PennantPark Investment Corporation Aktie News

PennantPark Investment Corp. remains fundamentally sound despite recent share price declines and a challenging private equity environment. PNNT's portfolio shows higher equity allocation and declining investment income, with NAV per share dropping from $7.56 to $7.11 in fiscal 2025. Fed rate cuts are expected to pressure NII and dividends, with a likely reduction to $0.70 per share; entry under...

MIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for December 2025 of $0.08 per share, payable on January 2, 2026 to stockholders of record as of December 15, 2025. The distribution is expected to be paid from taxable net investment income.

There is certainly no shortage of arguments why not to invest in BDCs. The sector median BDC trades at a 21% discount to NAV. For me, this provides an opportunity to scoop up unfairly punished gems.

BDCs are facing pressures from multiple fronts. Yet, they do not have much ammo left to fight back via portfolio growth. This is not good for shareholder and BDC managers, who earn fees based on asset size and earnings results.

PennantPark offers a compelling dividend of almost 16% and a notable discount to NAV. In the recent earnings call, the management provided rather optimistic commentary on the future dividend, signaling a continuation of the existing distributions. While this might sound attractive, the reality is that PNNT has pumped massive leverage into the system.

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PennantPark Investment Corporation ( PNNT ) Q4 2025 Earnings Call November 25, 2025 12:00 PM EST Company Participants Arthur Penn - Founder, Chairman, Managing Partner & CEO Richard Allorto - Chief Financial Officer Conference Call Participants Brian Mckenna - Citizens JMP Securities, LLC, Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Melissa Wedel - JPMorg...

MIAMI, Nov. 24, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 2025.