PennantPark Investment Corporation, a prominent player in the financial sector, has recently announced its monthly distribution for January 2025. The company’s declaration of $0.08 per share is set to be distributed to stockholders on February 3, 2025. This move signifies the Company’s commitment to providing value to its investors while maintaining transparency and consistency in its operations.
The distribution, expected to be paid from taxable net investment income, showcases PennantPark Investment Corporation’s robust financial position and prudent investment strategies. Stockholders of record as of January 15, 2025, will be eligible to receive this distribution. Notably, the final specific tax characteristics of the distribution will be communicated to stockholders through Form 1099 post the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.
PennantPark Investment Corporation operates as a business development company that primarily focuses on investing in U.S. middle-market private companies through various financial instruments such as first lien secured debt, second lien secured debt, subordinated debt, and equity investments. The Company is managed by PennantPark Investment Advisers, LLC – a leading middle market credit platform with substantial investable capital under management.
PennantPark Investment Advisers, LLC boasts managing $8.9 billion of investable capital along with available leverage since its establishment in 2007. The firm offers investors access to middle market credit by providing comprehensive and flexible financing solutions to private equity firms, their portfolio companies, and other middle-market borrowers.
With headquarters in Miami and additional offices in key financial hubs like New York, Chicago, Houston, Los Angeles, and Amsterdam; PennantPark Investment Advisers provides a global reach combined with localized expertise in catering to diverse financing needs within the middle-market segment.
It is essential for investors and stakeholders alike to note that forward-looking statements may be included in press releases like these. While these statements offer insights into potential future performance or results of the company, they also come with inherent risks and uncertainties that could impact actual outcomes significantly.
PennantPark Investment Corporation remains committed to regulatory compliance by updating stakeholders about material changes promptly through filings with the Securities and Exchange Commission. Stakeholders are encouraged not to base their decisions solely on forward-looking statements but rather consider them alongside thorough due diligence and expert advice.
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**Contact:**
Richard T. Allorto Jr.,
PennantPark Investment Corporation
Phone: (212) 905-1000
Website: [www.pennantpark.com](www.pennantpark.com)
This information stands as an independent analysis aimed at providing insights into PennantPark Investment Corporation’s recent announcement regarding its monthly distribution declaration without any endorsement or advice implied from this publication.
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