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PennantPark Investment Corporation reported financial results for the second fiscal quarter ended March 31, 2022, with a highlighted exit of Pivot Physical Therapy and a dividend increase to $0.145 per share.
Portfolio totaled $1,214.0 million as of March 31, 2022.
Invested $178.0 million in eight new and 29 existing portfolio companies during the quarter.
Sales and repayments of investments totaled $405.5 million for the quarter.
Declared an increase of its third fiscal quarter 2022 distribution to $0.145 per share.
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