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

Rhea-AI Summary

PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for November 2025, payable on December 1, 2025 to shareholders of record on November 17, 2025. The company expects the distribution to be paid from taxable net investment income. Final tax characteristics will be reported on Form 1099 after year-end and in the company's SEC periodic report. As a regulated investment company (RIC), portions that qualify as interest-related dividends may be exempt from U.S. withholding for non-U.S. holders with proper documentation.

Positive

• Declared distribution of $0.1025 per share
• Payable on December 1, 2025 to record holders Nov 17
• Distribution expected from taxable net investment income

Negative

• Final tax characteristics not available until year-end Form 1099
• Distribution is expected to be taxable to U.S. shareholders

MIAMI, Nov. 04, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for November 2025 of $0.1025 per share, payable on December 1, 2025 to stockholders of record as of November 17, 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 is a leading middle market credit platform, managing 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.

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 dividend did PennantPark Floating Rate Capital (PFLT) declare for November 2025?

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

When is the PFLT November 2025 distribution payable and who is eligible?

The distribution is payable December 1, 2025 to shareholders of record on November 17, 2025.

Is the PFLT November 2025 distribution taxable for U.S. shareholders?

The company expects the distribution will be paid from taxable net investment income, so U.S. shareholders should expect taxable income.

Will any portion of PFLT's November 2025 distribution be exempt from U.S. withholding tax for non-U.S. holders?

Yes; portions qualifying as interest-related dividends may be exempt from U.S. withholding for non-U.S. holders with proper documentation.

When will PFLT disclose the final tax breakdown of the November 2025 distribution?

Final tax characteristics will be reported on Form 1099 after year-end and in the company’s SEC periodic report.

Where can investors find more details about PFLT’s distribution tax treatment?

Tax characteristics and details are available on PFLT’s website at www.pennantpark.com and in SEC filings.