PennantPark Investment Corporation Announces Quarterly Distribution of $0.18 per Share
March 06 2019 - 4:06PM
PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT)
declares second fiscal quarter 2019 distribution of $0.18 per
share, payable on April 1, 2019 to stockholders of record as of
March 20, 2019. Distributions are paid from taxable earnings and
may include a return of capital and/or capital gains. The specific
tax characteristics of the distribution will be reported to
stockholders on Form 1099 after the end of the calendar year and in
the Company's periodic report filed with the Securities and
Exchange Commission.
“We are pleased that we have been able to deliver an attractive
dividend over a long period of time,” said Art Penn, Chairman and
Chief Executive Officer.
ABOUT PENNANTPARK INVESTMENT CORPORATION
PennantPark Investment Corporation is a business development
company which principally invests in U.S. middle-market private
companies in the form of first lien secured debt, second lien
secured debt, subordinated debt and equity investments. PennantPark
Investment Corporation is managed by PennantPark Investment
Advisers, LLC.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. You should understand that under Section 27A(b)(2)(B) of
the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995 do not apply to forward-looking statements made
in periodic reports PennantPark Investment Corporation files under
the Exchange Act. All statements other than statements of
historical facts included in this press release are forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described from time
to time in filings with the Securities and Exchange Commission.
PennantPark Investment Corporation undertakes no duty to update any
forward-looking statement made herein. You should not place undue
influence on such forward-looking statements as such statements
speak only as of the date on which they are made.
CONTACT:Aviv EfratPennantPark Investment Corporation(212)
905-1000www.pennantpark.com
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