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PennantPark Investment Corporation - PNNT STOCK NEWS

Welcome to our dedicated news page for PennantPark Investment Corporation (Ticker: PNNT), a resource for investors and traders seeking the latest updates and insights on PennantPark Investment Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PennantPark Investment Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PennantPark Investment Corporation's position in the market.

Rhea-AI Summary
PennantPark Investment (PNNT) will announce its second fiscal quarter results on May 8, 2024, followed by a conference call on May 9, 2024. Interested parties can join the call to discuss the financial outcomes.
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Rhea-AI Summary
PennantPark Investment (PNNT) announces a monthly distribution of $0.07 per share for April 2024, payable on May 1, 2024, to stockholders of record as of April 15, 2024, expected to be paid from taxable net investment income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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Rhea-AI Summary
PennantPark Investment Corporation (PNNT) announces a monthly distribution of $0.07 per share for March 2024, payable on April 1, 2024, to stockholders of record as of March 18, 2024, sourced from taxable net investment income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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Rhea-AI Summary
PennantPark Investment Corporation (PNNT) reported a quarterly decrease in GAAP net asset value per share of 0.6% and a net investment income of $15.7 million for the first quarter ended December 31, 2023. The company's portfolio totaled $1,210.8 million, with $857.9 million in PSLF investment portfolio. The weighted average yield on debt investments was 12.6%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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Rhea-AI Summary
PennantPark Investment Corporation (PNNT) has declared a monthly distribution for February 2024 of $0.07 per share, payable on March 1, 2024 to stockholders of record as of February 15, 2024. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
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Rhea-AI Summary
PennantPark Investment Corporation (PNNT) will report first fiscal quarter results on February 7, 2024, and host a conference call on February 8, 2024. Interested parties can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary
PennantPark Investment Corporation (NYSE: PNNT) declares a monthly distribution for January 2024 of $0.07 per share, payable on February 1, 2024 to stockholders of record as of January 16, 2024. The distribution is expected to be paid from taxable net investment income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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Rhea-AI Summary
PennantPark Investment Corporation (PNNT) declares a monthly distribution for December 2023 of $0.07 per share, payable on January 2, 2024, to stockholders of record as of December 18, 2023. The distribution is expected to be paid from taxable net investment income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Rhea-AI Summary
PennantPark Investment Corporation (NYSE: PNNT) announced its financial results for the fourth quarter and fiscal year ended September 30, 2023, revealing a strong performance with net assets of $502.2 million and a quarterly increase in adjusted net asset value per share of 0.4%. The company also reported a weighted average yield on debt investments at quarter-end of 13.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
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Rhea-AI Summary
PennantPark Investment Corporation (NYSE: PNNT) has declared a monthly distribution for November 2023 of $0.07 per share. The distribution will be payable on December 1, 2023, to stockholders of record as of November 16, 2023. It is expected to be paid from taxable net investment income. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 and in the Company's periodic report filed with the Securities and Exchange Commission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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PennantPark Investment Corporation

NYSE:PNNT

PNNT Rankings

PNNT Stock Data

444.18M
3.36%
29.38%
1.16%
Securities and Commodity Exchanges
Finance and Insurance
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US
New York

About PNNT

pennantpark investment advisers is a leader in providing middle-market companies with creative and flexible capital solutions across the capital structure. its staff of 35 is headquartered in new york city, with offices in chicago, los angeles, houston, and london. founded in 2007, pennantpark today manages approximately $2.1 billion across publicly-listed business development companies (pennantpark investment corporation - "pnnt"; pennantpark floating rate capital ltd. - “pflt”), and private vehicles for institutional limited partners, including the pennantpark credit opportunities fund ii, lp - "pcof ii" and multiple managed accounts and co-investment vehicles. led by founder arthur penn, pennantpark's senior team has deep individual experience and a long history of working together. from inception to december 31, 2016, they have invested over $5.7 billion into 482 transactions across a range of industries including business services, consumer products, distribution, manufacturing/ba