PennantPark Investment Corporation
PNNTFinancial Services · Stock · monthly payer
Forward Yield
14.33%
Annual Dividend
$0.48
Payout Ratio
419%
5-Yr Growth
-9.9%
Ex-Date
Jun 15, 2026
Frequency
Monthly
Summary
As of June 2026, PennantPark Investment Corporation (PNNT) yields 14.33% ($0.48 per share annually), with a blended fair-value estimate of $5.36 — +60% upside, so it screens as undervalued. Dividend safety grade: C (55/100). 1 years of dividend growth.
Is PNNT a good dividend stock?
MixedPennantPark Investment Corporation (PNNT) pays a monthly dividend yielding 14.33% ($0.48/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (419%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 14.33%
- Payout Ratio
- 419%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- -9.9%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.59
- Market Cap
- $218.7M
- P/E Ratio
- 16.0
- 5-Yr Total Return
- -48%
- 52-Week Range
- $3.30 – $7.53
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
PNNT Price — Last 12 Months
Daily close
Price Return
1 Year
-54%
3 Years
-49%
5 Years
-48%
52-Week Range
$3.30 – $7.53
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PNNT worth?
Undervaluedlow confidenceOur blended fair-value estimate for PennantPark Investment Corporation is $5.36 per share, versus a market price of $3.35. That implies 60% of upside — a margin of safety of about 37%.
Fair Value
$5.36
Current Price
$3.35
Upside
+60%
Margin of Safety
37%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.21 EPS, $0.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PNNT Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.0800 | regular |
| May 15, 2026 | — | $0.0800 | regular |
| Apr 15, 2026 | — | $0.0800 | regular |
| Mar 16, 2026 | — | $0.0800 | regular |
| Feb 17, 2026 | — | $0.0800 | regular |
| Jan 16, 2026 | — | $0.0800 | regular |
| Dec 15, 2025 | — | $0.0800 | regular |
| Nov 17, 2025 | — | $0.0800 | regular |
| Oct 15, 2025 | — | $0.0800 | regular |
| Sep 15, 2025 | — | $0.0800 | regular |
| Aug 15, 2025 | — | $0.0800 | regular |
| Jul 15, 2025 | — | $0.0800 | regular |
| Jun 16, 2025 | — | $0.0800 | regular |
| May 15, 2025 | — | $0.0800 | regular |
Income Calculator
At $0.48 / yr per share
