10-11-2024:  Pennant Investment Corporation (PNNT):   7% Dividend Per Annum Paid Monthly

     General Description

You will be able to find real estate investment trusts similar to this one that pay higher interest. We chose to review this corporation sommewhat at radom believing it was a "typical" stock which belonged to a group of REIT's known as "PSLF's" (Preferred Stock Liequidation Factor). Peferred stockholders get a higher share of the company assets in the case where it goes into liquidation. Liquidation seems unlikely, but this represents additional risk to common stock shareholders. Assuming the company continues along a steady past of dividend and/or distribution awards, shareholders can be fairly assured of getting around 7% per annum paid out in monthly installments. It supplements monthly income for most investors and is probably less-favored by traders.

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     News


     Statistics & Analysts' Estimates


     Management's Discussion of Results of Operations


     Competitors

     Financial Statements

     Conclusion

If you're getting less than 7%, you've got your money in the wrong place.