Portman Ridge Finance (Portman Ridge Finance) Buyback Yield % : 2.47 (As of May. 27, 2024)

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What is Portman Ridge Finance Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Portman Ridge Finance's current buyback yield was 2.47%.

Portman Ridge Finance Buyback Yield % Historical Data

The historical data trend for Portman Ridge Finance's Buyback Yield % 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.

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Portman Ridge Finance Buyback Yield % Chart

Portman Ridge Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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0.20

-0.91

1.57

2.55

Portman Ridge Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															1.61	1.16	2.68	4.19	2.15

Competitive Comparison of Portman Ridge Finance's Buyback Yield %

For the Asset Management subindustry, Portman Ridge Finance's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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 Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's Buyback Yield % falls into.

Portman Ridge Finance Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Portman Ridge Finance's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-4.355	+	0)	/	170.6791347
	=	2.55%

Portman Ridge Finance's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.953	+	0)	*	4	/	177.1236376
	=	2.15%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

Portman Ridge Finance Buyback Yield % Related Terms

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Portman Ridge Finance (Portman Ridge Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Portman Ridge Finance Corp (NAS:PTMN) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

KJ7A:Germany

Address

650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022

Website

https://www.portmanridge.com

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.

Executives

Repertoire Partners Lp	10 percent owner	31 HUDSON YARDS, 11TH FLOOR SUITE #43, NEW YORK NY 10001
Repertoire Master Fund Lp	10 percent owner	345 CALIFORNIA STREET, SUITE 600, SAN FRANCISCO CA 94104
Tricia Nicole Hazelwood	director	154 EAST 66TH STREET, NEW YORK NY 10065
Jennifer Kwon Chou	director	C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer	officer: Chief Investment Officer	650 MADISON AVENUE, NEW YORK NY 10022
David Held	officer: Chief Compliance Officer	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Jason T Roos	officer: CFO, Treasurer and Secretary	23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
Joseph Morea	director	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Matthew Joseph Westwood	director	56 WATERFRONT DRIVE, PITTSBURGH PA 15222
Edward J. Goldthorpe	director, officer: President, CEO	650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer	director	8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Alexander Duka	director	650 MADISON AVENUE, NEW YORK NY 10022
Christopher Lacovara	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Andrew Devine	officer: Chief Compliance Officer	650 MADISON AVENUE, NEW YORK NY 10022
George Grunebaum	director	C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE