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Pioneer Floating Rate Trust Stock Dividends Overview

PHD pays dividends monthly. Last paid amount was $0.0925 at Apr 30, 2024. As of today, dividend yield (TTM) is 13.13%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 13.13%
Frequency Monthly
1Y Growth 2.78%
Payout Ratio 0
Amount Per Share $0.0925
Next Ex-Dividend Date May 16, 2024
Next Payment Date May 31, 2024

PHD Dividend Payout History

To ensure a understanding of PHD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
61 May 06, 2019 May 15, 2019 May 31, 2019 $0.0600 0.582%
62 Apr 05, 2019 Apr 16, 2019 Apr 30, 2019 $0.0600 0.559%
63 Mar 06, 2019 Mar 18, 2019 Mar 29, 2019 $0.0600 0.577%
64 Feb 06, 2019 Feb 19, 2019 Feb 28, 2019 $0.0600 0.563%
65 Jan 08, 2019 Jan 17, 2019 Jan 31, 2019 $0.0600 0.580%
66 Dec 04, 2018 Dec 12, 2018 Dec 20, 2018 $0.0600 0.620%
67 Nov 06, 2018 Nov 15, 2018 Dec 03, 2018 $0.0600 0.574%
68 Oct 04, 2018 Oct 16, 2018 Oct 31, 2018 $0.0600 0.569%
69 Sep 06, 2018 Sep 17, 2018 Sep 28, 2018 $0.0600 0.544%
70 Aug 06, 2018 Aug 16, 2018 Aug 31, 2018 $0.0600 0.544%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (76.14%)

Growth potential

Decrease likely (23.20%)

PHD Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PHD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PHD stock here.

Comparing PHD to Sector and Country

PHD pays a solid dividend yield of 13.13%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). PHD’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%).

PHD Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
PHD
Pioneer Floating Rate Trust 120.903M $0.0925 13.13% 84.20%
TSI
TCW Strategic Income Fund Inc 221.246M $0.0600 6.32% -

FAQ

What factors can affect the amount of PHD's dividend payments?
The amount of PHD's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PHD sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PHD stock be automatically reinvested?
If PHD offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PHD stock.

How often does PHD pay dividend?
Pioneer Floating Rate Trust (PHD) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 16, 2024, with an amount of $0.0925.

How much does PHD pays per share?
The last recorder (Apr 18, 2024) dividend per share was $0.0925.

What is PHD dividend growth rate?
Over the last year, Pioneer Floating Rate Trust has witnessed growth rate of 2.78% . Looking back over the past 3 years, this growth rate has been 13.66%. Furthermore, examining the past 5 years, Pioneer Floating Rate Trust has maintained an average Dividends Per Share Growth Rate of 7.98%.
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About Pioneer Floating Rate Trust

Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was formed on October 6, 2004 and is domiciled in the Unite... PHD Profile

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