PNNT News and Press, PennantPark Investment Corporation From 03/13/22

BDCs invest mostly in American small businesses paying shareholders sustainable yields between 6% and 11%. This article compares two of them managed by Gladstone Management Corporation currently yielding 7% to 8%. I own both of these BDCs for many reasons including higher quality ...

PennantPark Investment Corporation (NASDAQ:PNNT) traded today at a new 52-week high of $7.95. This new high was reached on below average trading volume as 196,000 shares traded hands, while the average 30-day volume is approximately 400,000 shares. Pennant Park Investment Corp is a close...

SLRC and SUNS are among the worst-performing BDCs over the last two years, mostly related to lower dividend coverage and declining NAV per share. Also, SUNS stock price has declined by around 10% to 15% since the merger was announced for the reasons discussed in this article. This...

We take a look at the action in BDCs through the fourth week of February and highlight some of the key themes we are watching. The BDC sector was down marginally this week despite the support from higher short-term rates, flat to higher stocks and strong Q4 reporting. Two importan...

20 Dividend payments increased income 22.2% over Feb 2021 and raised forward income by 19.5%. Portfolio value is up 1.9% ytd, up 19.9% from Feb 2021, 23.2% from Jan 2021 and up 0.14% from last month. Complete listing of all 89 RIG companies and when they make their dividend paymen...

MIAMI, March 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“PSLF”), through PSLF’s wholly-owned and consolidated subsidiary, PennantPark CLO IV, L...

We take a look at the action in BDCs through the second week of February and highlight some of the key themes we are watching. The BDC sector was pretty flat on the week - not very exciting but more than we can say for the broader income space which was mostly in the red. The sect...

PennantPark Investment Corporation (NASDAQ:PNNT) traded at a new 52-week high today of $7.83. This new high was reached on below average trading volume as 196,000 shares traded hands, while the average 30-day volume is approximately 315,000 shares. There is potential upside of 35.8% for ...

BDCs continue to outperform in an inflationary and rising interest rate environment as investors prepare for higher rates that are accretive to BDC earnings to support higher dividends. Many equity REITs and most mortgage REITs have had negative stock price performance over the last 2...

Image source: The Motley Fool. PennantPark Investment (NASDAQ: PNNT) Q1 2022 Earnings Call Feb 10, 2022 , 12:00 p.m. ET Operator Continue reading For further details see: PennantPark Investment (PNNT) Q1 2022 Earnings Call Transcript