Pioneer Floating Rate Trust (NYSE:PHD) recently announced a dividend of $0.09 per share, payable on 2023-10-31, with the ex-dividend date set for 2023-10-17. As investors anticipate this forthcoming payment, the spotlight is also cast on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's dive into Pioneer Floating Rate Trust's dividend performance and assess its sustainability.
Pioneer Floating Rate Trust (NYSE:PHD) has recently announced a dividend of $0.09 per share, set to be paid out on 2023-09-29, with the ex-dividend date marked for 2023-09-19. As investors eagerly anticipate this forthcoming payment, it's crucial to delve into the company's dividend history, yield, and growth rates. This article, leveraging data from GuruFocus, provides an in-depth look into Pioneer Floating Rate Trust's dividend performance and examines its sustainability.