PennantPark Floating Rate Capital Ltd. Announces Monthly Distributions of $0.095 per Share
Record Date | Percentage | Amount | Description | |
September 17, 2018 | 82% | $0.078 | Distribution has been identified by the Company as an interest-related dividend generally exempt from U.S. Nonresident withholding tax. | |
September 18, 2018 | 18% | $0.017 | Distribution has been identified by the Company as being derived from other sources and is not exempt from U.S. Nonresident withholding tax. |
The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation.
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FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the
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CONTACT:
(212) 905-1000
www.pennantpark.com
Source: PennantPark Floating Rate Capital Ltd.