PennantPark Investment Corporation announced monthly distributions of $0.08 per share for August and September 2025.
Quiver AI Summary
PennantPark Investment Corporation announced its monthly distributions of $0.08 per share for August and September 2025, with payments scheduled for September 2, 2025, and September 30, 2025, respectively. Stockholders recorded by August 15 and September 15 will receive these distributions, which are expected to come from taxable net investment income. Tax characteristics will be detailed on Form 1099 after the calendar year. PennantPark Investment Corporation specializes in investing in U.S. middle-market private companies through various debt and equity instruments, and is managed by PennantPark Investment Advisers, which has a substantial portfolio in middle market credit. The press release also includes forward-looking statements, cautioning that actual results may vary due to various risks and uncertainties.
Potential Positives
- The declaration of consistent monthly distributions of $0.08 per share for both August and September 2025 signals financial stability and a commitment to return value to shareholders.
- Distributions are expected to be paid from taxable net investment income, indicating that the company is generating sufficient income from its investments.
- The ongoing management by PennantPark Investment Advisers, LLC, a company with approximately $10 billion of investable capital, highlights the company’s strong operational support and resources in the middle-market credit sector.
Potential Negatives
- The monthly distributions of $0.08 per share for both August and September 2025 may indicate limited growth potential, as dividends have remained unchanged over these months.
- Forward-looking statements highlight risks and uncertainties, suggesting potential volatility in future performance, which could deter investor confidence.
- The press release does not provide information on the company's overall financial health or performance metrics, which could leave stakeholders concerned about transparency.
FAQ
What is the monthly distribution declared by PennantPark Investment Corporation for August 2025?
PennantPark Investment Corporation declared a monthly distribution of $0.08 per share for August 2025.
When will the August 2025 distribution be payable?
The August 2025 distribution will be payable on September 2, 2025, to stockholders of record as of August 15, 2025.
What is the significance of the distributions being from taxable net investment income?
The distributions being from taxable net investment income indicates their tax implications for the stockholders, reported on Form 1099.
Who manages PennantPark Investment Corporation?
PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform.
Where is PennantPark Investment Advisers, LLC headquartered?
PennantPark Investment Advisers, LLC is headquartered in Miami, Florida, with additional offices in major cities globally.
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 51 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.
$PNNT Price Targets
Multiple analysts have issued price targets for $PNNT recently. We have seen 2 analysts offer price targets for $PNNT in the last 6 months, with a median target of $5.875.
Here are some recent targets:
- Casey Alexander from Compass Point set a target price of $5.75 on 05/21/2025
- Melissa Wedel from JP Morgan set a target price of $6.0 on 04/24/2025
Full Release
MIAMI, Aug. 04, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT), as previously announced on July 14, 2025, declared 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 declared 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.
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, Amsterdam and Zurich.
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
