PennantPark Investment Co. (PNNT) to Issue Special Dividend of $0.04 on August 3rd

Posted by Trevor Kearing on Jul 13th, 2026

PennantPark Investment Co. (NASDAQ:PNNT – Get Free Report) declared a special dividend on Thursday, July 2nd. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.04 per share by the asset manager on Monday, August 3rd. This represents a dividend yield of 1,393.0%. The ex-dividend date is Wednesday, July 15th.

PennantPark Investment has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. PennantPark Investment has a dividend payout ratio of 67.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect PennantPark Investment to earn $0.80 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 60.0%.

PennantPark Investment Stock Up 0.4%

NASDAQ PNNT opened at $3.46 on Monday. PennantPark Investment has a 12 month low of $3.30 and a 12 month high of $7.53. The company has a market capitalization of $225.60 million, a P/E ratio of 13.29 and a beta of 0.58. The company’s 50 day simple moving average is $3.83 and its 200 day simple moving average is $4.72. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.47 and a quick ratio of 0.47.

PennantPark Investment Company Profile

(Get Free Report)

PennantPark Investment Corporation is a publicly traded closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Since its formation in 2006, PennantPark has focused on providing customized financing solutions to middle-market companies across the United States. The firm’s investment advisory services are provided by PennantPark Investment Advisers, LLC, which sources and structures transactions tailored to the unique needs of its portfolio companies.

The company’s core strategy centers on debt and equity investments in U.S.-based businesses, typically those with annual revenues between $10 million and $200 million.