PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
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PennantPark Investment Corporation (NYSE: PNNT) has announced a monthly distribution of $0.08 per share for December 2024, payable on January 2, 2025. The distribution will be paid from taxable net investment income.
December 03, 2024 | 9:30 pm
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POSITIVE IMPACT
PennantPark Investment Corporation has declared a monthly dividend of $0.08 per share for December 2024, indicating a steady income stream for investors.
The announcement of a consistent monthly dividend is a positive signal for investors, suggesting stable financial health and a reliable income stream. This is likely to have a positive short-term impact on the stock price as it may attract income-focused investors.
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