PennantPark Investment Corporation Declares Monthly Distribution of $0.08 Per Share

PennantPark Investment Corporation has declared its monthly distribution for July 2024 of $0.08 per share, payable on August 1, 2024, to stockholders of record as of July 15, 2024. The distribution is expected to be paid from taxable net investment income. This announcement provides insight into the company's financial operations and its commitment to providing regular dividends to its shareholders.

Key Takeaways:

• The Company declared a monthly distribution of $0.08 per share for July 2024.
• The distribution is payable on August 1, 2024, to stockholders of record as of July 15, 2024.
• The distribution is expected to be paid from taxable net investment income.
• The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
• PennantPark Investment Corporation is a business development company primarily investing in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt, and equity investments.
• The Company is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing $7.5 billion of investable capital, including available leverage.
• Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions.

Statistics:

• Distribution amount: $0.08 per share
• Payment date: August 1, 2024
• Record date: July 15, 2024
• Total capital managed: $7.5 billion