Dividend Cut Alert: 2 BDCs With Unsustainable Yields

It has become a consensus in the market that many BDCs, sooner or later, will have to deliver unpleasant dividend cuts. For example, the sector average dividend coverage level is 100%, which does not look promising amid a lower base rate environment. Yet, as in the case with almost any average, it consists of several positive and negative outliers.

Seeking Alpha • Dec 11, 2025

PennantPark Investment: Better-Priced For Down Cycle

PennantPark Investment Corp. remains fundamentally sound despite recent share price declines and a challenging private equity environment. PNNT's portfolio shows higher equity allocation and declining investment income, with NAV per share dropping from $7.56 to $7.11 in fiscal 2025. Fed rate cuts are expected to pressure NII and dividends, with a likely reduction to $0.70 per share; entry under $6.25 offers a margin of safety.

Seeking Alpha • Dec 3, 2025

PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

MIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for December 2025 of $0.08 per share, payable on January 2, 2026 to stockholders of record as of December 15, 2025. The distribution is expected to be paid from taxable net investment income.

GlobeNewsWire • Dec 2, 2025

The Hidden Risk In BDC Market That Nobody Is Talking About

BDCs are facing pressures from multiple fronts. Yet, they do not have much ammo left to fight back via portfolio growth. This is not good for shareholder and BDC managers, who earn fees based on asset size and earnings results.

Seeking Alpha • Dec 1, 2025

PennantPark Investment: Ticking Time Bomb In The Unconsolidated JV

PennantPark offers a compelling dividend of almost 16% and a notable discount to NAV. In the recent earnings call, the management provided rather optimistic commentary on the future dividend, signaling a continuation of the existing distributions. While this might sound attractive, the reality is that PNNT has pumped massive leverage into the system.

Seeking Alpha • Nov 29, 2025

PennantPark Investment Corporation (PNNT) Q4 2025 Earnings Call Transcript

PennantPark Investment Corporation ( PNNT ) Q4 2025 Earnings Call November 25, 2025 12:00 PM EST Company Participants Arthur Penn - Founder, Chairman, Managing Partner & CEO Richard Allorto - Chief Financial Officer Conference Call Participants Brian Mckenna - Citizens JMP Securities, LLC, Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Arren Cyganovich - Truist Securities, Inc., Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Fourth Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.

Seeking Alpha • Nov 25, 2025

PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2025

MIAMI, Nov. 24, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 2025.

GlobeNewsWire • Nov 24, 2025

PennantPark (PNNT) Lags Q4 Earnings and Revenue Estimates

PennantPark (PNNT) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.22 per share a year ago.

Zacks Investment Research • Nov 24, 2025

Here's What Key Metrics Tell Us About PennantPark (PNNT) Q4 Earnings

Although the revenue and EPS for PennantPark (PNNT) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks Investment Research • Nov 25, 2025

5 Lesser-Known Monthly Payers Yielding 9%+ You Shouldn't Ignore

Dividend yields are a driving priority among many investors, especially retirees and others who are dependent on dividend income for paying living expenses.

24/7 Wall Street • Oct 22, 2025