 | $0.6 | 20% |
| May 6, 2020 | $0.6 | 21.62% |
| Feb 14, 2020 | $0.6 | 12.07% |
| Nov 14, 2019 | $0.6 | 14.81% |
| Aug 9, 2019 | $0.6 | 15.45% |
| Apr 4, 2019 | $1 | 12.7% |
| Jan 4, 2019 | $1 | 11.53% |
| Oct 5, 2018 | $1 | 12.23% |
| Jul 5, 2018 | $1 | 12.96% |
| Apr 5, 2018 | $1 | 13.84% |
| Jan 4, 2018 | $1 | 13.33% |
| Oct 6, 2017 | $1.2 | 12.73% |
| Jul 5, 2017 | $1.2 | 14.45% |
| Apr 5, 2017 | $1.2 | 13.71% |
| Jan 4, 2017 | $1.2 | 13.94% |
| Oct 12, 2016 | $1.5 | 13.3% |
| Jul 5, 2016 | $1.5 | 17.01% |
| Apr 5, 2016 | $1.5 | 21.36% |
| Jan 4, 2016 | $1.5 | 30.87% |
| Oct 9, 2015 | $2.1 | 25.54% |
| Jul 1, 2015 | $2.1 | 24.18% |
| Apr 1, 2015 | $2.1 | 22.2% |
| Mar 11, 2015 | $4.609 | 20.18% |
Portman Ridge Finance dividend payout ratio
Payout ratio
Portman Ridge Finance's payout ratio of 745.9% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 44%, Portman Ridge Finance's payout ratio is 1,595% higher.
Total amount of dividends paid per financial year (from cash flow)
PTMN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OFS OFS Capital Corp | 16.92% | $1.36 | N/A |
| PTMN Portman Ridge Finance Corp | 16.21% | $2.76 | 745.9% |
| OCSL Oaktree Specialty Lending Corp | 14.14% | $2.2 | 305.6% |
Frequently asked questions
Does Portman Ridge Finance pay a dividend?
Yes, Portman Ridge Finance has been paying dividends for the last 17 years.
When was PTMN's last dividend?
Portman Ridge Finance's last regular dividend was on Nov 19, 2024 (ex-date) with the amount of $0.69 per share.
How much dividend does Portman Ridge Finance pay (per share)?
PTMN's annualized dividend per share is $2.76.
What is Portman Ridge Finance's dividend yield?
The current dividend yield of Portman Ridge Finance is 16.21%.
How often does Portman Ridge Finance pay dividends?
Portman Ridge Finance has a quarterly dividend frequency.
What is Portman Ridge Finance's dividend payout ratio?
The dividend payout ratio of Portman Ridge Finance is 745.9%.
Does Portman Ridge Finance pay a good dividend?
Portman Ridge Finance's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.