PennantPark Investment Corporation, a top BDC stock, offers high dividend yields and complex performance factors.

PennantPark Investment Corporation (PNNT) is highlighted as a top Business Development Company (BDC) stock for investment. BDCs provide capital to small and mid-sized businesses, often offering dividend yields over 5%. Investors should conduct due diligence due to risks, including reliance on debt, which can amplify both returns and losses. Key factors influencing BDC performance include interest rates, credit risk, and tax implications, making them attractive yet complex investment options.

September 21, 2024
15 Articles