The latest announcement is out from Pennantpark Investment ( (PNNT) ).
On March 4, 2025, PennantPark Investment Corporation announced a monthly distribution of $0.08 per share for March 2025, payable on April 1, 2025, to stockholders of record as of March 14, 2025. This distribution is expected to be paid from taxable net investment income, and its final tax characteristics will be reported to stockholders after the end of the calendar year. This announcement reflects the company’s ongoing commitment to providing returns to its investors and maintaining its position in the middle-market investment sector.
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. The company is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing $9.5 billion of investable capital, offering a range of creative and flexible financing solutions to private equity firms and middle-market borrowers.
YTD Price Performance: 5.06%
Average Trading Volume: 463,648
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $474.7M
For detailed information about PNNT stock, go to TipRanks’ Stock Analysis page.