The Motley Fool

OCTOBER 19, 2024

telecom businesses with a nationwide 5G network, investors can also look forward to steady gains over the long run. PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company ( BDC ) that lends to mid-market companies earning between $10 million and $50 million annually.

Private Equity Firms 130

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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 Big Picture

APRIL 1, 2023

Churchill’s publicly registered business development company. He launched the Churchill Financial Group in 2006, which was purchased by PE giant The Carlyle Group in 2011. The firm gets spun out in 2015, partnering with Nuveen, part of the trillion-dollar asset manager TIAA.

Asset Management 69

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Private Equity Insights

MARCH 17, 2023

It has become the largest publicly traded business development company, with a market capitalization of more than $10 billion and assets under management of $22 billion. Our DNA was debt-oriented, so we thought it natural to acquire a real estate credit business,” explains Benjamin.

Pension Funds 130

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Pension Pulse

SEPTEMBER 28, 2023

However, the US investor has been involved in the Costa Group journey for much longer than that, having been a majority owner of the company prior to its 2015 initial public offering (IPO) on the ASX with its first equity stake acquired in 2011, back when its name was Paine + Partners.

Shareholders 52

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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 7, 2024

PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company ( BDC ), which means it lends to mid-sized businesses. American banks have been less inclined to lend directly to businesses for decades. In the U.S., yield and convenient monthly payments.

Investing 130

Investing Capital Business Development Companies Debt 130

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