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Portman Ridge Finance (FRA:KJ7A) 3-Year Dividend Growth Rate : 4.60% (As of Dec. 2023)


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What is Portman Ridge Finance 3-Year Dividend Growth Rate?

Portman Ridge Finance's Dividends per Share for the three months ended in Dec. 2023 was €0.63.

The historical rank and industry rank for Portman Ridge Finance's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:KJ7A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -27.2   Med: -17.05   Max: 15.9
Current: 4.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Portman Ridge Finance was 15.90% per year. The lowest was -27.20% per year. And the median was -17.05% per year.

FRA:KJ7A's 3-Year Dividend Growth Rate is ranked better than
62.87% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs FRA:KJ7A: 4.60

During the past 12 months, Portman Ridge Finance's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -15.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Portman Ridge Finance's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.93. As of today, Portman Ridge Finance's Dividend Yield % is 14.38%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Portman Ridge Finance Corp is 2.29, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Portman Ridge Finance's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Portman Ridge Finance's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Portman Ridge Finance's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's 3-Year Dividend Growth Rate falls into.



Portman Ridge Finance 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Portman Ridge Finance  (FRA:KJ7A) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Portman Ridge Finance's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.633/ 0.679
=0.93

During the past 13 years, the highest Dividend Payout Ratio of Portman Ridge Finance was 5.11. The lowest was 0.38. And the median was 2.29.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Portman Ridge Finance Corp is 2.29, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Portman Ridge Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6900002024-03-222024-03-252024-04-02Cash DividendquarterlyUSD:EUR 0.920000
USD 0.6900002023-11-172023-11-202023-11-30Cash DividendquarterlyUSD:EUR 0.924000
USD 0.6900002023-08-212023-08-222023-08-31Cash DividendquarterlyUSD:EUR 0.917000
USD 0.6900002023-05-192023-05-222023-05-31Cash DividendquarterlyUSD:EUR 0.920000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Portman Ridge Finance's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.53989/17.80
=14.27 %

Current Share Price is €17.80.
Portman Ridge Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.53989.

During the past 13 years, the highest Dividend Yield of Portman Ridge Finance was 29.33%. The lowest was 9.24%. And the median was 13.33%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Portman Ridge Finance 3-Year Dividend Growth Rate Related Terms>


Portman Ridge Finance (FRA:KJ7A) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The primary investment objective of the firm is to generate current income and capital appreciation by lending directly to privately-held middle-market companies. It invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies, asset management companies, and debt and subordinated securities.

Portman Ridge Finance (FRA:KJ7A) Headlines

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