黑料网

STOCK TITAN

PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

PennantPark Investment (NYSE: PNNT) has announced its monthly distribution of $0.08 per share for January 2025. The distribution will be payable on February 3, 2025, to stockholders of record as of January 15, 2025.

The distribution is expected to be funded from taxable net investment income, with specific tax characteristics to be reported to stockholders on Form 1099 after the calendar year end. PennantPark Investment operates as a business development company focusing on U.S. middle-market private companies, primarily investing in first lien secured debt, second lien secured debt, subordinated debt, and equity investments.

The company is managed by PennantPark Investment Advisers, , a middle market credit platform managing $8.9 billion of investable capital, including available leverage. Since 2007, the advisory firm has provided financing solutions to middle-market borrowers and private equity firms.

PennantPark Investment (NYSE: PNNT) ha annunciato la sua distribuzione mensile di 0,08$ per azione per gennaio 2025. La distribuzione sar脿 pagabile il 3 febbraio 2025 agli azionisti registrati al 15 gennaio 2025.

Si prevede che la distribuzione sar脿 finanziata con reddito netto di investimento tassabile, con specifiche caratteristiche fiscali che saranno riportate agli azionisti sul Modulo 1099 dopo la fine dell'anno solare. PennantPark Investment opera come una societ脿 di sviluppo aziendale focalizzata sulle aziende private del mercato intermedio negli Stati Uniti, investendo principalmente in debito garantito da primo lien, debito garantito da secondo lien, debito subordinato e investimenti in equity.

L'azienda 猫 gestita da PennantPark Investment Advisers, una piattaforma di credito per il mercato intermedio che gestisce 8,9 miliardi di dollari di capitale investibile, compreso il leverage disponibile. Dal 2007, la societ脿 di consulenza ha fornito soluzioni di finanziamento a mutuatari del mercato intermedio e societ脿 di private equity.

PennantPark Investment (NYSE: PNNT) ha anunciado su distribuci贸n mensual de $0.08 por acci贸n para enero de 2025. La distribuci贸n se pagar谩 el 3 de febrero de 2025 a los accionistas registrados hasta el 15 de enero de 2025.

Se espera que la distribuci贸n se financie con ingresos netos de inversi贸n sujetos a impuestos, con caracter铆sticas fiscales espec铆ficas que se informar谩n a los accionistas en el Formulario 1099 despu茅s del final del a帽o calendario. PennantPark Investment opera como una empresa de desarrollo comercial centrada en empresas privadas de mercado medio en EE. UU., invirtiendo principalmente en deuda asegurada de primer gravamen, deuda asegurada de segundo gravamen, deuda subordinada e inversiones en acciones.

La empresa es administrada por PennantPark Investment Advisers, una plataforma de cr茅dito de mercado medio que gestiona 8.9 mil millones de d贸lares de capital disponible para inversi贸n, incluida la palanca disponible. Desde 2007, la firma de asesoramiento ha proporcionado soluciones de financiamiento a prestatarios de mercado medio y firmas de capital privado.

PennantPark Investment (NYSE: PNNT)電 2025雲 1鞗 欤茧嫻 $0.08鞚 鞗 氚半嫻旮堨潉 氚滍憸頄堨姷雼堧嫟. 氚半嫻旮堨潃 2025雲 2鞗 3鞚检棎 2025雲 1鞗 15鞚 旮办 欤检<鞐愱矊 歆旮夒悹 鞓堨爼鞛呺媹雼.

鞚措矆 氚半嫻旮堨潃 瓿检劯 雽靸 靾 韴瀽 靻岆摑鞙茧 於╇嫻霅 鞓堨爼鞚措┌, 韸轨爼 靹鸽 韸轨劚鞚 鞐半 頉勳棎 欤检<鞐愱矊 1099 鞏戩嫕鞙茧 氤搓碃霅 瓴冹瀰雼堧嫟. PennantPark Investment電 氙戈淡 欷戧皠 鞁滌灔鞚 牍勳儊鞛 旮办梾鞐 歆戩頃橂姅 牍勳雼堨姢 臧滊皽 須岇偓搿, 欤茧 靹犾垳鞙 雼措炒 毂勲, 頉勳垳鞙 雼措炒 毂勲, 膦呾啀 毂勲 氚 歆攵 韴瀽鞐 韴瀽頃╇媹雼.

須岇偓電 8.9鞏 雼煬鞚 韴瀽 臧電 鞛愲掣鞚 甏毽晿電 欷戧皠 鞁滌灔 鞁犾毄 頂岆灚韽检澑 PennantPark Investment Advisers鞐 鞚橅暣 甏毽惄雼堧嫟. 2007雲 鞚错泟 鞚 鞛愲 須岇偓電 欷戧皠 鞁滌灔 彀毄鞛 氚 靷韼霌滌棎 鞛 靻旊(靺橃潉 鞝滉车頃 鞕旍姷雼堧嫟.

PennantPark Investment (NYSE: PNNT) a annonc茅 sa distribution mensuelle de 0,08$ par action pour janvier 2025. La distribution sera payable le 3 f茅vrier 2025 aux actionnaires inscrits au 15 janvier 2025.

La distribution devrait 锚tre financ茅e par des revenus nets d'investissement imposables, avec des caract茅ristiques fiscales sp茅cifiques 脿 锚tre rapport茅es aux actionnaires sur le formulaire 1099 apr猫s la fin de l'ann茅e civile. PennantPark Investment fonctionne en tant que soci茅t茅 de d茅veloppement commercial se concentrant sur les entreprises priv茅es du march茅 interm茅diaire aux 脡tats-Unis, investissant principalement dans des dettes garanties de premier rang, des dettes garanties de deuxi猫me rang, des dettes subordonn茅es et des investissements en capital.

L'entreprise est g茅r茅e par PennantPark Investment Advisers, une plateforme de cr茅dit sur le march茅 interm茅diaire g茅rant 8,9 milliards de dollars de capital investissable, y compris l'effet de levier disponible. Depuis 2007, la soci茅t茅 de conseil a fourni des solutions de financement aux emprunteurs du march茅 interm茅diaire et aux soci茅t茅s de capital-investissement.

PennantPark Investment (NYSE: PNNT) hat seine monatliche Aussch眉ttung von $0,08 pro Aktie f眉r Januar 2025 bekannt gegeben. Die Aussch眉ttung wird am 3. Februar 2025 an die Aktion盲re ausgezahlt, die am 15. Januar 2025 im Aktienregister stehen.

Die Aussch眉ttung wird voraussichtlich aus steuerpflichtigen Nettoeinnahmen aus Investitionen finanziert, wobei spezifische steuerliche Merkmale den Aktion盲ren nach Ende des Kalenderjahres auf Formular 1099 mitgeteilt werden. PennantPark Investment fungiert als Unternehmen zur Gesch盲ftsentwicklung, das sich auf US-amerikanische mittelst盲ndische Privatunternehmen konzentriert und haupts盲chlich in First-Lien-Darlehen, Second-Lien-Darlehen, nachrangige Darlehen und Beteiligungsinvestitionen investiert.

Das Unternehmen wird von PennantPark Investment Advisers, einer Mittelstands-Kreditplattform, geleitet, die 8,9 Milliarden Dollar an investierbarem Kapital, einschlie脽lich verf眉gbarer Hebelwirkung, verwaltet. Seit 2007 hat das Beratungsunternehmen Finanzierungsl枚sungen f眉r mittelst盲ndische Kreditnehmer und Private-Equity-Firmen bereitgestellt.

Positive
  • Consistent monthly dividend distribution maintained at $0.08 per share
  • Strong asset management with $8.9 billion in investable capital under management
  • Distribution to be paid from taxable net investment income, indicating operational profitability
Negative
  • None.

Insights

This monthly distribution announcement warrants attention as it provides stable income for PNNT shareholders. At $0.08 per share monthly, this translates to an annual distribution of $0.96, representing a significant yield based on current market price. The distribution's funding source from taxable net investment income suggests sustainable quality of earnings from their middle-market lending operations. PennantPark's substantial $8.9 billion in manageable capital, including leverage, positions them well in the competitive middle-market lending space. The company's strategic focus on first lien secured debt provides a layer of safety in their investment approach, while their multi-office presence across major financial centers enhances deal sourcing capabilities. For BDC investors, consistent monthly distributions backed by investment income rather than return of capital is a positive indicator of portfolio health and management efficiency. The predictable income stream is particularly valuable in the current market environment where yield-focused investments are closely monitored.

MIAMI, Jan. 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for January 2025 of $0.08 per share, payable on February 3, 2025 to stockholders of record as of January 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 $8.9 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 鈥渇orward-looking statements鈥 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 鈥渟afe harbor鈥 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 PNNT's January 2025 dividend payment amount and date?

PennantPark Investment (PNNT) will pay a dividend of $0.08 per share on February 3, 2025, to stockholders of record as of January 15, 2025.

How much assets under management does PennantPark Investment Advisers manage as of January 2025?

PennantPark Investment Advisers manages $8.9 billion of investable capital, including available leverage.

What types of investments does PNNT primarily make?

PNNT primarily invests in U.S. middle-market private companies through first lien secured debt, second lien secured debt, subordinated debt, and equity investments.

How will PNNT's January 2025 distribution be funded?

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

When will PNNT shareholders receive tax information about the January 2025 distribution?

The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

Pennant Investment Corp

NYSE:PNNT

PNNT Rankings

PNNT Latest News

PNNT Stock Data

469.48M
63.09M
3.36%
23.93%
1.97%
Asset Management
Financial Services
United States of America
NEW YORK