SmarterDividends
PNNT

PennantPark Investment (PNNT) Dividend

PennantPark Investment Corporation · Financial Services · Asset Management · monthly payer

$3.28

Overvalued · -19% Add to Portfolio

As of Nov 12, 2026, PennantPark Investment (PNNT) pays a monthly dividend of $0.08 per share, or $0.96 a year, a 29.27% yield at its $3.28 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has a dividend safety grade of D.

Forward Yield

29.27%

Annual Dividend

$0.96

Payout Ratio

533%

5-Yr Growth

-9.9%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Get an email when PennantPark Investment declares its next dividend

The amount, the ex-date and the last day to buy, the morning after it's announced. Free account, no card.

Key facts about PNNT's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 12, 2026, PennantPark Investment Corporation (PNNT) has a forward dividend yield of 29.27%, based on an annual dividend of $0.96 per share and a share price of $3.28.
  • As of Nov 12, 2026, PNNT's dividend safety grade from SmarterDividends is D (49 out of 100), which rates the dividend as unsafe.
  • PNNT last cut its regular dividend in 2020.
  • PNNT's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • PNNT's dividend has shrunk at an average rate of 9.9% a year over the past five years.
  • As of Nov 12, 2026, PNNT's 29.27% yield is 157% above its five-year average yield of 11.39%.
  • As of Nov 12, 2026, SmarterDividends' blended fair-value estimate for PNNT is $2.67 per share, 19% below the $3.28 share price, so PNNT screens as overvalued.
  • PennantPark Investment Corporation (PNNT) pays its dividend monthly, 12 times a year.
  • PennantPark Investment Corporation (PNNT) has raised its regular dividend 14 times and cut it 3 times across the 103 payments on record since 2007. Its most recent change was a 14.3% increase to $0.0800 per share, going ex-dividend on Jun 14, 2024. The last cut went ex-dividend on Oct 16, 2023.
Cite this page

SmarterDividends, "PNNT Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 12, 2026, https://smarterdividends.com/stocks/PNNT

Is PNNT a good dividend stock?

Mixed

PennantPark Investment Corporation (PNNT) pays a monthly dividend yielding 29.27% ($0.96/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2020
    • Elevated payout ratio (533%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    29.27%
    Payout Ratio
    533%
    Annual Dividend
    $0.96
    5-Yr Avg Growth
    -9.9%
    Ex-Dividend Date
    Nov 13, 2026
    Years of Growth
    1
    Frequency
    monthly
    Beta
    0.67
    Market Cap
    $214.2M
    P/E Ratio
    21.9
    5-Yr Total Return
    -51%
    52-Week Range
    $2.78 – $6.58
    Dividend Safety
    D · 49/100
    Ever Cut?
    Yes (2020)

    PNNT dividend raises and cuts

    PennantPark Investment Corporation (PNNT) has raised its regular dividend 14 times and cut it 3 times across the 103 payments on record since 2007. Its most recent change was a 14.3% increase to $0.0800 per share, going ex-dividend on Jun 14, 2024. The last cut went ex-dividend on Oct 16, 2023.

    Ex-dateChangeOld → newMove
    Jun 14, 2024Raise$0.0700 → $0.0800+14.3%
    Oct 16, 2023Cut$0.210 → $0.0700−66.7%
    Sep 15, 2023Raise$0.200 → $0.210+5.0%
    Jun 14, 2023Raise$0.185 → $0.200+8.1%
    Mar 15, 2023Raise$0.165 → $0.185+12.1%
    Dec 16, 2022Raise$0.150 → $0.165+10.0%
    Sep 16, 2022Raise$0.145 → $0.150+3.4%
    Jun 16, 2022Raise$0.140 → $0.145+3.6%
    Mar 16, 2022Raise$0.120 → $0.140+16.7%
    Jun 16, 2020Cut$0.180 → $0.120−33.3%
    Mar 20, 2017Cut$0.280 → $0.180−35.7%
    Dec 21, 2011Raise$0.270 → $0.280+3.7%
    Show all 17 changes since 2007
    Ex-dateChangeOld → newMove
    Mar 11, 2011Raise$0.260 → $0.270+3.8%
    Mar 23, 2010Raise$0.250 → $0.260+4.0%
    Dec 22, 2009Raise$0.240 → $0.250+4.2%
    Sep 22, 2008Raise$0.220 → $0.240+9.1%
    Sep 21, 2007Raise$0.140 → $0.220+57.1%
    Every PNNT payment →Download every raise and cut (CSV)
    PNNT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →PNNT dividend historyEvery payment, totals by year, raises and cutsView →PNNT dividend calculator100 shares pay $96.00 a year, $8.00 each monthCalculate →PNNT total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is PNNT a good dividend stock?

    Mixed. PennantPark Investment Corporation (PNNT) pays a monthly dividend yielding 29.27% ($0.96/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PNNT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PNNT's fair value is about $2.67 versus a $3.28 share price — so it looks overvalued (-19% vs. fair value).

    Is PNNT's dividend safe?

    PNNT has a dividend-safety grade of D (49/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

    What is PNNT's fair value?

    Our blended fair-value estimate for PNNT is about $2.67 per share, about 19% below the current $3.28 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PNNT a buy, hold, or sell?

    We don't issue formal ratings, but on the data PNNT screens as "mixed" and overvalued. PennantPark Investment Corporation (PNNT) pays a monthly dividend yielding 29.27% ($0.96/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PNNT cut its dividend?

    PNNT earns a dividend-safety grade of D (49/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PNNT pay a dividend?

    Yes. PennantPark Investment Corporation pays a monthly dividend of about $0.96 per share annually, a forward yield of roughly 29.27%.

    How much dividend does 100 shares of PNNT pay?

    At $0.96 per share a year, 100 shares of PNNT pay $96.00 a year in dividends before tax, about $8.00 each month. Buying them costs about $328 at the Nov 12, 2026 price.

    What is PNNT's dividend yield?

    As of Nov 12, 2026, PNNT's forward dividend yield is 29.27%, based on a $0.96 annual dividend and a $3.28 share price.

    What is PNNT's dividend per share?

    As of Nov 12, 2026, PNNT pays $0.96 per share per year, distributed on a monthly basis.

    What is PNNT's dividend payout ratio?

    As of Nov 12, 2026, PNNT's payout ratio is 533% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has PNNT grown its dividend?

    As of Nov 12, 2026, PNNT has increased its dividend for 1 consecutive years.

    When is the next PNNT ex-dividend date?

    As of Nov 12, 2026, the next ex-dividend date on record for PNNT is Nov 13, 2026.

    Income Calculator

    At $0.96 / yr per share

    Per payment (monthly)$8.00
    Annual$96.00
    Monthly avg$8.00
    Full PNNT dividend calculator →

    Similar Dividend Stocks

    JPMJPMJPMorgan Chase & Co.1.92%Financial ServicesVVVisa Inc.0.73%Financial ServicesMAMAMastercard Incorporated0.53%Financial ServicesBACBACBank of America Corporation2.53%Financial Services

    Compare PNNT

    PNNT vs JPMPNNT vs VPNNT vs MAPNNT vs BAC

    Explore more

    Lists and tools related to PNNT