PennantPark Investment raises quarterly dividend 8.1% to $0.20; Q2 NII $0.26/share

PENNANTPARK INVESTMENT CORP

Q2 net investment income $16.6M ($0.26/sh); core NII $0.21/sh, covering new $0.20 dividend.
Quarterly dividend raised 8.1% to $0.20/sh from $0.185; payable July 3, 2023.
GAAP NAV per share $7.60, down 1.4% sequentially; adjusted NAV $7.44.
Portfolio yield 12.1%; $58.3M purchased, $106.2M sold/repaid in quarter.
Dominion settlement may yield ~$12M distribution to PNNT; CCO resigned, replaced.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PENNANTPARK INVESTMENT CORP reported financial results for the second quarter ended March 31, 2023.

Period: the second quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On May 10, 2023, PennantPark Investment Corporation (the "Company") issued a press release announcing its financial results for the second quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0000950170-23-020506

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