The Motley Fool

AUGUST 10, 2024

PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company (BDC). For decades, America's largest banks have stepped back from lending directly to mid-sized businesses. With a brief exception in 2018, this BDC has been able to maintain or raise its dividend payout since 2011.

Investing 130

Investing Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 18, 2025

PennantPark Floating Rate Capital Direct lending between traditional banks and midsized American businesses hardly exists anymore. Instead, business development companies ( BDCs ) such as PennantPark Floating Rate Capital are raking in profits by originating relatively high-interest loans to capital-starved middle-market companies.

Investing 244

Investing Amortization Depreciation Capital 244

The Motley Fool

DECEMBER 31, 2024

See the 10 stocks Dividend yields among most S&P 500 stocks aren't appealing, but there are a few business development companies (BDCs) that deserve more attention from income-seeking investors than they've been getting. It's been able to raise or maintain its dividend payout every year since it started paying one in 2011.

Investing 246

Investing Amortization Depreciation Capital 246

The Motley Fool

DECEMBER 23, 2024

PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company ( BDC ) that lends to midsize companies, which U.S. PennantPark has maintained or raised its dividend payout since it started paying one in 2011. banks are increasingly hesitant to lend to.

Portfolios 130

Portfolios Financial Institutions Amortization Depreciation 130