Pennant Park Investment (Pennant Park Investment) Dividend Payout Ratio : 1.31 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Pennant Park Investment Dividend Payout Ratio?

Pennant Park Investment's dividend payout ratio for the months ended in Dec. 2023 was 1.31.

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.

The historical rank and industry rank for Pennant Park Investment's Dividend Payout Ratio or its related term are showing as below:

PNNT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 1 Max: 4.31
Current: 1.18

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.

PNNT's Dividend Payout Ratio is ranked worse than
71.03% of 939 companies
in the Asset Management industry
Industry Median: 0.82 vs PNNT: 1.18

As of today (2024-04-26), the Dividend Yield % of Pennant Park Investment is 12.62%.

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

Pennant Park Investment's Dividends per Share for the 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.

Pennant Park Investment Dividend Payout Ratio Historical Data

The historical data trend for Pennant Park Investment's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Pennant Park Investment Dividend Payout Ratio Chart

Pennant Park Investment Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

Get a 7-Day Free Trial

3.00

0.19

Pennant Park Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	2.64	0.63	1.47	1.31

Competitive Comparison of Pennant Park Investment's Dividend Payout Ratio

For the Asset Management subindustry, Pennant Park Investment's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Pennant Park Investment's Dividend Payout Ratio falls into.

Pennant Park Investment Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Pennant Park Investment's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.83	/	-0.52
	=	N/A

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

Pennant Park Investment (NYSE:PNNT) Dividend Payout Ratio Explanation

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.

Pennant Park Investment Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Pennant Park Investment's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Pennant Park Investment (Pennant Park Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pennant Park Investment Corp (NYSE:PNNT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

12P:Germany

Address

1691 Michigan Avenue, Miami Beach, FL, USA, 33139

Website

https://www.pennantpark.com

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