PennantPark Declares $0.08 Monthly Dividend for January 2025, Manages $8.9B Portfolio

PennantPark Declares $0.08 Monthly Dividend for January 2025, Manages $8.9B Portfolio





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 sarà pagabile il 3 febbraio 2025 agli azionisti registrati al 15 gennaio 2025.

Si prevede che la distribuzione sarà 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 società 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 è 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 società di consulenza ha fornito soluzioni di finanziamento a mutuatari del mercato intermedio e società di private equity.

PennantPark Investment (NYSE: PNNT) ha anunciado su distribución mensual de $0.08 por acción para enero de 2025. La distribución se pagará el 3 de febrero de 2025 a los accionistas registrados hasta el 15 de enero de 2025.

Se espera que la distribución se financie con ingresos netos de inversión sujetos a impuestos, con características fiscales específicas que se informarán a los accionistas en el Formulario 1099 después del final del año 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 crédito de mercado medio que gestiona 8.9 mil millones de dólares de capital disponible para inversión, 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)는 2025년 1월 주당 $0.08의 월 배당금을 발표했습니다. 배당금은 2025년 2월 3일에 2025년 1월 15일 기준 주주에게 지급될 예정입니다.

이번 배당금은 과세 대상 순 투자 소득으로 충당될 예정이며, 특정 세무 특성이 연말 후에 주주에게 1099 양식으로 보고될 것입니다. PennantPark Investment는 미국 중간 시장의 비상장 기업에 집중하는 비즈니스 개발 회사로, 주로 선순위 담보 채무, 후순위 담보 채무, 종속 채무 및 지분 투자에 투자합니다.

회사는 8.9억 달러의 투자 가능 자본을 관리하는 중간 시장 신용 플랫폼인 PennantPark Investment Advisers에 의해 관리됩니다. 2007년 이후 이 자문 회사는 중간 시장 차용자 및 사모펀드에 재무 솔루션을 제공해 왔습니다.

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

La distribution devrait être financée par des revenus nets d’investissement imposables, avec des caractéristiques fiscales spécifiques à être rapportées aux actionnaires sur le formulaire 1099 après la fin de l’année civile. PennantPark Investment fonctionne en tant que société de développement commercial se concentrant sur les entreprises privées du marché intermédiaire aux États-Unis, investissant principalement dans des dettes garanties de premier rang, des dettes garanties de deuxième rang, des dettes subordonnées et des investissements en capital.

L’entreprise est gérée par PennantPark Investment Advisers, une plateforme de crédit sur le marché intermédiaire gérant 8,9 milliards de dollars de capital investissable, y compris l’effet de levier disponible. Depuis 2007, la société de conseil a fourni des solutions de financement aux emprunteurs du marché intermédiaire et aux sociétés de capital-investissement.

PennantPark Investment (NYSE: PNNT) hat seine monatliche Ausschüttung von $0,08 pro Aktie für Januar 2025 bekannt gegeben. Die Ausschüttung wird am 3. Februar 2025 an die Aktionäre ausgezahlt, die am 15. Januar 2025 im Aktienregister stehen.

Die Ausschüttung wird voraussichtlich aus steuerpflichtigen Nettoeinnahmen aus Investitionen finanziert, wobei spezifische steuerliche Merkmale den Aktionären nach Ende des Kalenderjahres auf Formular 1099 mitgeteilt werden. PennantPark Investment fungiert als Unternehmen zur Geschäftsentwicklung, das sich auf US-amerikanische mittelständische Privatunternehmen konzentriert und hauptsächlich 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, einschließlich verfügbarer Hebelwirkung, verwaltet. Seit 2007 hat das Beratungsunternehmen Finanzierungslösungen für mittelständische 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

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 “forward-looking statements” 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 “safe harbor” 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.





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