Down 54% From Its All-Time High, This Ultra-High-Yield Dividend Stock Under $30 Is a Screaming Buy Right Now

For income investors seeking high yields, PennantPark Floating Rate Capital (NYSE: PFLT) presents an attractive opportunity. Trading at $8.33, it offers a compelling 15% yield, supported by a floating-rate portfolio and a joint venture aimed at boosting earnings. Despite a planned dividend reset, the company maintains a strong...