StockWatch
·
Finance: Consumer Services
DividendMay 4, 2026, 04:13 PM

PennantPark Floating Rate Capital Declares $0.1025 Monthly Distribution

AI Summary

PennantPark Floating Rate Capital Ltd. announced its monthly distribution for May 2026, declaring $0.1025 per share. The distribution is payable on June 1, 2026, to stockholders of record as of May 15, 2026. The distribution is expected to be paid from taxable net investment income and may qualify for U.S. withholding tax exemption for non-U.S. stockholders.

Key Highlights

  • Declared monthly distribution of $0.1025 per share for May 2026.
  • Distribution payable on June 1, 2026.
  • Record date for stockholders is May 15, 2026.
  • Expected to be paid from taxable net investment income.
  • May be exempt from U.S. withholding tax for non-U.S. stockholders.