secwatch.observer — SEC 8-K summary
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Issuer:     PENNANTPARK INVESTMENT CORP (PNNT)
CIK:        0001383414
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001171843-23-005149
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383414/000117184323005149/0001171843-23-005149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383414/000117184323005149/f8k_080923.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-005149

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