PennantPark Investment Corporation declares a $0.08 monthly distribution for July 2025, payable August 1, 2025.
Quiver AI Summary
PennantPark Investment Corporation has announced a monthly distribution of $0.08 per share for July 2025, which will be payable on August 1, 2025, to stockholders of record as of July 15, 2025. This distribution is anticipated to be funded from taxable net investment income, with specific tax details to be provided to stockholders on Form 1099 after the calendar year. PennantPark Investment Corporation operates as a business development company, focusing on investments in U.S. middle-market private companies through various forms of debt and equity. The company is managed by PennantPark Investment Advisers, LLC, a recognized middle-market credit platform overseeing around $10 billion in investable capital. The press release also includes a disclaimer regarding forward-looking statements, emphasizing that actual results may vary due to various risks and uncertainties.
Potential Positives
- The declaration of a monthly distribution of $0.08 per share signals financial stability and profitability for PennantPark Investment Corporation.
- The distribution demonstrates the company's commitment to returning value to its stockholders, which can enhance investor confidence.
- The payment is expected to be made from taxable net investment income, indicating a positive financial performance in this area.
- PennantPark Investment Advisers, LLC's management of approximately $10 billion in investable capital underscores the company's significant presence and expertise in the middle market credit sector.
Potential Negatives
- The distribution of $0.08 per share may indicate limited growth potential for the company, as it may reflect a conservative approach to capital allocation.
- The mention of the distribution being paid from taxable net investment income could raise concerns about the sustainability of income generation going forward.
- The inclusion of extensive forward-looking statements may create uncertainty among investors regarding future performance, indicating potential volatility in the company's operations.
FAQ
What is the July 2025 distribution amount for PennantPark Investment Corporation?
PennantPark Investment Corporation has declared a monthly distribution of $0.08 per share for July 2025.
When will the distribution be paid to stockholders?
The distribution is payable on August 1, 2025, to stockholders of record as of July 15, 2025.
From what income is the distribution expected to be paid?
The distribution is expected to be paid from taxable net investment income.
How will tax characteristics of the distribution be reported?
The final specific tax characteristics will be reported to stockholders on Form 1099 after the calendar year.
What types of investments does PennantPark Investment Corporation focus on?
PennantPark invests in U.S. middle-market private companies through first lien, second lien, subordinated debt, and equity investments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PNNT Insider Trading Activity
$PNNT insiders have traded $PNNT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PNNT stock by insiders over the last 6 months:
- JOSE A BRIONES purchased 3,640 shares for an estimated $25,043
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PNNT Hedge Fund Activity
We have seen 42 institutional investors add shares of $PNNT stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 437,489 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,075,547
- MARSHALL WACE, LLP added 280,799 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,974,016
- LEGACY CAPITAL WEALTH PARTNERS, LLC removed 220,538 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,550,382
- TRUVESTMENTS CAPITAL LLC added 213,773 shares (+55.8%) to their portfolio in Q1 2025, for an estimated $1,502,824
- CORNERSTONE WEALTH MANAGEMENT, LLC removed 118,991 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $836,506
- CONFLUENCE INVESTMENT MANAGEMENT LLC removed 105,741 shares (-81.1%) from their portfolio in Q2 2025, for an estimated $723,268
- CETERA INVESTMENT ADVISERS removed 62,086 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $436,464
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PNNT Analyst Ratings
Wall Street analysts have issued reports on $PNNT in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Compass Point issued a "Sell" rating on 05/21/2025
To track analyst ratings and price targets for $PNNT, check out Quiver Quantitative's $PNNT forecast page.
Full Release
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.
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
