PNNT News and Press, PennantPark Investment Corporation From 09/12/23

2023-09-12 02:56:35 ET Summary PennantPark Investment Corporation has seen a decline in the percentage of its portfolio included on the watch list, indicating improving credit quality. PNNT has a well-diversified portfolio, but with a substantial exposure to equities. However, man...

2023-08-30 10:42:15 ET Summary Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is currently trading at the lowest multiple of NAV (35% discount) due to being a lower-quality business de...

2023-08-29 07:58:57 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses ARCC's dividend coverage comparing the recently reported results to my base, best, and worst pr...

2023-08-22 13:04:27 ET Summary Many BDCs have been reducing their fee structures, which has been attracting higher quality and institutional investors to the sector. We recently sent out a "Buy" recommendation discussing GBDC's reduction in management fees driving increased divide...

2023-08-17 13:35:30 ET Summary Alaris Equity Partners Income Trust invests in private companies, primarily in the United States, in exchange for preferred equity, common equity, subordinated debt, and promissory notes. The typical businesses that Alaris invests in are family or in...

2023-08-15 14:11:59 ET More on PennantPark Investment PennantPark: 5% Dividend Hike, Switching To Monthly Payouts, Fatter Yield PennantPark Investment Corporation ( PNNT ) Q3 2023 Earnings Call Transcript PennantPark Floating Rate, PennantPark Investment Q3 NII b...

2023-08-13 09:13:26 ET Summary PennantPark just hiked its quarterly cash dividend by 5% and will move to a monthly payout from October. The BDC is currently swapping hands at an 11.4% discount to NAV per share. However, NAV has generally been on a downtrend. Fiscal 2023 third-...

2023-08-10 17:27:05 ET PennantPark Investment Corporation (PNNT) Q3 2023 Results Conference Call August 10, 2023 12:00 PM ET Company Participants Art Penn - Founder, Chairman, Managing Partner & CEO Richard Allorto - Chief Financial Officer Conference C...

2023-08-09 17:53:57 ET PennantPark Investment ( NYSE: PNNT ) declares $0.21/share quarterly dividend , 5% increase from prior dividend of $0.20. Forward yield 12.61% Payable Oct. 2; for shareholders of record Sept. 18; ex-div Sept. 15. See PNNT Dividend S...

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...