Looking at the universe of stocks we cover at Dividend Channel, on 6/17/14, Pennantpark Investment Corporation (PNNT) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 7/1/14. As a percentage of PNNT's recent stock price of $11.25, this dividend works out to approximately 2.49%, so look for shares of Pennantpark Investment Corporation to trade 2.49% lower — all else being equal — when PNNT shares open for trading on 6/17/14.
Reminder - Pennantpark Investment (PNNT) Goes Ex-Dividend Soon
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