tiprankstipranks
Trending News
More News >

PennantPark Announces June 2025 Distribution Details

Story Highlights
PennantPark Announces June 2025 Distribution Details

Confident Investing Starts Here:

Pennantpark $ ( (PFLT) ) has shared an announcement.

On June 3, 2025, PennantPark Floating Rate Capital Ltd. announced a monthly distribution of $0.1025 per share for June 2025, payable on July 1, 2025, to stockholders of record as of June 16, 2025. This distribution is expected to be paid from taxable net investment income, with specific tax characteristics reported to stockholders after the calendar year. The announcement highlights the company’s strategic financial management and its potential tax benefits for non-U.S. stockholders due to its RIC status, which may exempt certain distributions from U.S. withholding tax.

The most recent analyst rating on (PFLT) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Pennantpark $ stock, see the PFLT Stock Forecast page.

Spark’s Take on PFLT Stock

According to Spark, TipRanks’ AI Analyst, PFLT is a Outperform.

PennantPark demonstrates strong profitability and valuation metrics, indicating a solid investment potential. The positive earnings call highlights strategic growth, yet cash flow concerns and technical bearish signals present risks that necessitate close monitoring.

To see Spark’s full report on PFLT stock, click here.

More about Pennantpark $

PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt. Managed by PennantPark Investment Advisers, LLC, the company occasionally engages in equity investments and operates as a regulated investment company (RIC).

Average Trading Volume: 1,299,228

Technical Sentiment Signal: Hold

Current Market Cap: $1B

Learn more about PFLT stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1