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 February 2026, payable March 2, 2026 to holders of record on February 17, 2026. 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; interest-related dividends and short-term capital gains may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation. The adviser manages approximately $10 billion of investable capital and the company invests primarily in U.S. middle-market floating-rate senior secured loans.

Positive

• Declared monthly distribution of $0.1025 per share
• Distribution payable on March 2, 2026 to record holders as of Feb 17, 2026
• Company expects payment from taxable net investment income
• Interest-related dividends and short-term capital gains may be exempt from U.S. withholding tax for eligible non-U.S. stockholders

Negative

• Final tax characteristics not yet determined; will be reported on Form 1099 after year-end
• Distribution described as paid from taxable net investment income, indicating taxable treatment for many shareholders

News Market Reaction

+2.04%

1 alert

+2.04% News Effect

On the day this news was published, PFLT gained 2.04%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.1025 per share Payable date: March 2, 2026 Record date: February 17, 2026 +1 more

4 metrics

Monthly distribution $0.1025 per share February 2026 distribution declaration

Payable date March 2, 2026 Payment date for February 2026 distribution

Record date February 17, 2026 Record date for February 2026 distribution

Investable capital $10 billion Capital managed by PennantPark Investment Advisers and affiliates

Market Reality Check

Price: $9.51 Vol: Volume 1,475,087 is 1.4x ...

normal vol

$9.51 Last Close

Volume Volume 1,475,087 is 1.4x the 20-day average of 1,055,309, indicating elevated trading activity pre-announcement. normal

Technical Shares at 9.36 are trading below the 200-day MA of 9.77 and about 18.61% under the 52-week high of 11.50.

Peers on Argus

PFLT fell 0.85% with several asset-management peers also lower: BCSF -1.53%, JFR...

PFLT fell 0.85% with several asset-management peers also lower: BCSF -1.53%, JFR -0.88%, KBDC -1.27%, NMFC -0.35%, while AWF was modestly higher (0.28%). This points to a generally weak sector backdrop rather than a company-specific reaction.

Historical Context

5 past events · Latest: Jan 06 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 06	Earnings date set	Neutral	-1.5%	Scheduled release and call for Q1 2026 financial results.
Jan 05	Monthly distribution	Neutral	+0.6%	Declared January 2026 monthly distribution of $0.1025 per share.
Dec 02	Monthly distribution	Neutral	+2.6%	Declared December 2025 monthly distribution of $0.1025 per share.
Nov 24	Earnings results	Neutral	-1.0%	Reported FY 2025 results including NAV, NII, portfolio size and yields.
Nov 04	Monthly distribution	Neutral	+0.2%	Declared November 2025 monthly distribution of $0.1025 per share.

Pattern Detected

Routine monthly distribution announcements of $0.1025 per share have historically produced modest, mixed price reactions, suggesting the dividend is well-anticipated by the market.

Recent Company History

Over the past few months, PFLT has regularly announced a monthly distribution of $0.1025 per share, typically funded from taxable net investment income, with small positive or negative price moves around each release. An earnings report on Nov 24, 2025 detailed portfolio and income metrics, followed by additional distribution notices and scheduling of the upcoming Q1 2026 results. Today’s February 2026 distribution fits this pattern of steady income messaging within a middle-market floating-rate loan strategy.

Market Pulse Summary

This announcement continues PFLT’s pattern of monthly distributions of $0.1025 per share, expected t...

Analysis

This announcement continues PFLT’s pattern of monthly distributions of $0.1025 per share, expected to be paid from taxable net investment income and accompanied by specific tax reporting on Form 1099. The company operates as a regulated investment company focused on U.S. middle-market floating-rate loans, with its adviser managing about $10 billion of investable capital. Investors may watch upcoming earnings on previously scheduled dates and any changes to distribution levels or portfolio performance metrics.

Key Terms

regulated investment company, short-term capital gains, withholding tax, form 1099, +2 more

6 terms

regulated investment company regulatory

"The Company, which operates as a regulated investment company (“RIC”), generates..."

A regulated investment company is a type of pooled investment (like a mutual fund or ETF) that meets specific tax-law rules allowing it to pass most income, gains and losses directly to shareholders instead of being taxed at the company level. For investors this matters because it affects how distributions are taxed, how often income is paid, and the overall net return—think of it like a collective account that funnels earnings straight to owners rather than keeping profits inside a separate corporate layer.

short-term capital gains financial

"generates qualified interest income and short-term capital gains that may be exempt..."

Profit from selling an investment held for a short period that is taxed at ordinary income rates rather than the lower long-term rates. Think of it like flipping a gadget quickly for a gain: because you didn’t hold it long, the taxman treats the profit like regular pay, which can reduce the after-tax return and influence decisions about how long investors keep assets.

withholding tax regulatory

"may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders."

Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.

form 1099 regulatory

"tax characteristics of the distribution will be reported to stockholders on Form 1099..."

Form 1099 is a set of U.S. tax forms used by financial institutions and payers to report income paid to an individual or entity that isn’t a regular paycheck, such as dividends, interest, bond or stock sale proceeds, and certain miscellaneous payments. For investors it acts like a formal receipt summarizing taxable events for the year, so it matters for calculating tax liability, verifying broker statements, and keeping accurate records of after‑tax returns.

business development company regulatory

"is a business development company which primarily invests in U.S. middle-market..."

A business development company is a publicly traded investment vehicle that lends to and buys stakes in smaller or privately held companies, acting like a combination of a lender, investor, and business partner. It matters to investors because BDCs offer the potential for higher regular income through dividends and diversified exposure to growing businesses, but they can also carry greater credit and liquidity risk than typical stocks or bonds—think higher-yielding but riskier income instruments.

forward-looking statements regulatory

"This press release may contain “forward-looking statements” within the meaning..."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

MIAMI, Feb. 03, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for February 2026 of $0.1025 per share, payable on March 2, 2026 to stockholders of record as of February 17, 2026. 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 February 2026?

The company declared a monthly distribution of $0.1025 per share. According to the company, the payment is payable on March 2, 2026 to stockholders of record as of February 17, 2026.

Is the PFLT February 2026 distribution taxable for shareholders?

Yes — the company expects the distribution to be paid from taxable net investment income. According to the company, final tax treatment will be reported on Form 1099 after the calendar year ends.

Will PFLT distributions be exempt from U.S. withholding tax for non-U.S. shareholders?

Some portions may be exempt when properly documented. According to the company, interest-related dividends and short-term capital gains may qualify for withholding exemption for eligible non-U.S. stockholders.

When will shareholders receive the tax breakdown for PFLT’s February 2026 payment?

Shareholders will receive detailed tax reporting after year-end on Form 1099. According to the company, the final specific tax characteristics will be provided in that Form 1099 and periodic SEC reports.

What does PennantPark Floating Rate Capital (PFLT) primarily invest in?

PFLT primarily invests in U.S. middle-market floating-rate senior secured loans and related debt. According to the company, it may also make subordinated debt and occasional equity investments managed by PennantPark Investment Advisers.