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PTMN Portman Ridge Finance dividend history, payout ratio & dates

Portman Ridge Finance's latest quarterly dividend was on Nov 22, 2022 (ex-date) with a payout of $0.67 per share. On an annualized basis, the company has a current payout of $2.56 per share. This brings the dividend yield to 11.68% based on its recent close price. The latest dividend has an increase of $0.04, or 6% from the prior distribution.

Key dates

  • PTMN last dividend date: Nov 22, 2022
  • PTMN next dividend date: Not announced
PTMN dividend stats
DPS
$2.56
Dividend yield
11.73%
Payout ratio
N/A
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Portman Ridge Finance current dividend yield

Portman Ridge Finance's dividend yield of 11.68% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Portman Ridge Finance's dividend yield is 336% higher. The historical 5-year average of PTMN's dividend yield is 41.9%, which is more than the current one.

Dividend history

What is PTMN dividend payout history and dates

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 6% since twelve months ago. And with the price of the stock down by 11% from a year ago, the dividend yield has an increase of 19%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 22, 2022 Dec 13, 2022 Nov 8, 2022 $0.67 normal
Aug 15, 2022 Sep 2, 2022 Aug 9, 2022 $0.63 normal
May 23, 2022 Jun 7, 2022 $0.63 normal
Mar 18, 2022 Mar 30, 2022 Mar 10, 2022 $0.63 normal
Nov 12, 2021 Nov 30, 2021 Nov 4, 2021 $0.62 normal
Aug 16, 2021 Aug 31, 2021 Aug 5, 2021 $0.6 normal
May 18, 2021 Jun 1, 2021 May 6, 2021 $0.6 normal
Feb 19, 2021 Mar 2, 2021 Feb 12, 2021 $0.6 normal
Oct 23, 2020 Nov 27, 2020 Oct 16, 2020 $0.6 normal
Aug 14, 2020 Aug 28, 2020 Aug 5, 2020 $0.6 normal
May 6, 2020 May 27, 2020 Mar 17, 2020 $0.6 normal
Feb 14, 2020 Feb 28, 2020 Feb 5, 2020 $0.6 normal
Nov 14, 2019 Nov 29, 2019 Nov 5, 2019 $0.6 normal
Aug 9, 2019 Aug 29, 2019 Aug 5, 2019 $0.6 normal
Apr 4, 2019 Apr 26, 2019 Mar 20, 2019 $1 normal
Jan 4, 2019 Jan 31, 2019 Dec 12, 2018 $1 normal
Oct 5, 2018 Oct 29, 2018 Sep 18, 2018 $1 normal
Jul 5, 2018 Jul 26, 2018 Jun 19, 2018 $1 normal
Apr 5, 2018 Apr 27, 2018 Mar 20, 2018 $1 normal
Jan 4, 2018 Jan 25, 2018 Dec 13, 2017 $1 normal
Oct 6, 2017 Oct 26, 2017 Sep 22, 2017 $1.2 normal
Jul 5, 2017 Jul 27, 2017 Jun 20, 2017 $1.2 normal
Apr 5, 2017 Apr 28, 2017 Mar 21, 2017 $1.2 normal
Jan 4, 2017 Jan 27, 2017 Dec 14, 2016 $1.2 normal
Oct 12, 2016 Oct 27, 2016 Sep 20, 2016 $1.5 normal
Jul 5, 2016 Jul 28, 2016 Jun 21, 2016 $1.5 normal

Portman Ridge Finance dividend payouts

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

PTMN dividend vs peer dividends

How does PTMN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PTMN Portman Ridge Finance Corp 11.73% $2.56 N/A
OFS OFS Capital Corp 10.56% $1.11 213.5%

Frequently asked questions

Does Portman Ridge Finance pay a dividend?

Yes, Portman Ridge Finance has been paying dividends for the last 15 years.

When is Portman Ridge Finance's next dividend?

PTMN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2023.

When was PTMN's last dividend?

Portman Ridge Finance's last regular dividend was on Nov 22, 2022 (ex-date) with the amount of $0.67 per share.

How much dividend does Portman Ridge Finance pay (per share)?

PTMN's annualized dividend per share is $2.56.

What is Portman Ridge Finance's dividend yield?

The current dividend yield of Portman Ridge Finance is 11.68%.

How often does Portman Ridge Finance pay dividends?

Portman Ridge Finance has a quarterly dividend frequency.

Does Portman Ridge Finance pay a good dividend?

Portman Ridge Finance's dividend yield is more than the Financial Services sector average.