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PennantPark Investment Corporation Dividends

PNNT Stock Analysis

Page title

Section title

Dividend Yield
13.68%
Payout Ratio
33.68%
Dividend Amount Per Share
$0.85
Last Ex-Dividend Date
Sep 16, 2024

PNNT Dividend Safety

PNNT paid out 33.68% of its -$34M earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

PNNT's Dividend Payout Ratio of 33.68% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

PNNT's Interest Coverage Ratio of 1.592 indicates a moderate safety margin, which could limit financial flexibility in managing debts.

Income Quality

PNNT demonstrates poor income quality with a ratio of -6.595. This indicates low-quality earnings and high risk of dividend cuts.

PNNT Dividend Growth

PennantPark Investment Corporation(PNNT) offers a dividend yield of 13.68% and pays $0.85 in dividends per share. Explore the historical dividend growth of PNNT.

Dividend Stability

PNNT has shown inconsistent dividend payments over the past 10 years with 3 cuts over 5%.

Dividend Growth

PNNT's dividend payments have shown very poor growth, shrinking by -14.972% over the last 5 years.

Earnings Growth

PNNT's earnings have shown very poor growth, shrinking by -62.458% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

PNNT Dividend Yield Attractiveness

PennantPark Investment Corporation(PNNT) provides a dividend yield of 13.68%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Industry

Sector

Peers

PNNT

3.14%

3.73%

11.69%

13.68%

Dividend Yield

PNNT's dividend yield of 13.68% is considered high compared to the sector average of 3.73%, indicating a higher potential risk for investors.

PNNT Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by PennantPark Investment Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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