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PennantPark Investment Corporat Message Board

  • sallybabes sallybabes Mar 12, 2013 8:36 PM Flag

    Any long time owners -

    ..care to give their opinion abouy this gem ? I'm thinking of buying 500 shares bfore the ex date. ( March 20) Thanks.

    Sentiment: Buy

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    • I have owned for a couple of years and have bought at different prices. PNNT about 5% of my portfolio. As you can see the price has followed other BDC's of late and now at 52 week high. My goal is dividend payments and like the 9% rate. Slow but steady increases.in div. Tough to be buying any dividend payer now as most at or near highs. If you are looking longterm for income, I like PNNT. If you are looking for short term gains I say no.

 
PNNT
6.49+0.04(+0.62%)May 27 4:00 PMEDT