Pennantpark Investment ( (PNNT) ) has shared an update.
On April 2, 2025, PennantPark Investment Corporation announced a monthly distribution of $0.08 per share for April 2025, payable on May 1, 2025, to stockholders of record as of April 15, 2025. This distribution is expected to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 after the year-end. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders through regular distributions.
More about Pennantpark Investment
PennantPark Investment Corporation is a business development company that primarily invests in U.S. middle-market private companies through first lien secured debt, second lien secured debt, subordinated debt, and equity investments. It is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing $9.8 billion of investable capital, providing comprehensive financing solutions to private equity firms and middle-market borrowers.
YTD Price Performance: 3.51%
Average Trading Volume: 465,083
Technical Sentiment Signal: Strong Sell
Current Market Cap: $459M
For an in-depth examination of PNNT stock, go to TipRanks’ Stock Analysis page.