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Mar 31, 2022
PennantPark Q2 2022 Earnings Report
Announced an increase of its quarterly distribution and its financial results for the quarter ended March 31, 2022.
Key Takeaways
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.