Form 1099

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Retrieved on: 
Tuesday, April 2, 2024
The Company, RIC, Documentation, Form 1099, Security (finance), Life insurance

MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.

Key Points: 
  • MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
  • 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.

PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share

Retrieved on: 
Tuesday, April 2, 2024
The Company, Form 1099, Security (finance)

MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for April 2024 of $0.07 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.

Key Points: 
  • MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for April 2024 of $0.07 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Retrieved on: 
Monday, April 1, 2024
Banking, Professional Services, Finance, CLO, Capital loss, Sale, Form 1099, Trust, Investment, Calendar, Life insurance

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income.
  • Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments.

Monroe Capital Corporation Announces First Quarter Distribution of $0.25 Per Share

Retrieved on: 
Tuesday, March 5, 2024
Form 1099, Security (finance), MRCC

CHICAGO, March 05, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the first quarter of 2024, payable on March 29, 2024 to stockholders of record as of March 15, 2024.

Key Points: 
  • CHICAGO, March 05, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the first quarter of 2024, payable on March 29, 2024 to stockholders of record as of March 15, 2024.
  • In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date.
  • When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company’s capital stock.
  • The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Retrieved on: 
Monday, March 4, 2024
Form 1099, The Company, Documentation, Security (finance), RIC

MIAMI, March 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for March 2024 of $0.1025 per share, payable on April 1, 2024 to stockholders of record as of March 18, 2024.

Key Points: 
  • MIAMI, March 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for March 2024 of $0.1025 per share, payable on April 1, 2024 to stockholders of record as of March 18, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • 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 specific tax characteristics of this distribution can be found on our website www.pennantpark.com.

PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share

Retrieved on: 
Monday, March 4, 2024
Form 1099, The Company, Security (finance)

MIAMI, March 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for March 2024 of $0.07 per share, payable on April 1, 2024 to stockholders of record as of March 18, 2024.

Key Points: 
  • MIAMI, March 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for March 2024 of $0.07 per share, payable on April 1, 2024 to stockholders of record as of March 18, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

Retrieved on: 
Friday, March 1, 2024
Banking, Professional Services, Finance, Form 1099, Investment, Sale, Calendar, CLO, Trust, Capital loss, Life insurance

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • GAAP”), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Eagle Point Income Company Inc. Announces Second Quarter 2024 Common and Preferred Distributions

Retrieved on: 
Tuesday, February 13, 2024
Banking, Asset Management, Professional Services, Finance, Form 1099, Calendar

Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital.

Key Points: 
  • Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital.
  • The specific tax characteristics of the distributions will be reported to the Company’s stockholders on Form 1099 after the end of the 2024 calendar year.
  • The Company is also pleased to announce the declaration of distributions on shares of the Company’s 5.00% Series A Term Preferred Stock due 2026 (the “Series A Term Preferred Stock”) and the Company’s 7.75% Series B Term Preferred Stock due 2028 (the “Series B Term Preferred Stock”) as follows:

Eagle Point Credit Company Inc. Announces Second Quarter 2024 Regular and Supplemental Common Distributions and Preferred Distributions

Retrieved on: 
Tuesday, February 13, 2024
Banking, Professional Services, Finance, Form 1099, Calendar

Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital.

Key Points: 
  • Distributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital.
  • The specific tax characteristics of the distributions will be reported to the Company’s stockholders on Form 1099 after the end of the 2024 calendar year.
  • The declared supplemental distributions relate to the potential excess of the Company’s estimated taxable income over the aggregate amount distributed to common stockholders for the same tax year.
  • In the event any future supplemental distributions are declared, amounts may vary.1
    The Company is also pleased to announce the declaration of distributions on shares of the Company’s 6.50% Series C Term Preferred Stock due 2031 (the “Series C Term Preferred Stock”), the Company’s 6.75% Series D Preferred Stock (the “Series D Preferred Stock”) and the Company’s 8.00% Series F Term Preferred Stock due 2029 (the “Series F Term Preferred Stock”) as follows:

PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share

Retrieved on: 
Friday, February 2, 2024
Security (finance), Form 1099, The Company

MIAMI, Feb. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for February 2024 of $0.07 per share, payable on March 1, 2024 to stockholders of record as of February 15, 2024.

Key Points: 
  • MIAMI, Feb. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for February 2024 of $0.07 per share, payable on March 1, 2024 to stockholders of record as of February 15, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.