+ Watch PNNT
on My Watchlist
Close-end Management Invt Comp
This currently has a "SELL" ranking from the short-term oriented http://www.zacks.com, but insiders,who are NOT short-term oriented, have been adding to their holdings for months. When insiders are going contrary to zacks.com I'm with the insiders.
The current 10% yield is high and management is committed to continuing the steady, stable dividend stream going forward.
IN the 4th qtr Pennant increased liquidity and paid down debt as well as increased investments by 84.6 million. They also have 243 million in available capital. $7.6 million is in cash the rest in avail credit facility. PNNT appears ready to improve on their position in the market and I expect them to do well over the next year to 18 months.
On 8-18-12 Cluck Chicken predicted this egg is ready to hatch.
Another BDC with one recent insider buy (not so recent from officers, but CFO bought in late 2010). 10% yield.
Misunderstood and beaten down, PNNT is very attractive with the current 10.6% dividend, and 5 years of dividend growth.
This is a business development company which primarily is involved in US middle market private companies. Presently the company pays a 9.3% dividend and has a 72% net profit margin with 41% debt to capital. P/E 12Mon 10.4 Price / book 1.0 price to cashflow 13.2. ROE is 10%
Has been a solid stock, with an excellent .26 quarterly. It has been the only stock that I have held. Pretty solid with continuous increases...
5 STAR, Small-cap, dividend payer
Because it is fantastic. This is a steal of a deal.
Because my friend said so..
BDCs yield but be careful of interest rates rising.
As long as the feds interest rates are low PNNT will prosper. The ETrade babys could make money here. Borrow for nothing, are you kidding?This stock will beat plus I will collect 10% in the interum.
The dividend and the p/e ratio were enough for me.
Consistent profits quarter after quarter. I think they are a deal at this price.
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