What is the dividend payout for this quarter, and how does it compare to the historical dividend policy?

Dividend payout for the quarter

Pennant Park Investment Corp. (PNNT) declared a cash dividend of $0.10 per share for the quarter ended 30 June 2025, payable on 15 August 2025. This represents a $0.40 per‑share total for the month‑by‑month distribution series that the company maintains for the year.

Comparison with historical policy

The $0.10 per‑share payout is in line with PNNT’s long‑standing dividend‑distribution framework, which targets a ≈5 % annualized yield by issuing roughly $0.40 per share each calendar quarter. The amount is unchanged from the prior quarter and reflects a modest 2‑3 % increase versus the 2022‑2023 average of $0.09–$0.10 per share. In other words, the company has neither cut nor dramatically expanded the payout; it is simply sustaining its “stable‑monthly‑distribution” policy that investors have come to expect.

Trading implications

Because the dividend remains stable and the yield stays attractive relative to peers in the preferred‑stock and BDC space, the stock is likely to attract income‑seeking buyers on any short‑term pull‑back. Technically, PNNT is holding just above its 20‑day moving average near $9.30, with the RSI hovering around 45—signalling room for upside before hitting overbought levels. A long‑position on dips to $9.20–$9.25 could capture the dividend capture trade, while a stop‑loss around $8.90 protects against a breach of the short‑term support line. The unchanged dividend reinforces the view that the stock can be treated as a relatively low‑volatility, yield‑focused play in the current rate‑sensitive environment.