Pennantpark Investment's most recent monthly dividend was on Apr 12, 2024 (ex-date) with a cash dividend payment of $0.07 per share. At an annualized rate of $0.9 per share, the stock yields 12.77%.
PNNT has a dividend yield of 12.77% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.41%, Pennantpark Investment's dividend yield is 274% higher. The current dividend yield is more than the historical average of 12.0% of the last 5 years.
Pennantpark Investment has been paying dividends since 2008. PNNT has distributed nine dividends in the past year. The annualized dividend per share has increased by 40% for the last twelve months. And since the stock price has gone up by 39% from a year ago, the dividend yield has increased by 0.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 12, 2024 | May 1, 2024 | Apr 2, 2024 | $0.07 | normal |
| Mar 15, 2024 | Apr 1, 2024 | Mar 4, 2024 | $0.07 | normal |
| Feb 14, 2024 | Mar 1, 2024 | Feb 2, 2024 | $0.07 | normal |
| Jan 12, 2024 | Feb 1, 2024 | Jan 3, 2024 | $0.07 | normal |
| Dec 15, 2023 | Jan 2, 2024 | Dec 4, 2023 | $0.07 | normal |
| Nov 15, 2023 | Dec 1, 2023 | Nov 2, 2023 | $0.07 | normal |
| Oct 16, 2023 | Nov 1, 2023 | Oct 3, 2023 | $0.07 | normal |
| Sep 15, 2023 | Oct 2, 2023 | Aug 9, 2023 | $0.21 | normal |
| Jun 14, 2023 | Jul 3, 2023 | May 10, 2023 | $0.2 | normal |
| Mar 15, 2023 | Apr 3, 2023 | Feb 8, 2023 | $0.185 | normal |
| Dec 16, 2022 | Jan 3, 2023 | Nov 16, 2022 | $0.165 | normal |
| Sep 16, 2022 | Oct 3, 2022 | Aug 3, 2022 | $0.15 | normal |
| Jun 16, 2022 | Jul 1, 2022 | May 4, 2022 | $0.145 | normal |
| Mar 16, 2022 | Apr 1, 2022 | Feb 9, 2022 | $0.14 | normal |
| Dec 17, 2021 | Jan 3, 2022 | Dec 2, 2021 | $0.12 | normal |
| Sep 16, 2021 | Oct 1, 2021 | Sep 2, 2021 | $0.12 | normal |
| Jun 16, 2021 | Jul 1, 2021 | Jun 2, 2021 | $0.12 | normal |
| Mar 17, 2021 | Apr 1, 2021 | Mar 2, 2021 | $0.12 | normal |
| Dec 16, 2020 | Jan 4, 2021 | Dec 2, 2020 | $0.12 | normal |
| Sep 16, 2020 | Oct 1, 2020 | Sep 2, 2020 | $0.12 | normal |
| Jun 16, 2020 | Jul 1, 2020 | Jun 2, 2020 | $0.12 | normal |
| Mar 17, 2020 | Apr 1, 2020 | Mar 3, 2020 | $0.18 | normal |
| Dec 18, 2019 | Jan 2, 2020 | Dec 3, 2019 | $0.18 | normal |
| Sep 16, 2019 | Oct 1, 2019 | Sep 5, 2019 | $0.18 | normal |
| Jun 14, 2019 | Jul 1, 2019 | Jun 4, 2019 | $0.18 | normal |
| Mar 19, 2019 | Apr 1, 2019 | Mar 6, 2019 | $0.18 | normal |
| Dec 20, 2018 | Jan 2, 2019 | Dec 5, 2018 | $0.18 | normal |
| Sep 14, 2018 | Oct 2, 2018 | Sep 7, 2018 | $0.18 | normal |
| Jun 15, 2018 | Jul 2, 2018 | Jun 6, 2018 | $0.18 | normal |
| Mar 16, 2018 | Apr 2, 2018 | Mar 5, 2018 | $0.18 | normal |
| Dec 22, 2017 | Jan 2, 2018 | Dec 5, 2017 | $0.18 | normal |
| Sep 19, 2017 | Oct 2, 2017 | Sep 5, 2017 | $0.18 | normal |
| Jun 19, 2017 | Jul 3, 2017 | Jun 2, 2017 | $0.18 | normal |
| Mar 20, 2017 | Apr 3, 2017 | Mar 2, 2017 | $0.18 | normal |
| Dec 20, 2016 | Mar 1, 2017 | Dec 2, 2016 | $0.28 | normal |
| Sep 19, 2016 | Oct 3, 2016 | Sep 2, 2016 | $0.28 | normal |
| Jun 16, 2016 | Jul 1, 2016 | Jun 2, 2016 | $0.28 | normal |
PNNT has a payout ratio of 121.6% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.6%, Pennantpark Investment's payout ratio is 207% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ORC Orchid Island Capital Inc | 20.02% | $1.68 | N/A |
| PNNT Pennantpark Investment Corp | 12.77% | $0.9 | 121.6% |
Yes, Pennantpark Investment has been paying dividends for the last 16 years.
Pennantpark Investment's last dividend ex-date was on Apr 12, 2024. The dividend amount was $0.07 per share.
On an annual basis PNNT pays $0.9 per share.
The current dividend yield of Pennantpark Investment is 12.77%.
Pennantpark Investment's dividend payout ratio is 121.6%.
Pennantpark Investment's dividend yield is more than the Financial Services sector average.