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Pennant Park Investment (Pennant Park Investment) 5-Year Dividend Growth Rate : -0.80% (As of Dec. 2023)


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What is Pennant Park Investment 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Pennant Park Investment's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.31. As of today, Pennant Park Investment's Dividend Yield % is 12.62%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pennant Park Investment Corp is 1.18, which seems too high.

Good Sign:

Pennant Park Investment Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of Pennant Park Investment's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Pennant Park Investment's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pennant Park Investment's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pennant Park Investment's 5-Year Dividend Growth Rate falls into.



Pennant Park Investment 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Pennant Park Investment  (NYSE:PNNT) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pennant Park Investment's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.21/ 0.16
=1.31

During the past 13 years, the highest Dividend Payout Ratio of Pennant Park Investment was 4.31. The lowest was 0.19. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pennant Park Investment Corp is 1.18, which seems too high.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.9/7.13
=12.62 %

Current Share Price is $7.13.
Pennant Park Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.9.

During the past 13 years, the highest Dividend Yield of Pennant Park Investment was 31.03%. The lowest was 6.13%. And the median was 10.91%.

Good Sign:

Pennant Park Investment Corp stock dividend yield is close to 3-year high.

* 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 5-Year Dividend Growth Rate 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

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