Trailing Dividend / Share
$1.04
PennantPark Investment Corporation (PNNT) Dividend History
Income profile from 2007 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
21.7%
Payout Ratio
2.1%
Sustainable
Dividend Streak
4 years
PNNT Dividend Income Check
Safety
2.1% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 21.4% and trend is rising.
PNNT Dividend Scorecard
Yield & Income
Dividend Yield21.7%
Trailing DPS$1.04
FrequencyQuarterly
Payments / 12M12
Payout Safety
Earnings Payout2.1%
Earnings SafetySustainable
FCF Payout40.8%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak4 years
3Y CAGR17.0%
5Y CAGR12.2%
Yield on Cost (5Y)21.4%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield21.7%
1Y Total Return-10.3%
5Y Total Return30.7%
Div Contribution (5Y)59.1%
Estimated $10K growth (return + dividends):
5Y ago$13,07210Y ago$20,23620Y ago$15,114
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PNNT Income Growth Story
Dividend per share and yield on cost over time (20 years of payments)
PNNT Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
PennantPark Investment Corporation distributes 2.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 40.8%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
PNNT has raised its dividend for 4 consecutive years, with a 3-year CAGR of 17.0% and 5-year CAGR of 12.2%.
Total Shareholder Returns
Beyond cash dividends, PNNT returns capital through share repurchases. The combined picture: 21.7% dividend yield, 21.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 21.4% and is currently rising. The 5-year total return is 30.7%, with dividends contributing 59.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,236 today.
PNNT Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$1.60
Avg/Payment$0.0800
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 15, 2026Latest | $0.0800 | — | 20.78% | May 1, 2026 |
| Mar 16, 2026 | $0.0800 | — | 20.65% | Apr 1, 2026 |
| Feb 17, 2026 | $0.0800 | — | 18.86% | Mar 2, 2026 |
| Jan 16, 2026 | $0.0800 | — | 15.89% | Feb 2, 2026 |
| Dec 15, 2025 | $0.0800 | — | 15.89% | Jan 2, 2026 |
| Nov 17, 2025 | $0.0800 | — | 15.46% | Dec 1, 2025 |
| Oct 15, 2025 | $0.0800 | — | 14.77% | Nov 3, 2025 |
| Sep 15, 2025 | $0.0800 | — | 13.71% | Sep 30, 2025 |
PNNT Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
21.7%
#1 of 9
Safety
Sustainable
2.1% payout
Streak
4Y
12.2% 5Y CAGR
Total Shareholder
21.7%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st PNNTPennantPark Investme… | $313M | 21.7% | 2.1% | 4 | Sustainable |
 ARCCAres Capital Corpora… | $13.6B | 2.0% | — | 0 | Unknown |
3rd  FSCOFS Credit Opportunit… | $1.0B | 13.9% | 75.3% | 3 | Watch |
 GBDCGolub Capital BDC, I… | $3.4B | 10.5% | 97.9% | 0 | At Risk |
2nd  TPVGTriplePoint Venture … | $243M | 17.1% | 83.9% | 0 | Watch |
 PFLTPennantPark Floating… | $888M | 13.5% | 1.7% | 3 | Sustainable |
 SLRCSLR Investment Corp. | $745M | 12.0% | 96.7% | 0 | At Risk |
 CGBDCarlyle Secured Lend… | $859M | 0.2% | 1.4% | 0 | Sustainable |
 BBDCBarings BDC, Inc. | $928M | 13.4% | 1.2% | 7 | Sustainable |
PNNT Annual Dividend History (2007–2026)
20 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.32 | — | 4 | — | — | — | 7.1% |
| 2025 | $0.96 | 5.5% | 12 | $0.50 | 192.0% | 0.52x | 21.4% |
| 2024 | $0.91 | 13.0% | 12 | $0.75 | 121.3% | 0.82x | 20.3% |
| 2023 | $0.81 | 34.2% | 6 | $-0.52 | — | — | 17.9% |
| 2022 | $0.60 | 25.0% | 4 | $-0.38 | — | — | 13.4% |
| 2021 | $0.48 | -11.1% | 4 | $2.49 | 19.3% | 5.19x | 10.7% |
| 2020 | $0.54 | -25.0% | 4 | $-0.24 | — | — | 12.0% |
| 2019 | $0.72 | 0.0% | 4 | $0.24 | 300.0% | 0.33x | 16.0% |
| 2018 | $0.72 | 0.0% | 4 | $0.68 | 105.9% | 0.94x | 16.0% |
| 2017 | $0.72 | -35.7% | 4 | $0.87 | 82.8% | 1.21x | 16.0% |
See PNNT's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonPNNT — Frequently Asked Questions
Quick answers to the most common questions about buying PNNT stock.
How much dividend does PNNT pay per share?
PennantPark Investment Corporation (PNNT) pays a trailing 12-month dividend of $1.04 per share, with a current dividend yield of +21.7%. Payments are made Quarterly.
When is PNNT's next ex-dividend date?
PNNT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PNNT typically pays dividends Quarterly.
Is PNNT's dividend safe?
PNNT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.1% and FCF payout ratio of +40.8%. The 4-year growth streak provides moderate confidence.
Is PNNT a Dividend Payer?
Yes, PennantPark Investment Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +12.2%, demonstrating above-inflation dividend growth.
How often does PNNT pay dividends?
PennantPark Investment Corporation pays dividends Quarterly. The trailing 12-month total is $1.04 per share. Dividend data on this page covers 19+ years from 2007 to 2026.
How much would $10,000 invested in PNNT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PNNT five years ago would be worth approximately $13,072 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PNNT's yield on cost for long-term holders?
PNNT's yield on cost — the current dividend divided by the original purchase price — is +21.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +21.7% market yield, thanks to consistent dividend growth.