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PennantPark Floating Rate Capital .(PFLT) - 2025 Q1 - Quarterly Report
2025-02-10 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (786) 297-9500 (Registrant's Telephone Number, Including Area Code) None (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant ...
PennantPark Floating Rate Capital .(PFLT) - 2025 Q1 - Quarterly Results
2025-02-10 21:05
EXHIBIT 99.1 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2024 MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the first quarter ended December 31, 2024. HIGHLIGHTS Quarter ended December 31, 2024 (Unaudited) ($ in millions, except per share amounts) | Assets and Liabilities: | | | | --- | --- | --- | | Investment portfolio | $ | 2,193.9 | | Net assets | $ | 9 ...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2024
GlobeNewswire· 2025-02-10 21:05
MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the first quarter ended December 31, 2024. HIGHLIGHTSQuarter ended December 31, 2024 (Unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $2,193.9 Net assets $962.7 GAAP net asset value per share $11.34 Quarterly increase in GAAP net asset value per share 0.3%Adjusted net asset value per share (2) $11.34 Quarterly increase ...
PennantPark Floating Rate Capital: Improved Portfolio Quality And Discounted Valuation
Seeking Alpha· 2025-01-13 04:59
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high quality dividend stocks, and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth sto ...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2025 Results
GlobeNewswire· 2025-01-08 21:05
MIAMI, Jan. 08, 2025 (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, 2024 on Monday, February 10, 2025 after the close of the financial markets. The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday, February 11, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-fr ...
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $736 Million
GlobeNewswire· 2024-12-26 21:05
MIAMI, Dec. 26, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) announced that it has upsized its credit facility, led by Truist Bank (the “Credit Facility”) to $736 million from $636 million. Pricing on this facility remained unchanged at SOFR plus 225 basis points. “We are appreciative of the support from all of our existing lending partners. Their support highlights the confidence they have in our excellent long-term track record,” said Arthur Penn, Chairman and Chie ...
This Completely Off-the-Radar Company Yielding 11.5% Might Be the Safest High-Octane Dividend Stock to Own in 2025
The Motley Fool· 2024-12-23 10:06
This little-known supercharged income stock doles out a payment to its shareholders on a monthly basis.One of the great things about putting your money to work on Wall Street is there's more than one way to generate a profit. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, every investor is likely to find one or more securities that'll help them meet their goals.But among the countless ways to build wealth on Wall Street, buying and holding dividend stocks has hi ...
2 Dividend Stocks Yielding More Than 10%. Are They Right for Your Passive Income Portfolio?
The Motley Fool· 2024-12-23 09:43
Income-seeking investors looking for ultra-high-yield dividend stocks can find what they're looking for in the healthcare and finance sectors. Walgreens Boots Alliance (WBA 2.14%) and PennantPark Floating Rate Capital (PFLT -0.28%) offer yields above 10% at recent prices.Before opening your brokerage application to buy these stocks, it's important to remember dividend yields usually don't climb this high unless investors are worried about the underlying businesses.Here's a quick look at what's been pushing ...
Is This High-Yield Dividend Stock a Monster Buying Opportunity for 2025 After Posting Bad News?
The Motley Fool· 2024-12-13 10:30
As high-yield dividend stocks go, you can't get much higher than PennantPark Floating Rate Capital's (PFLT 0.36%) more than 11%. That hasn't made this business development company (BDC) a hit lately, though; its stock has fallen since Nov. 25 while the S&P 500 index inched into positive territory. Let's look at why the stock has gone nowhere, and evaluate whether this presents a good buying opportunity for investors. A prime lenderThe news that drove down PennantPark's share price hit the headlines toward t ...
PennantPark Floating Rate Capital .(PFLT) - 2024 Q4 - Earnings Call Transcript
2024-11-26 15:56
PennantPark Floating Rate Capital Ltd (NYSE:PFLT) Q4 2024 Earnings Conference Call November 26, 2024 9:00 AM ET Company Participants Arthur Penn - Chairman & CEO Richard Allorto - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Mark Hughes - Truist Doug Harter - UBS Operator Good morning, and welcome to PennantPark Floating Rate Capital's Fourth Fiscal Quarter 2024 Earnings Conference Call. Today's conference is being recorded. At this time, all participants have been placed in a lis ...