PNNT News and Press, PennantPark Investment Corporation From 02/11/21

Image source: The Motley Fool. PennantPark Investment (NASDAQ: PNNT) Q1 2021 Earnings Call Feb 10, 2021 , 1:00 p.m. ET Operator Continue reading For further details see: PennantPark Investment (PNNT) Q1 2021 Earnings Call Transcript

PennantPark Investment Corporation (PNNT) Q1 2021 Earnings Conference Call February 10, 2021 13:00 ET Company Participants Art Penn - Chairman and Chief Executive Officer Aviv Efrat - Chief Financial Officer Conference Call Participants Mickey Schleien - Ladenburg Casey Alexander - Compass Po...

PennantPark Investment (PNNT): FQ1 NII of $0.12 misses by $0.24.Total investment income of $18.73M (-28.0% Y/Y) misses by $0.94M.As of Dec. 31, 2020, Portfolio totaled $1,127.1M, which consisted of $425.2M of first lien secured debt, $195.4M of second lien secured debt, $116.8M of subord...

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the first fiscal quarter ended December 31, 2020. HIGHLIGHTS Quarter ended December 31, 2020 ($ in millions, except per share amounts) ...

When the pandemic hit last year this higher yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. The average dividend yield among Business Development Companies ("BDCs") was around 20% for most of March 2020. I was actively making purchases during this ...

On January 13, 2021, ARCC closed an offering of $650 million of its 2.150% unsecured notes. Included in the SEC filings related to the offering were Q4 2020 preliminary results. This article discusses the details included in the SEC filings as well as portfolio credit quality and rece...

NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2020 on Tuesday, February 9, 2021 after the close of the financial markets. The Company w...

NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2020 on Tuesday, February 9, 2021 after the close of the financial markets. The Company w...

As a follow-up to "Oasis Of Dividends From This 10.8% Yielding Sector," this article discusses return and expense ratios for BDCs many with sustainable dividend yields of 8% to 12%. Each quarter, I assess which BDCs have the highest return ratios and why. BDCs with lower expenses ...

The average BDC is currently yielding 10.8% with an average dividend coverage ratio of 110% for Q3 2020 and improving net interest margins. This article discusses one of the BDCs that I recently purchased currently yielding 12.1% annually taking into account the special dividend annou...