PNNT News and Press, PennantPark Investment Corporation From 05/05/21

NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the second fiscal quarter ended March 31, 2021. ______________ (1) Includes investments in PennantPark Senior Loan Fund, LLC, or PSLF, an unconsolidat...

March 13-April 5, readers mentioned 52 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. (Hence, these are the ReFaRo). Ten analyst-target-estimated top-net-gain reader favorites and rogues (ReFa/Ro), BIP, O, KMI, XOM, ...

Fact: Financials is the most attractively-priced sector out there. Fact: Financials is the most overweight sector out there. Fact: Financials is the most hurdle-free sector out there. Conclusion: We see no reason not to be bullish on Financials. For further details see: ...

PennantPark Investment ([[PNNT]] +2.1%) has priced an underwritten public offering of $150M of its 4.50% unsecured notes due May 1, 2026.Interest will be payable semi-annually on May 1 and November 1 of each year, beginning November 1, 2021. Offering is expected to close on April 21. For fu...

NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) announced that it has priced an underwritten public offering of $150 million in aggregate principal amount of its 4.50% unsecured notes due 2026 (the “Not...

NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2021 on Wednesday, May 5, 2021 after the close of the financial markets. The Company will ...

PennantPark Investment (PNNT) had declared $0.12/share quarterly dividend, in line with previous.Payable April 1; for shareholders of record March 18; ex-div March 17.See PNNT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: PennantPark Investment go...

As a Business Development Company, PNNT must distribute at least 90% of its income to investors. High distributions and management fees leave little to compensate for write-offs and defaults, pushing PNNT to raise capital through debt and equity. Repeated capital raises increase l...

When the pandemic hit last year, this higher-yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. I was actively making purchases during this volatility as I have identified the Business Development Companies ("BDCs") that will outperform during an economic...

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