PNNT News and Press, PennantPark Investment Corporation From 02/25/23

Summary We take a look at the action in business development companies through the third week of February and highlight some of the key themes we are watching. BDCs had a strong week, bouncing back due to continuing strong earnings. We take a look at some of the reasons internally-m...

Summary We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs had a rare off week, as most income sectors finished in the red. Sector NAVs continue to drift lower, creating a kind...

PennantPark Investment Corporation (PNNT) Q1 2023 Earnings Conference Call February 9, 2023, 12:00 PM ET Company Participants Art Penn - Founder, Managing Partner, Chairman and CEO Rick Allorto - CFO Conference Call Participants Robert Dodd - Raymond James ...

PennantPark Investment ( NYSE: PNNT ) declares $0.185/share quarterly dividend , 12.1% increase from prior dividend of $0.165. Forward yield 12.35% Payable April 3; for shareholders of record March 16; ex-div March 15. See PNNT Dividend Scorecard, Yield Chart, &a...

PennantPark Investment press release ( NYSE: PNNT ): Q1 NII of $0.16 misses by $0.03 . Total investment income  of $29.96M (+5.7% Y/Y) beats by $0.1M . For further details see: PennantPark Investment NII of $0.16 misses by $0.03, Total investment income of $...

MIAMI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the first quarter ended December 31, 2022. HIGHLIGHTS Quarter ended December 31, 2022 (Unaudited) ($ in millions, except per share amounts) ____________...

PennantPark Investment ( NYSE: PNNT ) is scheduled to announce Q1 earnings results on Wednesday, February 8, after market close. The consensus EPS estimate is $0.19 and the consensus revenue estimate is $29.86M. Over the last 3 months, EPS estimates have seen 5 upward revisi...

Summary RIG January value is green, rising 2.13% and has outperformed SPY 22.1% since inception in Nov 2021. Y/Y January dividends rose 1.78%, but 14.52% if KEN is excluded and cash rose from ~3.7% to now 14.6%. January dividends are up 2.5% from Oct Q3, the yield near 4.4% with the...

Today we’ll discuss a duo of cheap dividend stocks paying 11.2%. And, for good measure, we’ll throw in another bargain even though it “only” yields 9.5%. I jest because I love. Dividends, that is. And bear markets don’t usually last much longer than this. So...

Summary CION Investment Corporation appears to be the best business development company to own in 2023 due to its solid dividend and share price growth prospects. The company is well-positioned to generate high risk-adjusted returns because its portfolio is well-positioned to benefit fr...