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

PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for May 2026, payable June 1, 2026, to holders of record as of May 15, 2026.

Rhea-AI Summary

PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for May 2026, payable June 1, 2026, to holders of record as of May 15, 2026. The distribution is expected to be paid from taxable net investment income.

The company operates as a RIC and says portions of distributions representing interest-related dividends may be exempt from U.S. withholding tax for non-U.S. holders with proper documentation. Final tax characteristics will be reported on Form 1099 and in SEC filings.

Positive

• Monthly distribution of $0.1025 per share
• Payable June 1, 2026 to record holders on May 15, 2026
• Taxable net investment income expected source of the distribution

Negative

• None.

Argus May 5 session

-0.33% close to close 0.8x rel. volume Open Argus

Details

News Market Reaction – PFLT

On May 5, the first trading day after this news, PFLT closed 0.33% below the previous close.

Data tracked by StockTitan Argus for the May 5 session.

Key Figures

Monthly distribution: $0.1025 per share Payment date: June 1, 2026 Record date: May 15, 2026 +5 more

Monthly distribution

$0.1025 per share

Declared for May 2026

Payment date

June 1, 2026

Dividend payable date

Record date

May 15, 2026

Shareholder record date for distribution

Investable capital

Approximately $10 billion

Managed by PennantPark Investment Advisers, LLC

Inception year

2007

PennantPark Investment Advisers, LLC inception

Current share price

$9.07

Pre-news market context

52-week range

$7.68 – $10.875

Pre-news trading range

Market cap

$871,133,127

Pre-news equity value

Historical Context

5 past events · Latest: Apr 06

5 events

1. Apr 06

   Earnings timing update

   24h Move

   -0.2%

   Announced schedule and call details for Q2 2026 earnings release.

2. Apr 02

   Monthly distribution

   24h Move

   +2.2%

   Declared April 2026 cash distribution of $0.1025 per share.

3. Mar 03

   Monthly distribution

   24h Move

   +1.3%

   Declared March 2026 distribution of $0.1025 per share from net income.

4. Feb 26

   CLO refinancing

   24h Move

   +0.1%

   Reset $356.5M securitization to extend maturity and lower funding costs.

5. Feb 24

   Notes offering

   24h Move

   +2.3%

   Priced $200M 6.75% notes due 2029 for refinancing and investments.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

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

6 terms

regulated investment company financial

"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.

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.

u.s. withholding tax regulatory

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

U.S. withholding tax is an automatic tax taken at the source from payments such as dividends, interest or sale proceeds paid to non-U.S. persons or certain accounts, similar to having a portion of a paycheck held back before you get it. It matters to investors because it reduces the cash they receive from U.S. securities and can affect net returns; some or all of the withheld amount may be reduced or reclaimed through tax treaties or filings, so understanding it influences investment decisions and expected income.

business development company financial

"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.

floating rate senior secured loans financial

"invests ... in the form of floating rate senior secured loans, including first lien..."

A floating rate senior secured loan is a type of loan a company takes where the interest rate moves up or down with a market benchmark, the loan has first claim on repayment ahead of other creditors, and it is backed by specific assets as collateral. For investors this means income that adjusts when interest rates change, stronger protection if the borrower runs into trouble, and typically lower risk and yield than unsecured or junior debt—think of it like an adjustable-rate mortgage that gets paid back first and is tied to a pledged asset.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MIAMI, May 04, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for May 2026 of $0.1025 per share, payable on June 1, 2026 to stockholders of record as of May 15, 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the May 2026 distribution announced by PennantPark Floating Rate Capital (PFLT)?

The company declared a $0.1025 per share monthly distribution for May 2026. According to the company, the distribution is payable on June 1, 2026 to stockholders of record as of May 15, 2026.

Is the PFLT May 2026 distribution taxable and how will tax details be reported?

The distribution is expected to be paid from taxable net investment income. According to the company, final tax characteristics will be reported to shareholders on Form 1099 and in its SEC periodic report.

Will non-U.S. shareholders of PFLT be subject to U.S. withholding on the May 2026 distribution?

Portions representing interest-related dividends may be exempt from U.S. withholding tax for non-U.S. holders with proper documentation. According to the company, eligibility depends on the distribution's final tax characterization and documentation.

When must I be a shareholder to receive the PFLT June 1, 2026 payment?

You must be a stockholder of record by May 15, 2026 to receive the payment. According to the company, the distribution will be paid on June 1, 2026 to those record holders.

Where can investors find details about the tax treatment of PFLT's May 2026 distribution?

The company directs investors to its website and SEC filings for tax details. According to the company, final tax characteristics will also appear on Form 1099 after year-end.