PennantPark Floating Rate Capital

PFLT

Market cap $956M

MIAMI, Jan. 06, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2025 on Monday, February 9, 2026 after the close of the financial markets.

Dividend stocks have more than doubled the average annual return of non-payers spanning more than half a century. Though ultra-high-yield stocks -- those with yields four or more times greater than the yield of the S&P 500 -- are plentiful, only a select few pay a truly safe dividend.

MIAMI, Jan. 05, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for January 2026 of $0.1025 per share, payable on February 2, 2026 to stockholders of record as of January 16, 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.

PennantPark Floating Rate Capital is downgraded to hold due to persistent NAV declines and unsustainable dividend coverage. PFLT's debt-to-equity ratio surged to 1.66x, driving higher operating costs and eroding net asset value despite strong portfolio credit quality. Net investment income of $0.28 per share failed to cover the $0.3075 equivalent quarterly dividend for three consecutive quarters.

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Over the previous 51 years, dividend stocks have more than doubled the annualized return of non-payers. Although ultra-high-yielding stocks can sometimes be more trouble than they're worth, proper vetting can uncover hidden gems with high-octane income potential.

MIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for December 2025 of $0.1025 per share, payable on January 2, 2026 to stockholders of record as of December 15, 2025.