PennantPark Investment Corporation - common stock (PNNT) Dividends

PennantPark Investment Corporation - common stock (PNNT): $6.95

0.11 (+1.61%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Private Equity

Industry

F

Ranked

#35 of 35

in industry

Dividend Yield and Dividend History Highlights

  • If you care about predictable cash flow, note that PNNT reports less variability in its free cash flow than just 1.49% of the dividend stocks we're tracking.
  • As for stocks whose price is uncorrelated with PNNT's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: HMG, SWBI, NOC, VST and NLOK.
PNNT Ex-Dividend Date
PNNT Dividend Yield
14.03%
PNNT Annual Dividend
$0.96
PNNT Payout Ratio

PNNT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$6.95$26.02 238.82%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of PNNT, the DDM model generated by StockNews estimates a return of positive 238.82% in comparison to its current price. To help understand and contextualize the model's evaluation of PNNT, investors may wish to consider are:

  • Compared to other US stocks that pay a dividend, Pennantpark Investment Corp's dividend yield of 7.29% is in the top 7.65000000000001%.
  • In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 238.82%, based on the stock's current share price and target price based on a dividend discount model, is greater than 84.44% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Pennantpark Investment Corp bears a discount rate, according to our calculations, lower than 84.44% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • In terms of who is growing the amount of dividends they return to shareholders, Pennantpark Investment Corp has been increasing its dividends at a faster rate than 6.3% of US-listed dividend-issuing stocks we observed.


PNNT Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-12-16Dividend$0.08--
2024-11-15Dividend$0.08--
2024-10-16Dividend$0.08--
2024-09-16Dividend$0.08--
2024-08-16Dividend$0.08--
2024-07-15Dividend$0.08--
2024-06-14Dividend$0.08+14.29%
2024-05-14Dividend$0.07--
2024-04-12Dividend$0.07--
2024-03-15Dividend$0.07--
2024-02-14Dividend$0.07--
2024-01-12Dividend$0.07--
2023-12-15Dividend$0.07--
2023-11-15Dividend$0.07--
2023-10-16Dividend$0.07-66.67%
2023-09-15Dividend$0.21+5.00%
2023-06-14Dividend$0.20+8.11%
2023-03-15Dividend$0.19+12.12%
2022-12-16Dividend$0.17+10.00%
2022-09-16Dividend$0.15+3.45%
2022-06-16Dividend$0.15+3.57%
2022-03-16Dividend$0.14+16.67%
2021-12-17Dividend$0.12--
2021-09-16Dividend$0.12--
2021-06-16Dividend$0.12--
2021-03-17Dividend$0.12--
2020-12-16Dividend$0.12--
2020-09-16Dividend$0.12--
2020-06-16Dividend$0.12-33.33%
2020-03-17Dividend$0.18--
2019-12-18Dividend$0.18--
2019-09-16Dividend$0.18--
2019-06-14Dividend$0.18--
2019-03-19Dividend$0.18--
2018-12-20Dividend$0.18--
2018-09-14Dividend$0.18--
2018-06-15Dividend$0.18--
2018-03-16Dividend$0.18--
2017-12-22Dividend$0.18--
2017-09-19Dividend$0.18--
2017-06-19Dividend$0.18--
2017-03-20Dividend$0.18-35.71%
2016-12-20Dividend$0.28--
2016-09-19Dividend$0.28--
2016-06-16Dividend$0.28--
2016-03-16Dividend$0.28--
2015-12-22Dividend$0.28--
2015-09-17Dividend$0.28--
2015-06-11Dividend$0.28--
2015-03-18Dividend$0.28--
2014-12-17Dividend$0.28--
2014-09-24Dividend$0.28--
2014-06-17Dividend$0.28--
2014-03-18Dividend$0.28--
2013-12-18Dividend$0.28--
2013-09-18Dividend$0.28--
2013-06-19Dividend$0.28--
2013-03-20Dividend$0.28--
2012-12-19Dividend$0.28--
2012-09-18Dividend$0.28--
2012-06-19Dividend$0.28--
2012-03-20Dividend$0.28--
2011-12-21Dividend$0.28+3.70%
2011-09-21Dividend$0.27--
2011-06-16Dividend$0.27--
2011-03-11Dividend$0.27+3.85%
2010-12-15Dividend$0.26--
2010-09-10Dividend$0.26--
2010-06-22Dividend$0.26--
2010-03-23Dividend$0.26+4.00%
2009-12-22Dividend$0.25+4.17%
2009-09-03Dividend$0.24--
2009-06-22Dividend$0.24--
2009-03-20Dividend$0.24--
2008-12-19Dividend$0.24--
2008-09-22Dividend$0.24+9.09%
2008-06-19Dividend$0.22--
2008-03-19Dividend$0.22--
2007-12-20Dividend$0.22--
2007-09-21Dividend$0.22+57.14%
2007-06-20Dividend$0.14--


PNNT Dividends vs. Peers

PNNT's dividend yield currently ranks #5 of 60 vs. its peers in the Private Equity category.
Rank Symbol Name Dividend Yield
1 FSAM Fifth Street Asset Management Inc. - 0.00%
2 BKCC BlackRock Capital Investment Corporation 0.00%
3 OCSL Oaktree Specialty Lending Corporation 0.00%
4 OCSI Oaktree Strategic Income Corporation 0.00%
5 PNNT PennantPark Investment Corporation - common stock 0.00%
6 NMFC New Mountain Finance Corporation 0.00%
7 SAR Saratoga Investment Corp New 0.00%
8 CMFN CM Finance Inc 0.00%
9 TCPC BlackRock TCP Capital Corp. 0.00%
10 TCRD THL Credit, Inc. 0.00%
11 AINV Apollo Investment Corporation - Closed End Fund 0.00%
12 IEP Icahn Enterprises L.P. 0.00%
13 SCM Stellus Capital Investment Corporation 0.00%
14 FIG Fortress Investment Group LLC 0.00%
15 GAIN Gladstone Investment Corporation - Business Development Company 0.00%
16 WHF WhiteHorse Finance, Inc. 0.00%
17 CGBD TCG BDC, Inc. 0.00%
18 OXSQ Oxford Square Capital Corp. - Closed End Fund 0.00%
19 GARS Garrison Capital Inc. 0.00%
20 SFE Safeguard Scientifics, Inc. New 0.00%
21 GBDC Golub Capital BDC, Inc. 0.00%
22 PSEC Prospect Capital Corporation 0.00%
23 FNFV FNFV Group of Fidelity National Financial, Inc. 0.00%
24 CPTA Capitala Finance Corp. 0.00%
25 GLAD Gladstone Capital Corporation 0.00%
26 KKR KKR & Co. Inc. 0.00%
27 TPVG TriplePoint Venture Growth BDC Corp. 0.00%
28 FSIC FS Investment Corporation 0.00%
29 ECC Eagle Point Credit Company Inc. 0.00%
30 CODI Compass Diversified Holdings Shares of Beneficial Interest 0.00%
31 HRG HRG Group, Inc. 0.00%
32 SLRC Solar Capital Ltd. 0.00%
33 OFS OFS Capital Corporation 0.00%
34 BBX BBX Capital Corporation 0.00%
35 ARCC Ares Capital Corporation - Closed End Fund 0.00%
36 CSWC Capital Southwest Corporation 0.00%
37 HTGC Hercules Capital, Inc. 0.00%
38 OAK Oaktree Capital Group, LLC Class A Limited Liability Company Interests 0.00%
39 APO Apollo Global Management Inc. 0.00%
40 GSVC GSV Capital Corp 0.00%
41 MVC MVC Capital, Inc. 0.00%
42 BX The Blackstone Group Inc. 0.00%
43 OXLC Oxford Lane Capital Corp. 0.00%
44 FDUS Fidus Investment Corporation 0.00%
45 KCAP KCAP Financial, Inc. - 0.00%
46 ABDC Alcentra Capital Corp. 0.00%
47 MRCC Monroe Capital Corporation 0.00%
48 CG Carlyle Group Inc. 0.00%
49 ACSF American Capital Senior Floating, Ltd. 0.00%
50 MAIN Main Street Capital Corporation 0.00%
51 SUNS Solar Senior Capital Ltd. 0.00%
52 BBU Brookfield Business Partners L.P. Limited Partnership Units 0.00%
53 IRS IRSA Inversiones Y Representaciones S.A. 0.00%
54 PFLT PennantPark Floating Rate Capital Ltd. 0.00%
55 MCC Medley Capital Corporation 0.00%
56 HRZN Horizon Technology Finance Corporation 0.00%
57 CLAC Capitol Acquisition Corp. III 0.00%
58 GSBD Goldman Sachs BDC, Inc. 0.00%
59 BAM Brookfield Asset Management Inc. CI A 0.00%
60 TCAP Triangle Capital Corporation 0.00%

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