PennantPark Floating Rate (PFLT)

BDCs | Medium

PennantPark Floating Rate (PFLT) is tracked in the Hoya Capital REIT and real estate database, classified under BDCs, BDC with a Medium focus. The company came public in 2011. It is categorized as a Small-Cap name in the database. The company has an equity market capitalization of approximately $0.7 billion. Shares recently traded near $7.36 with a dividend yield of about 13.58 percent. The company pays dividends on a monthly schedule with a forward annual dividend rate of $1.00 per share. Its FFO payout ratio is roughly 100 percent. The dividend was reduced by about 4.7 percent over the past year. The stock is priced at roughly 6.9 times estimated 2026 funds from operations. The next scheduled ex-dividend date on file is 2026-09-15. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

PennantPark Floating Rate Capital Ltd (PFLT) is a specialized business development company that offers flexible financing solutions, primarily through floating rate loans to middle-market companies. The firm is dedicated to capital preservation while delivering consistent income and attractive risk-adjusted returns through a diversified portfolio of debt instruments. With an experienced management team and strong strategic partnerships, PFLT is strategically positioned to adapt to market changes and capitalize on growth opportunities in the middle-market lending sector, making it a compelling choice for institutional investors prioritizing stability and yield.

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Company website: pflt.pennantpark.com