PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital: Diversified portfolio and attractive dividend

Stable dividend payout

PennantPark Floating Rate Capital $PFLT is a business development company (BDC) that offers investors an attractive dividend yield. With the exception of 2018, it pays monthly dividends that have been increasing or remaining stable since 2011. At current prices, the dividend...
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PennantPark Floating Rate Capital: Stable returns in an uncertain environment

1. Introduction:

- PennantPark Floating Rate Capital $PFLT: The company is a business development company (BDC) that provides high-interest loans to mid-sized businesses that traditional banks do not target. This focus allows it to choose borrowers who have a solid ability to repay their debts.

2....
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