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Pennant Park Investment (Pennant Park Investment) Forward Dividend Yield % : 11.72% (As of Apr. 24, 2024)


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What is Pennant Park Investment Forward Dividend Yield %?

As of today (2024-04-24), the Forward Annual Dividend Yield of Pennant Park Investment is 11.72%.

As of today (2024-04-24), the Trailing Annual Dividend Yield of Pennant Park Investment is 12.51%.

PNNT's Forward Dividend Yield % is ranked better than
88.53% of 1203 companies
in the Asset Management industry
Industry Median: 5.91 vs PNNT: 11.72

Pennant Park Investment's Dividends per Share for the three months ended in Dec. 2023 was $0.21.

During the past 12 months, Pennant Park Investment's average Dividends Per Share Growth Rate was 45.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pennant Park Investment was 42.00% per year. The lowest was -13.70% per year. And the median was -3.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Pennant Park Investment's Forward Dividend Yield %

For the Asset Management subindustry, Pennant Park Investment's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pennant Park Investment's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pennant Park Investment's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Pennant Park Investment's Forward Dividend Yield % falls into.



Pennant Park Investment Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Pennant Park Investment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0702024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-03-152024-03-182024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-01-122024-01-162024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-12-152023-12-182024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-11-152023-11-162023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-10-162023-10-172023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.2102023-09-152023-09-182023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pennant Park Investment's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.84/7.18
=11.70 %

Current Share Price is $7.18.
Pennant Park Investment's Dividends per Share for the forward twelve months is calculated as $0.07 * 12 = $0.84.

Pennant Park Investment's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.9/7.18
=12.53 %

Current Share Price is $7.18.
Pennant Park Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.9.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pennant Park Investment  (NYSE:PNNT) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Pennant Park Investment Forward Dividend Yield % Related Terms

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Pennant Park Investment (Pennant Park Investment) Business Description

Traded in Other Exchanges
Address
1691 Michigan Avenue, Miami Beach, FL, USA, 33139
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
Executives
Jose A Briones director 55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Samuel L Katz director 9 WEST 57TH ST, NEW YORK NY 10019
Arthur H Penn officer: Chairman and CEO / Investment
Allorto Richard T Jr officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard Cheung officer: See Remarks C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Aviv Efrat officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Adam K Bernstein director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Pennantpark Investment Corp director, officer: Chairman and CEO/, other: Investment Adviser 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Marshall Brozost director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Williams P Whitridge Jr other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Salvatore Iii Giannetti other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Geoffrey S Chang other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022