PennantPark Floating Rate Capital Ltd. (PFLT)
PennantPark Floating Rate Capital Ltd. (PFLT) is a business development company that primarily provides debt financing to small and mid-sized private companies. It focuses on floating rate investments, aiming to deliver income through secured loans and debt instruments, often in the form of senior secured debt and mezzanine loans. PFLT seeks to generate income and capital appreciation by investing in businesses across various industries.
Dividend History
Investors can expect a dividend payout of $0.10 per share, scheduled to be distributed in 11 days on October 1, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 1, 2025 | $0.10 | 2025-09-15 | 2025-09-15 |
| September 2, 2025 | $0.10 | 2025-08-15 | 2025-08-15 |
| August 1, 2025 | $0.10 | 2025-07-15 | 2025-07-15 |
| July 1, 2025 | $0.10 | 2025-06-16 | 2025-06-16 |
| June 2, 2025 | $0.10 | 2025-05-15 | 2025-05-15 |
Dividends Summary
- PennantPark Floating Rate Capital Ltd. has issued 180 dividend payments over the past 14 years
- The most recent dividend was paid 18 days ago, on September 2, 2025
- The highest dividend payed out to investors during this period was $0.1025 per share
- The average dividend paid during this period was $0.09 per share.
Company News
PennantPark Floating Rate Capital Ltd. declared a monthly distribution of $0.1025 per share, payable on October 1, 2025, to stockholders of record as of September 15, 2025. The distribution will be from taxable net investment income.
The article recommends investing in three high-yield dividend stocks - AGNC Investment, PennantPark Floating Rate Capital, and Realty Income - to generate $300 in monthly dividend income with an initial investment of $32,850. The stocks offer yields ranging from 5.6% to 15.5% and are considered safe and consistent dividend payers.
The article discusses three business development companies (BDCs) that offer high dividend yields without complex investment strategies. The BDCs are BlackRock TCP Capital Corp (TCPC), Crescent Capital BDC (CCAP), and PennantPark Floating Rate Capital (PFLT).
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