PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Reset of $316.7 Million Securitization, Substantially Reducing Borrowing Costs

MIAMI, Aug. 31, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) announced that PennantPark Senior Secured Loan Fund I LLC (“PSSL”), through PSSL's wholly-owned and consolidated subsidiary, PennantPark CLO II, Ltd (“CLO II”), has closed the reset of a four-year reinvestment period, twelve-year final maturity $316.7 million debt securitization.

GlobeNewsWire • Aug 31, 2026

PennantPark vs. PennantPark Floating Rate: Which BDC Pays Income Investors Better?

PennantPark Investment (NYSE:PNNT) and PennantPark Floating Rate Capital (NYSE:PFLT) both reported Q3 FY26 results on Aug.

24/7 Wall Street • Aug 23, 2026

PennantPark Floating Rate Capital: Better Dividend Coverage But Same Problems

PennantPark Floating Rate Capital remains a hold due to persistent NAV declines and headwinds from elevated interest rates. PFLT's dividend was reduced to 12.8% yield, now covered by net investment income, but coverage remains thin and growth momentum is lacking. Net investment activity remains negative as sales and repayments outpace new investments, with a high debt-to-equity ratio of 1.56x constraining growth.

Seeking Alpha • Aug 13, 2026

PennantPark Floating Rate Capital Q3 Earnings Call Highlights

PennantPark Floating Rate Capital NYSE: PFLT reported fiscal third-quarter core net investment income of $0.26 per share for the quarter ended June 30, exceeding its base quarterly dividend of $0.24 per share.

MarketBeat • Aug 11, 2026

PennantPark Floating Rate Capital (PFLT) Q3 2026 Earnings Call Transcript

PennantPark Floating Rate Capital (PFLT) Q3 2026 Earnings Call Transcript

Seeking Alpha • Aug 11, 2026

PennantPark (PFLT) Lags Q3 Earnings and Revenue Estimates

PennantPark (PFLT) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.25 per share a year ago.

Zacks Investment Research • Aug 11, 2026

July Income Rising - 1 Raise And 4 Business Development Company Cuts

WP Carey (WPC) delivered a steady dividend raise, maintaining a 5.1% yield and demonstrating resilient income performance. Four BDCs—PFLT, CCAP, CGBD, OBDC—implemented double-digit dividend cuts, reflecting sector volatility and recent price declines near 52-week lows. Despite dividend reductions, all BDCs remain in the RIG portfolio, with recommendations to hold as dividend coverage stabilizes and recovery potential emerges.

Seeking Alpha • Aug 5, 2026

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

MIAMI, Aug. 04, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for August 2026 of $0.0833 per share, comprised of an $0.08 per share base dividend and $0.0033 per share supplemental dividend, payable on September 1, 2026 to stockholders of record as of August 14, 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 • Aug 4, 2026

5 Monthly Dividend Stocks Paying Up To 18.2%

Why sit around and wait all quarter long for a dividend payment where there are monthly dividend stocks available?

Forbes • Jul 25, 2026

2 BDCs To Sell Before They Slash Their Dividends

Business Development Companies face mounting risks as exhausted capital structures and poor dividend coverage threaten payout sustainability. Dividend cuts have become prevalent, with market reactions punishing BDCs regardless of existing discounts to NAV. I prioritize BDCs with well-covered, stable dividends over higher-yielding but riskier peers, favoring income stability and NAV protection.

Seeking Alpha • Jul 12, 2026