Looking at the universe of stocks we cover at Dividend Channel, on 12/17/14, Pennantpark Investment Corporation ( PNNT) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 1/2/15. As a percentage of PNNT's recent stock price of $9.85, this dividend works out to approximately 2.84%, so look for shares of Pennantpark Investment Corporation to trade 2.84% lower — all else being equal — when PNNT shares open for trading on 12/17/14.Below is a dividend history chart for PNNT, showing historical dividends prior to the most recent $0.28 declared by Pennantpark Investment Corporation: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PNNT is likely to continue, and whether the current estimated yield of 11.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PNNT shares, versus its 200 day moving average: Looking at the chart above, PNNT's low point in its 52 week range is $9.51 per share, with $11.98 as the 52 week high point — that compares with a last trade of $9.85. According to the ETF Finder at ETF Channel, PNNT makes up 4.29% of the BDC Income ETF ( BIZD) which is trading higher by about 0.6% on the day Monday. In Monday trading, Pennantpark Investment Corporation shares are currently up about 1.2% on the day.