PennantPark Investment Corp. (PNNT) Announces Quarterly Dividend of $0.28
PennantPark Investment Corp. (NASDAQ:PNNT) declared a quarterly dividend on Tuesday, June 3rd, Analyst Ratings Net reports. Investors of record on Thursday, June 19th will be given a dividend of 0.28 per share on Tuesday, July 1st. This represents a $1.12 dividend on an annualized basis and a yield of 10.12%.
Shares of PennantPark Investment Corp. (NASDAQ:PNNT) traded up 0.64% on Tuesday, hitting $11.07. The stock had a trading volume of 548,218 shares. PennantPark Investment Corp. has a 52 week low of $10.32 and a 52 week high of $12.19. The stock has a 50-day moving average of $10.81 and a 200-day moving average of $11.24.
PennantPark Investment Corp. (NASDAQ:PNNT) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.02. The company had revenue of $37.88 million for the quarter, compared to the consensus estimate of $35.91 million. On average, analysts predict that PennantPark Investment Corp. will post $1.14 earnings per share for the current fiscal year.
PennantPark Investment Corporation (NASDAQ:PNNT) is a business development company focused to generate both income and capital appreciation through debt and equity investments in the United States middle-market companies in the form of senior secured loans, mezzanine debt and equity investments.
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