PNNT Stock Recent News

MIAMI, July 14, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for August 2025 of $0.08 per share, payable on September 2, 2025 to stockholders of record as of August 15, 2025 and declares its monthly distribution for September 2025 of $0.08 per share, payable on September 30, 2025 to stockholders of record as of September 15, 2025. The distributions are expected to be paid from taxable net investment income. The final specific tax characteristics of the distributions 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.

High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.

MIAMI, July 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on Monday, August 11, 2025 after the close of the financial markets.

MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for July 2025 of $0.08 per share, payable on August 1, 2025 to stockholders of record as of July 15, 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.

June U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (80); 2. Stocks-by-price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash-Flow-Margins. Analyst estimates suggest top MoPay stocks could net 16.48% to 33.67% gains by June 2026, with an average net gain of 23.57% and higher-than-market risk. The dogcatcher rule highlights 31 'safer' MoPay stocks where dividends from $1K invested exceed share price, positive returns, and strong free cash flow coverage.

I favor BDCs and REITs for their attractive yields and solid fundamentals, making them key components of my income-focused portfolio. Yet, the current market conditions are unfavorable for both BDCs and REITs, with limited prospects for earnings growth, or price appreciation. Despite bargain valuations, investors must remain cautious, due to heightened risks of dividend cuts and permanent capital impairment.

High-yield stocks can be powerful income and total return generators. However, many of them are at risk of a dividend cut. We share two big dividends that are at risk of cutting their dividends in the near future.

BDCs do not respond well to falling interest rates. The consensus indicates that we will likely have more rate cuts in the near future. So, for many BDCs, this will be a problem.

In the bond world, double digit yields ordinarily equate to junk bonds with a higher than normal default risk.

The stock market is in a bull-mode again. It is easy to become complacent in such a situation. Yet, the risks stemming mostly from the policy-side are not gone.