PennantPark Investment declares a monthly dividend of $0.08 per share, set to be paid on March 3rd.

PennantPark Investment Co. (PNNT) announced a monthly dividend of $0.08 per share, with an annualized rate of $0.96, yielding 13.45%. The dividend will be paid on March 3rd to shareholders on record as of February 18th. The company has a debt-to-equity ratio of 1.56 and a market cap of $465.92 million. Analysts have a consensus "Hold" rating, but the payout ratio of 112.9% suggests it relies on its balance sheet to cover dividends.

5 weeks ago
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