PennantPark Floating Rate Capital Declares Consistent Dividend with 13.06% Yield

PennantPark Floating Rate Capital (PFLT) maintains a robust dividend yield of 13.06% while expanding its scale through a $250 million acquisition and new joint venture. Despite recent earnings exceeding expectations, financial metrics indicate potential risks, including high debt levels and a low Piotroski F-Score. The company's valuation metrics suggest a neutral market sentiment, with the stock trading near its 50-day moving average. Investors should consider the company's financial health, sector-specific risks, and volatility.