PennantPark Q2 2024 Earnings Report
Key Takeaways
PennantPark Investment Corporation reported a net investment income of $14.3 million, or $0.22 per share, for the quarter ended March 31, 2024. The company's portfolio totaled $1,238.2 million, with a weighted average yield on interest bearing debt investments of 12.5%. A monthly distribution for June 2024 of $0.08 per share was declared, representing a 14.3% increase.
Increased monthly distribution by 14.3% to $0.08 per share for June 2024.
Portfolio totaled $1,238.2 million as of March 31, 2024.
Net investment income totaled $14.3 million, or $0.22 per share for the quarter ended March 31, 2024.
Invested $188.5 million in six new and 43 existing portfolio companies with a weighted average yield on debt investments of 11.7%.
PennantPark
PennantPark
PennantPark Revenue by Segment
Forward Guidance
This press release contains forward-looking statements regarding the company's future performance and results, which are subject to risks and uncertainties.