PennantPark Floating Rate Capital Ltd. Announces Monthly Distributions of $0.095 per Share
|23%||$0.022||Distribution has been identified by the Company as being derived from other sources and is not exempt from U.S. Nonresident withholding tax.|
|77%||$0.073||Distribution has been identified by the Company as an interest-related dividend generally exempt from U.S. Nonresident withholding tax.|
"We are pleased that we have been able to deliver a steady and stable dividend over a long period of time," said
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.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports
The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice.
Source: PennantPark Floating Rate Capital Ltd.