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Portman Ridge Finance (FRA:KJ7A) Dividend Payout Ratio : 0.93 (As of Dec. 2023)


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What is Portman Ridge Finance Dividend Payout Ratio?

Portman Ridge Finance's dividend payout ratio for the months ended in Dec. 2023 was 0.93.

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.

The historical rank and industry rank for Portman Ridge Finance's Dividend Payout Ratio or its related term are showing as below:

FRA:KJ7A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.29   Max: 5.11
Current: 2.29


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.

FRA:KJ7A's Dividend Payout Ratio is ranked worse than
87.5% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:KJ7A: 2.29

As of today (2024-05-06), the Dividend Yield % of Portman Ridge Finance is 14.38%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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


Portman Ridge Finance Dividend Payout Ratio Historical Data

The historical data trend for Portman Ridge Finance's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Portman Ridge Finance Dividend Payout Ratio Chart

Portman Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.38 0.79 - 2.29

Portman Ridge Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 70.56 - 0.89 0.93

Competitive Comparison of Portman Ridge Finance's Dividend Payout Ratio

For the Asset Management subindustry, Portman Ridge Finance's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's Dividend Payout Ratio falls into.



Portman Ridge Finance Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=2.522/ 1.1
=2.29

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

* 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 (FRA:KJ7A) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Portman Ridge Finance Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Portman Ridge Finance's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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