PennantPark Floating Rate Capital - 6 Year Dividend History | PFLT
Historical dividend payout and yield for PennantPark Floating Rate Capital (PFLT) since 2013. The current TTM dividend payout for PennantPark Floating Rate Capital (PFLT) as of August 23, 2019 is $1.14. The current dividend yield for PennantPark Floating Rate Capital as of August 23, 2019 is 9.85%.
||Finance - Investment Management
PennantPark Floating Rate Capital Ltd. is a business development company. It is a closed-end, externally managed and non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies. The firm provides first lien secured debt and other opportunistic financings (mezzanine, private high yield debt, preferred and common stock) to middle market sponsors and companies. Its investments may include equity features, such as direct investments in the equity securities of borrowers or warrants or options to buy a minority interest in a portfolio company. It has investments in various sectors, including aerospace and defense; consumer services; healthcare and pharmaceuticals, and others. The firm has a value-oriented, bottoms-up investment philosophy. Its investment activities are managed by the investment advisor, PennantPark Investment Advisers LLC.