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An announcement from Pennantpark $ ( (PFLT) ) is now available.
PennantPark Floating Rate Capital Ltd. has announced a monthly distribution of $0.1025 per share for November 2024, reflecting its strategy of investing in U.S. middle-market private companies through floating rate senior secured loans. The distribution, payable on December 2, 2024, offers an attractive yield for investors and is expected to be sourced from taxable net investment income. With its extensive experience in managing $8.3 billion in investable capital, PennantPark continues to provide innovative financing solutions while ensuring tax-efficient returns for its shareholders.
See more insights into PFLT stock on TipRanks’ Stock Analysis page.