PNNT News and Press, PennantPark Investment Corporation From 11/15/23

PennantPark Investment Corporation (PNNT) is expected to report $0.22 for Q4 2023

MIAMI, Oct. 13, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2023 on Wednesday, November 15, 2023 after the close of the financial markets. The Company will al...

2023-10-13 10:18:56 ET Summary Pennant Park Investment (PNNT) has a seasoned investment team whose portfolio has shown resilience during market crises. The firm's portfolio is currently benefiting from rising interest rates, given its floating-rate investments. The stock is tr...

2023-10-03 16:10:45 ET More on PennantPark Investment PennantPark Investment: Strong Performance, Monthly Dividend, But Over-Diversified Portfolio PennantPark Investment: A Growing 12%+ Yielder PennantPark: 5% Dividend Hike, Switching To Monthly Payouts, Fatter Yield...

MIAMI, Oct. 03, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for October 2023 of $0.07 per share, payable on November 1, 2023 to stockholders of record as of October 17, 2023. The distribution is expected to be paid fro...

2023-09-27 15:39:44 ET Summary This article compares the returns for two of the higher yield sectors - real estate investment trusts (REITs) and business development companies (BDCs). BDCs have easily outperformed REITs over the short and long term, as discussed below, along with ...

2023-09-19 05:30:00 ET Summary This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. We discuss the interest expense and asset covera...

2023-09-18 08:30:23 ET Summary PennantPark is a BDC with a robust balance sheet with relatively low leverage and adequate liquidity. The company pays generous dividends and intends to switch to monthly distributions. The company is deeply undervalued based on the dividend disc...

2023-09-18 05:30:00 ET Summary This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. This article discusses the interest expense and ...

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...