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Stock impact report

PennantPark Investment: Expect Further Losses And A Lower Dividend [Seeking Alpha]

PennantPark Investment Corporation (PNNT) 
Last pennantpark investment corporation earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantparkinvestment.mwnewsroom.com
Company Research Source: Seeking Alpha
Despite a headline yield of ~16.8%, PNNT's dividend is unsustainable; the base payout will halve to $0.04 per share by December 2026. Net investment activity remains negative, with repayments outpacing new investments, limiting prospects for NAV growth in a high-rate environment. Rising non-accruals, growing PIK income, and ordinary dividend tax treatment further undermine PNNT's risk/reward profile for income-focused investors. Diy13/iStock via Getty Images Overview PennantPark Investment Corporation's ( PNNT ) continuous decline in share price has now caused this business development company, or BDC, to offer one of the highest dividend yields in the sector. The BDC's decline has caused PNNT to This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I Show less Read more
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