PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
PennantPark Investment Dividend Announcement
• PennantPark Investment announced a monthly dividend of $0.08 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• PennantPark Investment annual dividend for 2024 was $0.83
• PennantPark Investment annual dividend for 2023 was $0.81
• PennantPark Investment's trailing twelve-month (TTM) dividend yield is 12.66%
• PennantPark Investment's payout ratio for the trailing twelve months (TTM) is 148.00%
• PennantPark Investment's dividend growth over the last five years (2018-2023) was 2.26% year
• PennantPark Investment's dividend growth over the last ten years (2013-2023) was -3.25% year
PennantPark Investment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.08 | monthly | 2024-12-02 |
| 2024-10-16 | $0.08 | monthly | 2024-11-01 |
| 2024-09-16 | $0.08 | monthly | 2024-10-01 |
| 2024-08-16 | $0.08 | monthly | 2024-09-03 |
| 2024-07-15 | $0.08 | monthly | 2024-08-01 |
| 2024-06-14 | $0.08 | monthly | 2024-07-01 |
| 2024-05-14 | $0.07 | monthly | 2024-06-03 |
| 2024-04-12 | $0.07 | monthly | 2024-05-01 |
| 2024-03-15 | $0.07 | monthly | 2024-04-01 |
| 2024-02-14 | $0.07 | monthly | 2024-03-01 |
| 2024-01-12 | $0.07 | monthly | 2024-02-01 |
| 2023-12-15 | $0.07 | monthly | 2024-01-02 |
| 2023-11-15 | $0.07 | monthly | 2023-12-01 |
| 2023-10-16 | $0.07 | monthly | 2023-11-01 |
| 2023-09-15 | $0.21 | monthly | 2023-10-02 |
| 2023-06-14 | $0.20 | monthly | 2023-07-03 |
| 2023-03-15 | $0.18 | monthly | 2023-04-03 |
| 2022-12-16 | $0.17 | monthly | 2023-01-03 |
| 2022-09-16 | $0.15 | monthly | 2022-10-03 |
| 2022-06-16 | $0.14 | monthly | 2022-07-01 |
| 2022-03-16 | $0.14 | monthly | 2022-04-01 |
| 2021-12-17 | $0.12 | monthly | 2022-01-03 |
| 2021-09-16 | $0.12 | monthly | 2021-10-01 |
| 2021-06-16 | $0.12 | monthly | 2021-07-01 |
| 2021-03-17 | $0.12 | monthly | 2021-04-01 |
| 2020-12-16 | $0.12 | monthly | 2021-01-04 |
| 2020-09-16 | $0.12 | monthly | 2020-10-01 |
| 2020-06-16 | $0.12 | monthly | 2020-07-01 |
| 2020-03-17 | $0.18 | monthly | 2020-04-01 |
| 2019-12-18 | $0.18 | monthly | 2020-01-02 |
| 2019-09-16 | $0.18 | monthly | 2019-10-01 |
| 2019-06-14 | $0.18 | monthly | 2019-07-01 |
| 2019-03-19 | $0.18 | monthly | 2019-04-01 |
| 2018-12-20 | $0.18 | monthly | 2019-01-02 |
| 2018-09-14 | $0.18 | monthly | 2018-10-02 |
| 2018-06-15 | $0.18 | monthly | 2018-07-02 |
| 2018-03-16 | $0.18 | monthly | 2018-04-02 |
| 2017-12-22 | $0.18 | monthly | 2018-01-02 |
| 2017-09-19 | $0.18 | monthly | 2017-10-02 |
| 2017-06-19 | $0.18 | monthly | 2017-07-03 |
| 2017-03-20 | $0.18 | monthly | 2017-04-03 |
| 2016-12-20 | $0.28 | monthly | 2017-01-03 |
| 2016-09-19 | $0.28 | monthly | 2016-10-03 |
| 2016-06-16 | $0.28 | monthly | 2016-07-01 |
| 2016-03-16 | $0.28 | monthly | 2016-04-01 |
| 2015-12-22 | $0.28 | monthly | 2016-01-04 |
| 2015-09-17 | $0.28 | monthly | 2015-10-01 |
| 2015-06-11 | $0.28 | monthly | 2015-07-01 |
| 2015-03-18 | $0.28 | monthly | 2015-04-01 |
| 2014-12-17 | $0.28 | monthly | 2015-01-02 |
| 2014-09-24 | $0.28 | monthly | 2014-10-01 |
| 2014-06-17 | $0.28 | monthly | 2014-07-01 |
| 2014-03-18 | $0.28 | monthly | 2014-04-01 |
| 2013-12-18 | $0.28 | monthly | 2014-01-02 |
| 2013-09-18 | $0.28 | monthly | 2013-10-01 |
| 2013-06-19 | $0.28 | monthly | 2013-07-01 |
| 2013-03-20 | $0.28 | monthly | 2013-04-01 |
PennantPark Investment Dividend per year
PennantPark Investment Dividend growth
PennantPark Investment Dividend Yield
PennantPark Investment current trailing twelve-month (TTM) dividend yield is 12.66%. Interested in purchasing PennantPark Investment stock? Use our calculator to estimate your expected dividend yield:
PennantPark Investment Financial Ratios
P/E ratio10.73
PEG ratio-0.06
P/B ratio0.93
ROE8.58%
Payout ratio148.00%
Current ratio0.87
Quick ratio0.87
Cash Ratio0.71
PennantPark Investment Dividend FAQ
How much is the next PennantPark Investment dividend?
PennantPark Investment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PennantPark Investment dividend. The next PennantPark Investment dividend will be released in March, June, September, October, November, or December.
When is PennantPark Investment dividend paid?
PennantPark Investment pays dividends on a monthly basis. The specific dates may vary each year but are generally around March, June, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does PennantPark Investment pay?
The specific amount of PennantPark Investment dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PennantPark Investment's dividend history.
Does PennantPark Investment stock pay dividends?
Yes, PennantPark Investment does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PennantPark Investment's dividend history.
How much dividend does PennantPark Investment pay?
PennantPark Investment paid $0.83 in 2024, $0.805 in 2023, $0.6 in 2022, $0.48 in 2021, and $0.54 in 2020.
How often does PennantPark Investment pay dividends?
PennantPark Investment typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around March, June, September, October, November, and December.
What is PennantPark Investment's dividend yield?
The current dividend yield for PennantPark Investment is 12.66%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate PennantPark Investment's exact dividend yield.
When does PennantPark Investment go ex dividend?
PennantPark Investment's ex-dividend date for the latest dividend was on 2024-11-15. PennantPark Investment typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next PennantPark Investment dividend paid?
PennantPark Investment pays dividends on a monthly basis, typically around March, June, September, October, November, or December, but the exact dates can vary each year.
Will PennantPark Investment increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether PennantPark Investment will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is PennantPark Investment dividend per share?
PennantPark Investment paid $0.83 per share in 2024 and $0.805 per share in 2023. The amount of dividend per share that PennantPark Investment pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is PennantPark Investment a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is PennantPark Investment a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is PennantPark Investment a dividend stock?
Yes, PennantPark Investment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PennantPark Investment a good dividend stock?
Whether PennantPark Investment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PennantPark Investment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating PennantPark Investment as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating PennantPark Investment as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does PennantPark Investment pay dividends monthly?
PennantPark Investment typically pays dividends on a monthly basis.
Does PennantPark Investment pay dividends quarterly?
PennantPark Investment currently pays dividends on a monthly basis.
Has PennantPark Investment ever paid a dividend?
Yes, PennantPark Investment has a history of paying dividends to its shareholders. PennantPark Investment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PennantPark Investment dividend stocks?
To buy PennantPark Investment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy PennantPark Investment stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy PennantPark Investment stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does PennantPark Investment pay dividends 2024?
PennantPark Investment pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will PennantPark Investment increase its dividend in 2024?
Decisions regarding PennantPark Investment dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date PennantPark Investment dividend overview you can look into the above table of dividend history.
How PennantPark Investment dividend works?
The PennantPark Investment dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how PennantPark Investment's dividend process works:
1. Determination of Dividend: PennantPark Investment's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PennantPark Investment publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PennantPark Investment distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PennantPark Investment are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: PennantPark Investment's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PennantPark Investment publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PennantPark Investment distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PennantPark Investment are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are PennantPark Investment dividends paid?
PennantPark Investment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: PennantPark Investment sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PennantPark Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PennantPark Investment declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: PennantPark Investment sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PennantPark Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PennantPark Investment declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does PennantPark Investment pay dividends?
PennantPark Investment typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does PennantPark Investment pay dividends?
The general pattern is that PennantPark Investment pays dividends around March, June, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is PennantPark Investment dividend safe?
The safety of PennantPark Investment's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of PennantPark Investment's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PennantPark Investment's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of PennantPark Investment's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PennantPark Investment's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.