Business
from24/7 Wall St.
1 week agoCan PennantPark's First-Lien Loans Keep Funding Income Payments
PennantPark Floating Rate Capital's ability to maintain its monthly distribution is uncertain due to four consecutive quarters of under-earning.
Net investment income per share has not covered the quarterly distribution for at least four consecutive quarters. Q1 2026 NII came in at $0.27 per share against a declared distribution of $0.3075.