PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
PennantPark Floating Rate Capital (NYSE: PFLT) has announced its monthly distribution of $0.1025 per share for May 2025. The distribution will be payable on June 2, 2025, to stockholders of record as of May 15, 2025. The payment is expected to be sourced from taxable net investment income.
PFLT operates as a business development company focusing on U.S. middle-market private companies, primarily investing in floating rate senior secured loans. The company is managed by PennantPark Investment Advisers, LLC, a middle market credit platform managing approximately $10 billion of investable capital.
PennantPark Floating Rate Capital (NYSE: PFLT) ha annunciato la sua distribuzione mensile di 0,1025 $ per azione per maggio 2025. La distribuzione sarà pagabile il 2 giugno 2025 agli azionisti registrati al 15 maggio 2025. Il pagamento si prevede sarà finanziato da reddito netto imponibile da investimenti.
PFLT opera come società di sviluppo aziendale focalizzata su società private del mercato medio statunitense, investendo principalmente in prestiti senior garantiti a tasso variabile. La società è gestita da PennantPark Investment Advisers, LLC, una piattaforma di credito per il mercato medio che gestisce circa 10 miliardi di dollari di capitale investibile.
PennantPark Floating Rate Capital (NYSE: PFLT) ha anunciado su distribución mensual de 0,1025 $ por acción para mayo de 2025. La distribución se pagará el 2 de junio de 2025 a los accionistas registrados al 15 de mayo de 2025. Se espera que el pago provenga de ingresos netos imponibles por inversiones.
PFLT opera como una compañía de desarrollo empresarial enfocada en empresas privadas del mercado medio de EE. UU., invirtiendo principalmente en préstamos senior garantizados a tasa variable. La compañía es gestionada por PennantPark Investment Advisers, LLC, una plataforma de crédito para el mercado medio que administra aproximadamente 10 mil millones de dólares en capital invertible.
PennantPark Floating Rate Capital (NYSE: PFLT)는 2025년 5월에 대해 주당 0.1025달러의 월 배당금을 발표했습니다. 배당금은 2025년 6월 2일에 2025년 5월 15일 기준 주주에게 지급될 예정입니다. 지급금은 과세 대상 순투자소득에서 조달될 것으로 예상됩니다.
PFLT는 미국 중간 시장의 비상장 기업에 중점을 둔 사업 개발 회사로, 주로 변동 금리 선순위 담보 대출에 투자합니다. 이 회사는 약 100억 달러의 투자 가능 자본을 관리하는 중간 시장 신용 플랫폼인 PennantPark Investment Advisers, LLC가 관리합니다.
PennantPark Floating Rate Capital (NYSE : PFLT) a annoncé sa distribution mensuelle de 0,1025 $ par action pour mai 2025. La distribution sera versée le 2 juin 2025 aux actionnaires inscrits au registre au 15 mai 2025. Le paiement devrait provenir des revenus nets imposables des investissements.
PFLT opère en tant que société de développement d'affaires axée sur les entreprises privées du marché intermédiaire américain, investissant principalement dans des prêts garantis senior à taux variable. La société est gérée par PennantPark Investment Advisers, LLC, une plateforme de crédit pour le marché intermédiaire gérant environ 10 milliards de dollars de capital investissable.
PennantPark Floating Rate Capital (NYSE: PFLT) hat seine monatliche Ausschüttung von 0,1025 $ pro Aktie für Mai 2025 angekündigt. Die Ausschüttung wird am 2. Juni 2025 an Aktionäre ausgezahlt, die am 15. Mai 2025 im Register stehen. Die Zahlung soll aus steuerpflichtigen Nettoanlageerträgen stammen.
PFLT ist als Business Development Company tätig und konzentriert sich auf US-amerikanische mittelständische Privatunternehmen, wobei hauptsächlich in vorrangige besicherte Kredite mit variablem Zinssatz investiert wird. Das Unternehmen wird von PennantPark Investment Advisers, LLC verwaltet, einer Kreditplattform für den Mittelstand, die etwa 10 Milliarden US-Dollar an investierbarem Kapital verwaltet.
- Consistent monthly dividend payment maintained at $0.1025 per share
- Strong management with approximately $10 billion in investable capital under management
- Tax-efficient structure as a RIC with potential tax benefits for non-U.S. stockholders
- None.
MIAMI, May 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for May 2025 of
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 is a leading middle market credit platform, managing approximately
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
