PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Rhea-AI Summary

PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for December 2025, payable on January 2, 2026 to holders of record as of December 15, 2025. The Company expects the distribution to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 and in its SEC filings.

The company operates as a regulated investment company (RIC) investing primarily in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages approximately $10 billion of investable capital. Non-U.S. stockholders may receive interest-related dividends that can be exempt from U.S. withholding tax with proper documentation.

Positive

• Monthly distribution declared at $0.1025 per share
• Payment date set for January 2, 2026 to holders of record on Dec 15, 2025
• Distribution expected from taxable net investment income (not return of capital)
• PennantPark Investment Advisers manages approximately $10 billion of investable capital
• RIC structure allows interest-related dividends potentially exempt from U.S. withholding tax for qualified non-U.S. holders

Negative

• None.

Insights

Dividend & Credit Analyst

PennantPark declares a routine monthly distribution of $0.1025 per share payable Jan 2, 2026.

The company will pay a monthly dividend of $0.1025 per share to holders of record on Dec 15, 2025, with payment expected to come from taxable net investment income. As a regulated investment company (RIC) focused on floating‑rate middle‑market loans, the payout aligns with its income generation model and typical cash distribution pattern.

Key dependencies and risks include the tax characterization (final details will appear on Form 1099 and SEC filings) and the underlying interest income from the portfolio; changes to portfolio cash yield or tax law could alter future distributions. Watch the Form 1099 and the Company’s next periodic SEC report around year‑end for exact tax breakdowns and the January payment on Jan 2, 2026.

MIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for December 2025 of $0.1025 per share, payable on January 2, 2026 to stockholders of record as of December 15, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation.

The specific tax characteristics of this distribution can be found on our website www.pennantpark.com.

ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.

PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.

ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

PennantPark Investment Advisers, LLC, a leading middle market credit platform, and its affiliates, manage approximately $10 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles, Amsterdam, and Zurich. For more information about PennantPark and affiliates, please go to our website at www.pennantpark.com.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Floating Rate Capital Ltd. files under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice.

CONTACT:
Richard T. Allorto, Jr.
PennantPark Floating Rate Capital Ltd.
(212) 905-1000
www.pennantpark.com

FAQ

What distribution did PennantPark Floating Rate Capital (PFLT) declare for December 2025?

PFLT declared a monthly distribution of $0.1025 per share for December 2025.

When will PFLT's December 2025 distribution be paid and who is eligible?

The distribution is payable on January 2, 2026 to stockholders of record as of December 15, 2025.

How will PFLT characterize the December 2025 distribution for tax purposes?

The company expects the distribution to be paid from taxable net investment income; final tax details will appear on Form 1099 and SEC filings.

Is PFLT's distribution subject to U.S. withholding tax for non-U.S. investors?

Interest-related dividends from the RIC may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation.

What does PennantPark Floating Rate Capital primarily invest in and who manages it?

PFLT primarily invests in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages about $10 billion of investable capital.