Dividend Information for PennantPark Floating: Everything You Need to Know Before the Ex-Dividend Date on Aug 15, 2025

PennantPark Floating Rate Capital Ltd. announced a dividend of $0.103 per share, with the ex-dividend date set for Aug 15, 2025, and the payment date scheduled for Sept 2, 2025. This dividend is slightly higher than the average of the last ten dividends, which stood at $0.100 per share. The announcement was made on Aug 4, 2025, maintaining consistency with the previous dividend issued on Aug 1, 2025, which was also $0.103 per share. Both dividends were categorized as cash dividends.

Recently, PennantPark Floating Rate Capital Ltd. has been involved in several noteworthy developments. The company initiated a significant investment venture with Hamilton Lane, contributing $200 million in notes and equity to this joint undertaking. This collaboration emphasizes middle-market loans with a substantial growth potential of $500 million for the portfolio, reflecting PennantPark's strategic expansion efforts.

Over the past week, PennantPark reported its financial results for the third quarter ending June 30, 2025. The company posted an impressive revenue increase of 30.9% compared to the same period last year, amounting to $63.5 million. Despite this revenue surge, the company reported an earnings per share (EPS) of $0.25, missing the consensus estimate by a margin of 10.71%. This earnings miss led to a noticeable dip in share prices, with a decline of 4.6% observed in after-hours trading on Aug 11, 2025.

Since the last update, PennantPark's financial performance has been under scrutiny, as its core net investment income per share reached $0.27. The company experienced a rise in total investment income for Q3, reporting net investment income of $24.6 million, equating to $0.25 per share. Analysts have observed these metrics closely, highlighting the impact of these financial figures on PennantPark's market performance.

In conclusion, while PennantPark Floating Rate Capital Ltd. has demonstrated robust revenue growth and strategic investments, the recent earnings miss has affected its stock performance. As a reminder, Aug 15, 2025, marks the last opportunity for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made post this date will not be eligible for the current dividend payout.