Jepq, pflt and bma which stock is the best dividend ?
7/7/2024 12:01am
Based on the dividend characteristics analyzed, PennantPark Floating (PFLT) appears to be the superior dividend stock among Jepq, Pflt, and Bma.
1. **High Dividend Yield**: PennantPark Floating has a dividend yield of 11.42% as of July 3, 2024. This is significantly higher than Macro Bank's (BMA) yield of 8.24%, and it suggests that PFLT offers a more attractive dividend payment relative to its stock price.
|Ticker|Name|Dividend Yield (TTM)|Date|code|market_code|
|---|---|---|---|---|---|
|PFLT.N|PennantPark Floating|11.418166238217653|20240703|PFLT|169|
|BMA.N|Macro Bank|8.241174460431655|20240703|BMA|169|
2. **Low Dividend Payout Ratio**: PennantPark Floating's dividend payout ratio is 16.4%, which is much lower than Macro Bank's 34.96%. A lower payout ratio indicates that a company retains more earnings to support future growth and can afford to pay higher dividends without compromising financial health.
|Ticker|Name|Payout Ratio|Date|code|market_code|
|---|---|---|---|---|---|
|BMA.N|Macro Bank|34.96439904607891|20240331|BMA|169|
|PFLT.N|PennantPark Floating|16.401975911996285|20240331|PFLT|169|
3. **Stable Dividend Growth**: Both PFLT and BMA have a dividend growth duration of 1 year, indicating that they have maintained a consistent dividend growth trajectory over the past year. However, PennantPark Floating has a longer dividend continuous duration of 2 years, which suggests a more stable dividend history.
|Ticker|Name|Dividend Growth Duration|Date|code|market_code|
|---|---|---|---|---|---|
|PFLT.N|PennantPark Floating|1||PFLT|169|
|BMA.N|Macro Bank|1||BMA|169|
|Ticker|Name|Dividend Continuous Duration|Date|code|market_code|
|---|---|---|---|---|---|
|BMA.N|Macro Bank|10||BMA|169|
|PFLT.N|PennantPark Floating|2||PFLT|169|
4. **Dividend Growth Rate**: The dividend yield (TTM) quarterly growth rate for PennantPark Floating is -0.77%, while for Macro Bank it is -1.42%. Although both show a slight decline, the smaller decline for PFLT may indicate a more sustainable dividend strategy.
|Ticker|Name|Dividend Yield (TTM) QoQ growth rate|Date|code|market_code|
|---|---|---|---|---|---|
|PFLT.N|PennantPark Floating|-0.7712082262210672|20240703|PFLT|169|
|BMA.N|Macro Bank|-1.4208633093525287|20240703|BMA|169|
In conclusion, PennantPark Floating (PFLT) offers a higher dividend yield, a lower dividend payout ratio, stable dividend growth, and a slightly better dividend growth rate compared to Macro Bank (BMA). These factors combined make PennantPark Floating the top choice for dividend investors among Jepq, Pflt, and Bma.