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PennantPark Floating Rate Capital .(PFLT)
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This Little-Known, Small-Cap Company Might Be the Safest 11%-Yielding Dividend Stock on the Planet
The Motley Fool· 2024-06-20 09:21
Over the long run, Wall Street has been nothing short of a wealth-building machine. Although the stock market has its ups and downs, equities have handily outperformed other asset classes over the last century, including Treasury bonds, housing, oil, and gold. Dividend stocks are Wall Street's unsung hero The report found that dividend stocks more than doubled the average annual return of non-payers (9.17% vs. 4.27%). Moreover, this outperformance was achieved with dividend stocks being 6% less volatile tha ...
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million
Newsfilter· 2024-06-04 20:06
"We are appreciative of the support from all of our existing lending partners and pleased to have expanded our relationships. Their support highlights the confidence they have in our excellent long term track record," said Arthur Penn, Chairman and Chief Executive Officer of PFLT. "This increased facility will expand our ability to serve middle-market sponsor and borrower clients by providing them with more comprehensive senior secured solutions. This enhanced credit facility positions us well to capture th ...
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million
GlobeNewswire News Room· 2024-06-04 20:06
MIAMI, June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank (the "Credit Facility") to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus 236 basis points. "We are appreciative of the support from all of our existing lending partners and pleased to have expanded our relationships. Their support highlig ...
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
GlobeNewswire News Room· 2024-06-04 20:05
MIAMI, June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for June 2024 of $0.1025 per share, payable on July 1, 2024 to stockholders of record as of June 14, 2024. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed wit ...
PennantPark Floating Rate Capital .(PFLT) - 2024 Q2 - Quarterly Report
2024-05-08 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One)r ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00891 PENNANTPARK FLOATING RATE CAPITAL LTD. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...
PennantPark Floating Rate Capital .(PFLT) - 2024 Q2 - Quarterly Results
2024-05-08 20:05
EXHIBIT 99.1 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024 MIAMI, May 08, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2024. HIGHLIGHTS Quarter ended March 31, 2024 (Unaudited) ($ in millions, except per share amounts) | Assets and Liabilities: | | | | --- | --- | --- | | Investment portfolio | $ | 1,477.9 | | Net assets | $ | 720.7 | | GAAP n ...
PennantPark Floating Rate Capital .(PFLT) - 2024 Q1 - Earnings Call Transcript
2024-02-08 17:41
PennantPark Floating Rate Capital (NYSE:PFLT) Q1 2024 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Arthur Penn - Founder, Chairman & Chief Executive Officer Richard Allorto - Chief Financial Officer Conference Call Participants Brian McKenna - JMP Paul Johnson - KBW Mickey Schleien - Ladenburg Mark Hughes - Truist Securities Vilas Abraham - UBS Operator Good morning and welcome to the PennantPark Floating Rate Capital's First Fiscal Quarter 2024 Earnings Conference Call. Today's ...
PennantPark Floating Rate Capital .(PFLT) - 2024 Q1 - Quarterly Report
2024-02-07 21:07
WASHINGTON, D.C. 20549 FORM 10-Q (Mark One)r ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00891 PENNANTPARK FLOATING RATE CAPITAL LTD. (Exact name of registrant as specified in its charter) MARYLAND 27-3794690 (St ...
PennantPark Floating Rate Capital .(PFLT) - 2023 Q4 - Annual Report
2023-12-08 01:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00891 PENNANTPARK FLOATING RATE CAPITAL LTD. (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...
PennantPark Floating Rate Capital .(PFLT) - 2023 Q4 - Earnings Call Transcript
2023-11-16 20:56
PennantPark Floating Rate Capital (NYSE:PFLT) Q4 2023 Earnings Conference Call November 16, 2023 9:00 AM ET Company Participants Art Penn - Founder, Chairman & CEO Richard Allorto - CFO Conference Call Participants Ryan Lynch - KBW Mickey Schleien - Ladenburg Maxwell Fritscher - Truist Securities Operator Good morning, and welcome to the PennantPark Floating Rate Capital's Fourth Fiscal Quarter 2023 Earnings Conference Call. Today's conference is being recorded. At this time, all participants have been plac ...