Welcome to our dedicated page for Pennantpark Invt news (Ticker: PNNT), a resource for investors and traders seeking the latest updates and insights on Pennantpark Invt stock.
PennantPark Investment Corporation reports developments tied to its role as a closed-end, non-diversified investment company focused on U.S. middle-market businesses. News commonly covers quarterly financial results, net investment income, net asset value, portfolio credit quality, debt-investment yields, and investment activity across new and existing portfolio companies.
Recurring updates also address monthly distributions, dividend strategy, sales and repayments of investments, activity involving PennantPark Senior Loan Fund LLC, equity-position realizations, and borrowing capacity under the company’s senior secured credit facility. The company’s portfolio activity centers on senior secured debt, mezzanine debt, and equity investments designed to generate current income and capital appreciation.
PennantPark Investment Corporation (NASDAQ: PNNT) announced it will report its second fiscal quarter results for the period ending March 31, 2021, on May 5, 2021, after market close. A conference call to discuss these results is scheduled for May 6, 2021, at 12:00 p.m. Eastern Time. PennantPark focuses on investing in U.S. middle-market private companies, utilizing first lien secured debt, second lien secured debt, subordinated debt, and equity investments. The firm manages a substantial $4.3 billion in investable capital.
PennantPark Investment Corporation (NASDAQ: PNNT) announced its second fiscal quarter 2021 distribution of $0.12 per share, set for payment on April 1, 2021, to stockholders of record as of March 18, 2021. This distribution is anticipated to originate from taxable net investment income. Detailed tax characteristics will follow on Form 1099 and in periodic SEC filings. PennantPark specializes in investments in U.S. middle-market private companies through various debt and equity structures, managed by PennantPark Investment Advisers, LLC, which oversees $4.3 billion in investable capital.
PennantPark Investment Corporation (NASDAQ: PNNT) reported financial results for the first fiscal quarter ending December 31, 2020. Key highlights include:
- Investment portfolio valued at $1,127.1 million.
- GAAP net asset value per share increased by 12.0% to $8.78.
- Net investment income totaled $8.3 million ($0.12 per share), down from $10.2 million ($0.15 per share) in Q1 2019.
- Net realized losses amounted to $17.6 million.
- Operating activities generated cash of $35.0 million.
Management expressed confidence in future income growth.
PennantPark Investment Corporation (NASDAQ: PNNT) will report its first fiscal quarter results for the period ending December 31, 2020, on February 9, 2021. Following this, a conference call is scheduled for February 10, 2021, at 1:00 p.m. ET to discuss the financial results. Interested participants can join the call by dialing toll-free (888) 394-8218 or for international callers at (323) 701-0225. PennantPark primarily invests in U.S. middle-market private companies through various debt and equity instruments.
PennantPark Investment Corporation (NASDAQ: PNNT) will report financial results for Q1, ended December 31, 2020, on February 9, 2021, after market close. A conference call to discuss these results will be held on February 10, 2021, at 12:00 p.m. ET. Interested participants can join by calling toll-free (888) 394-8218. PennantPark focuses on investing in U.S. middle-market private companies through various debt and equity instruments, under the management of PennantPark Investment Advisers, which oversees approximately $3.5 billion in assets.
PennantPark Investment Corporation (NASDAQ: PNNT) announced a distribution of $0.12 per share for the first fiscal quarter of 2021. This payment is scheduled for January 4, 2021, to stockholders on record as of December 17, 2020. The distribution will come from taxable net investment income, and specific tax characteristics will be reported on Form 1099 at year-end. The company primarily invests in U.S. middle-market private companies via secured debt and equity investments, managed by PennantPark Investment Advisers, which oversees approximately $3.5 billion in assets.
PennantPark Investment Corporation (NASDAQ: PNNT) reported its financial results for Q4 and fiscal year ended September 30, 2020. Total assets amounted to $1,081.8 million, with a net asset value (NAV) per share of $7.84, a slight increase of 0.3% from the previous quarter. Net investment income was $7.3 million, or $0.11 per share, down from $9.6 million, or $0.14 per share, in Q4 2019. The company recorded net unrealized depreciation of $83.8 million. During the fiscal year, investments totaled $319.3 million, while distributions declared were $0.60 per share. The company extended its incentive fee waiver through December 31, 2020.
PennantPark Investment Corporation (NASDAQ: PNNT) will report its fourth fiscal quarter results for the period ending September 30, 2020, on November 19, 2020. A conference call to discuss these results is scheduled for November 20, 2020, at 10:00 a.m. ET. The company primarily invests in middle-market private companies through various debt and equity instruments, managed by PennantPark Investment Advisers, LLC, which oversees approximately $3.6 billion in assets. Interested parties can participate in the call or access a replay afterward.
PennantPark Investment Corporation (NASDAQ: PNNT) will report its third fiscal quarter results for the period ending June 30, 2020, on August 5, 2020.
A conference call to discuss these financial results is scheduled for August 6, 2020, at 12:00 p.m. ET. The call will be accessible to all interested parties via a toll-free number.
Managed by PennantPark Investment Advisers, LLC, the Company focuses on investing in U.S. middle-market private companies through various secured and equity investments.
PennantPark Investment Corporation (NASDAQ: PNNT) announces a third fiscal quarter 2020 distribution of $0.12 per share, set for payment on July 1, 2020. Stockholders of record as of June 17, 2020 will receive the payout, which is expected to come from taxable net investment income. The specific tax characteristics will be detailed on Form 1099 after the calendar year ends. PennantPark specializes in investments in U.S. middle-market private companies through secured debt and equity.