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United States. Securities and Exchange Commission

PennantPark Investment Corporation Declares August 2024 Monthly Distribution

Strategic Insights

— 1 min read

PennantPark Investment Corporation, a business development company, has announced its monthly distribution for August 2024 of $0.08 per share. The distribution is expected to be paid from taxable net investment income and will be payable on September 3, 2024, to stockholders of record as of August 16, 2024. This announcement marks the company's ongoing commitment to providing regular cash distributions to its shareholders.

Key Takeaways:

  • The company declared a monthly distribution of $0.08 per share for August 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The distribution will be payable on September 3, 2024, to stockholders of record as of August 16, 2024.
  • The company manages $7.7 billion of investable capital, including available leverage.
  • PennantPark Investment Advisers, LLC, the company's manager, is a leading middle market credit platform.

Statistics:

  • The monthly distribution amount is $0.08 per share.
  • The distribution will be paid on September 3, 2024.
  • The stockholders of record as of August 16, 2024, are eligible for the distribution.
  • The company manages $7.7 billion of investable capital.
  • PennantPark Investment Advisers, LLC has provided investors access to middle market credit since its inception in 2007.

Sources:

  • GLOBE NEWSWIRE, "PennantPark Investment Corporation Declares August 2024 Monthly Distribution" (August 2, 2024)
  • The Securities and Exchange Commission (SEC) filings, "PennantPark Investment Corporation" (no specific date mentioned)

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