PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

Rhea-AI Summary

PennantPark Investment Corporation (NYSE: PNNT) has announced a monthly distribution of $0.08 per share for June 2025, payable on July 1, 2025, to stockholders of record as of June 16, 2025. The distribution will be funded from taxable net investment income. PennantPark Investment Corporation operates as a business development company focusing on U.S. middle-market private companies, providing various forms of debt and equity investments. The company is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing approximately $10 billion of investable capital. The management firm, founded in 2007, offers comprehensive financing solutions to middle-market borrowers and has offices across major U.S. cities and Amsterdam.

Positive

• Regular monthly dividend distribution demonstrates commitment to shareholder returns
• Strong management platform with $10 billion in investable capital under management
• Diversified geographical presence with offices across major U.S. cities and Amsterdam

Negative

• None.

MIAMI, June 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for June 2025 of $0.08 per share, payable on July 1, 2025 to stockholders of record as of June 16, 2025. 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.

ABOUT PENNANTPARK INVESTMENT CORPORATION

PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.

ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing approximately $10 billion of investable capital, including available leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Investment Corporation files under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

CONTACT:
Richard T. Allorto, Jr.
PennantPark Investment Corporation
(212) 905-1000
www.pennantpark.com

FAQ

What is the dividend amount and payment date for PNNT's June 2025 distribution?

PNNT announced a monthly distribution of $0.08 per share, payable on July 1, 2025, to stockholders of record as of June 16, 2025.

How much assets under management does PennantPark Investment Advisers manage?

PennantPark Investment Advisers manages approximately $10 billion of investable capital, including available leverage.

What is PennantPark Investment Corporation's main business focus?

PNNT 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.

Where is PennantPark Investment Advisers headquartered?

PennantPark Investment Advisers is headquartered in Miami, with additional offices in New York, Chicago, Houston, Los Angeles, and Amsterdam.

What is the source of PNNT's June 2025 distribution?

The distribution is expected to be paid from taxable net investment income.