earnings
confidence high
sentiment neutral
materiality 0.70
PennantPark Investment increases quarterly distribution 10% to $0.165; reports Q4 NII $0.14 per share
PENNANTPARK INVESTMENT CORP
- Distribution increased 10% to $0.165 per share, payable Jan 3, 2023 to holders of record Dec 19, 2022.
- Q4 net investment income $9.2M ($0.14 per share); core NII $0.18 per share.
- NAV per share $8.98, down 6.9% from prior quarter on net realized losses of $38.7M.
- FY2022 total investment income $105M, up 29% YoY; net realized gains $34.8M.
- Share repurchase program active: repurchased 1.82M shares for $13.2M during FY2022.