Need Over $1000 per Month of Passive Income? Our Ultra-High-Yield Portfolio Can Make It Happen

According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate.

24/7 Wall Street • Jun 11, 2026

PFLA: A 7.375% Notes IPO From PennantPark Floating Rate Capital

PennantPark Floating Rate Capital has issued its first listed fixed-income security, the 7.375% Notes due 2031, currently priced at par. PFLT's asset coverage ratio stands at 162% but could fall to 158% if all PFLA proceeds are invested in new assets, still above the regulatory 150% requirement. Recent dividend cuts and a decrease in the asset coverage ratio suggest caution for creditors, as coverage has tightened; NAV per share has also shown gradual depletion.

Seeking Alpha • Jun 9, 2026

Down 54% From Its All-Time High, This Ultra-High-Yield Dividend Stock Under $30 Is a Screaming Buy Right Now

For income investors hunting yield in a choppy rate environment, business development companies (BDCs) trading under $30 deserve a fresh look.

24/7 Wall Street • Jun 2, 2026

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.0833 per Share

MIAMI, June 02, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for June 2026 of $0.0833 per share, comprised of an $0.08 per share base dividend and $0.0033 per share supplemental dividend, payable on July 1, 2026 to stockholders of record as of June 15, 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.

GlobeNewsWire • Jun 2, 2026

PennantPark Floating Rate Capital Ltd. Prices Public Offering of $100 Million 7.375% Notes due 2031

MIAMI, May 27, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $100 million aggregate principal amount of its 7.375% notes due 2031 (the “Notes”). The Notes will mature on June 15, 2031 and may be redeemed in whole or in part at the Company's option at any time on and after June 15, 2028, upon not less than 30 days nor more than 60 days' written notice prior to the date fixed for redemption thereof, at a redemption price of 100% of the outstanding principal amount thereof plus accrued and unpaid interest payments otherwise payable for the then-current quarterly interest period accrued to, but excluding, the date fixed for redemption. The offering is expected to close on or about June 1, 2026, subject to the satisfaction of customary closing conditions. The Notes are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the symbol “PFLA”.

GlobeNewsWire • May 27, 2026

Top Monthly Paying BDCs For Durable Retirement Income

In the article I list all monthly-paying BDCs. This list is then reduced to a handful of BDCs. These remaining BDCs, in my view, are the one with the strongest prospect to generate durable income without permanent NAV decay.

Seeking Alpha • May 18, 2026

PennantPark Floating Rate Capital Q2 Earnings Call Highlights

PennantPark Floating Rate Capital NYSE: PFLT reported flat net asset value and continued low non-accruals for its second fiscal quarter of 2026, while management said it is resetting the company's dividend framework to better align payouts with current net investment income.

MarketBeat • May 14, 2026

PennantPark Floating Rate Capital: Lower Dividend May Improve Performance

PennantPark Floating Rate Capital remains a hold as NAV declines and flat earnings persist, despite a 13.8% dividend yield. PFLT will reduce its monthly payout to $0.08 per share in July, aligning distributions with net investment income and improving future dividend coverage. Negative net investment activity and rising debt-to-equity (1.61x) highlight limited near-term growth catalysts and ongoing portfolio challenges.

Seeking Alpha • May 13, 2026

Monthly-Paid Dividends, From 29 Ideal 'Safer' May Dogs

May's top monthly pay dividend equities, led by Grupo Financiero Galicia, offer forecasted net gains up to 76.4% by 2027. Yield-based MoPay stock selection proved 50% accurate against analyst gain forecasts, with average net gain projected at 32.16% and moderate risk. Investors should monitor dividend sustainability, as 43 of 81 MoPay equities exhibit negative free cash flow margins, signaling potential payout risks.

Seeking Alpha • May 12, 2026

PennantPark Floating Rate Capital (PFLT) Q2 2026 Earnings Call Transcript

PennantPark Floating Rate Capital (PFLT) Q2 2026 Earnings Call Transcript

Seeking Alpha • May 8, 2026