PennantPark raises quarterly dividend 5% to $0.21 per share, Q3 NII $0.35 per share

PENNANTPARK INVESTMENT CORP

Q3 net investment income $23.0M ($0.35/share); core NII $0.22/share; GAAP NAV per share $7.72.
Dividend increased 5% to $0.21 per share, payable Oct 2, 2023; company switching to monthly distributions.
Investment income rose to $45.0M from $23.3M YoY, driven by higher yields and Dominion Voting dividend.
PSLF CLO VII closed a $300M debt securitization; PSLF retained $54M subordinated notes.
Portfolio yield on debt investments 12.7% at quarter-end, up from 10.8% a year earlier.

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 third quarter ended June 30, 2023.

Period: third quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 9, 2023, PennantPark Investment Corporation (the "Company") issued a press release announcing its financial results for the third quarter ended June 30, 2023.

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Source: SEC EDGAR

accession 0001171843-23-005149

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