PNNT News and Press, PennantPark Investment Corporation From 08/04/20

As mentioned in previous articles, I'm expecting many Business Development Companies ("BDCs") to report net asset value "NAV" increases , adequate dividend coverage, and reaffirming current dividends . However, I'm also expecting some BDCs to cut dividends in August 2020. This article disc...

Quick BDC Market Update As mentioned in previous articles, I' m expecting many BDCs to report stronger-than-expected results including net asset value "NAV" increases , adequate dividend coverage, and reaffirming current dividends . Please see " Upcoming NAV Changes For The BDC Secto...

NEW YORK, July 09, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2020 on Wednesday, August 5, 2020 after the close of the financial markets. The Company will als...

As we all know very well, the coronavirus has shut down economic activity across the world, impacting nearly all businesses, but hitting small businesses especially hard. This has had a direct effect on the balance sheets of business development companies (or BDCs for short). For the uniniti...

Introduction: Over the coming months, I will have a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% t...

Business Development Companies ("BDCs") were created by Congress in 1980 to give investors an opportunity to invest in private small- and mid-sized U.S. companies typically overlooked by banks. The following slide from ARCC breaks out many of the requirements of the BDC/RIC structure inclu...

Investing in BDC Baby Bonds This article is part of a series discussing Business Development Company ("BDC") Baby Bonds (also known as exchange-traded debt) for investors who would like to limit the amount of overall risk and pricing volatility in exchange for lower yields. These article...

NEW YORK, June 02, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its third fiscal quarter 2020 distribution of $0.12 per share, payable on July 1, 2020 to stockholders of record as of June 17, 2020. The distribution is expected to be pai...

Quick Article Follow-Up As mentioned earlier this month in " Heavily-Discounted Monthly Dividend Payer ," Business Development Companies continue to trade at depressed values for many reasons including being considered small-cap, financial sector, and high yield, all of which have been ...

Article Follow-Up As mentioned last month in " Picking Winners And Losers In The 18% Yielding BDC Sector ," Business Development Companies continue to trade at depressed values for many reasons including being considered small-cap, financial sector, and high yield, all of which have been...