PNNT News and Press, PennantPark Investment Corporation From 08/09/23

2023-08-09 16:32:06 ET More on PFLT, PNNT PennantPark: Buying Undervalued Assets In An Overvalued Debt Market BlackRock Or PennantPark For Solid 12% Yield? PennantPark: Big Win From Dominion/Fox Settlement PennantPark Floating Rate Capital: An 11.5% Yield Pai...

2023-08-09 16:18:13 ET PennantPark Investment press release ( NYSE: PNNT ): FQ3 Core net investment income per share of $0.22 Total investment income of $45.01M, vs. $23.35M a year ago. For further details see: PennantPark Investment reports FQ3 results

MIAMI, Aug. 09, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the third quarter ended June 30, 2023. HIGHLIGHTS Quarter ended June 30, 2023 (unaudited) ($ in millions, except per share amounts) Includes inves...

2023-08-08 06:56:33 ET Summary Business Development Companies, such as PennantPark, are benefiting from the regulatory strains on traditional banks, creating opportunities in the corporate lending market. Banks are reducing exposure to commercial loans and securities, potentially ...

2023-08-03 06:15:00 ET Summary This article discusses dividend coverage for two of the larger and more well-known BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including credit quality, previous dividend in...

2023-08-01 12:48:02 ET Summary This article discusses TRIN which I have started active coverage assessing the sustainability of the dividend, portfolio credit quality, and quality of management, used to set target prices. TRIN is internally managed with the potential for growing i...

2023-08-01 05:56:09 ET Summary BIZD is an ETF which holds BDCs. MORT is an ETF focused on mortgage REITs. Both offer double-digit yields. We look at why one has done 462% the returns of the other. The chase for high yield in 2020 and 2021 led investors to a wide ...

MIAMI, July 26, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “ Company ”) (NYSE: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“ PSLF ”) through its wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC (“...

2023-07-26 11:50:40 ET Summary This article discusses dividend coverage for two BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including dividend increases and recently announced supplemental dividends. ...

2023-07-23 10:15:00 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses historical and projected dividend coverage for ARCC, which is the largest BDC currently yieldin...