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Pennantpark $ ( (PFLT) ) has shared an announcement.
PennantPark Floating Rate Capital Ltd. announced its monthly distribution of $0.1025 per share for February 2025, which will be payable on March 3, 2025, to stockholders of record as of February 18, 2025. The distribution, expected to be paid from taxable net investment income, may include qualified interest income and short-term capital gains exempt from U.S. withholding tax for non-U.S. stockholders. This announcement highlights PennantPark’s ongoing commitment to providing consistent returns to its investors while navigating the complexities of tax regulations for non-U.S. stakeholders.
More about Pennantpark $
PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt. It is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing $9.0 billion of investable capital. The company provides creative and flexible financing solutions and is headquartered in Miami with offices in New York, Chicago, Houston, Los Angeles, and Amsterdam.
YTD Price Performance: 2.49%
Average Trading Volume: 863,531
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $923.9M
For a thorough assessment of PFLT stock, go to TipRanks’ Stock Analysis page.
