Is PGIM Floating Rate Income stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, PGIM Floating Rate Income pays dividends. Last time was Monday 7th of October 2024 where the investors holding the stock on Tuesday 1st of October 2024 were paid $0.33983 per share. Over the last 28 times between 2022 and 2024, PGIM Floating Rate Income has paid $9.98741 with an average of $0.36 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for PGIM Floating Rate Income 10 years ago, but if you had invested on Tuesday 24th of May 2022 when the price was $49.89, you would have made a profit of $0.810 per share or 1.62%
No, the average daily trading liquidity for PGIM Floating Rate Income is $8 553 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
PGIM Floating Rate Income has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for PGIM Floating Rate Income to be low [0 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.