5 Small-Cap Stocks that Pay Dividends

Page 5 of 5

1. PennantPark Investment Corporation (NYSE:PNNT)

Dividend Yield as of August 17: 9.16%

PennantPark Investment Corporation (NYSE:PNNT) is a New York-based company that provides exposure to middle market credit. The company pays a quarterly dividend of $0.15 per share and has a yield of 9.16%, as of August 17.

In fiscal Q3 2022, PennantPark Investment Corporation (NYSE:PNNT) posted a net interest income of $0.16 per share, which beat market estimates by $0.06. The company’s total investment income for the quarter came in at $23.3 million. It reported $29.5 million in cash and cash equivalents. Moreover, its sales and repayments of investments stood at $198.3 million, up from $191 million during the same period last year.

The number of hedge funds tracked by Insider Monkey owning stakes in PennantPark Investment Corporation (NYSE:PNNT) grew to 13 in Q1 2022, from 7 in the previous quarter. The collective value of these stakes is over $47.8 million.

You can also take a look at 10 Best Dividend Stocks of All Time and 10 Best Long-Term Dividend Stocks

Page 5 of 5