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PNNT - PennantPark Investment: 11.3% Yield With Large Discount To NAV
November, 21 2020 04:59 AM
PennantPark Investment Corporation
PennantPark Investment has seen an improvement to its adjusted NAV and a better portfolio yield on a sequential basis. Leverage ratio has also improved, and I'm encouraged by management's decision to continue to waive its incentive fee through the end of 2020. I find the dividend yield to be safe and attractive and see upside potential for the share price. For further details see:
PennantPark Investment: 11.3% Yield With Large Discount To NAV
Stock Information
Company Name:
PennantPark Investment Corporation
Stock Symbol:
PNNT
Market:
NASDAQ
Website:
pennantpark.com
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