Prospect Capital: The 8% Yielding Preferreds Are The Only Reasonable Prospect [Seeking Alpha]
Prospect Capital Corporation - Closed End Fund (PSEC)
Last prospect capital corporation - closed end fund earnings: 2/10 04:02 pm
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US:NASDAQ Investor Relations:
ww2.prospectstreet.com
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Source: Seeking Alpha
PSEC's Series A Preferreds (PSEC.PR.A) offer an 8.07% current yield, fully covered by net investment income, and trade at a 35% discount to redemption value. The common dividend is not fully covered when accounting for preferreds, while preferred coupon payments are secure. The yields on both reflect higher perceived credit risk in PSEC's portfolio. J Studios/DigitalVision via Getty Images Prospect Capital's ( PSEC ) constant net asset value ("NAV") dip and history of dividend cuts have kept the common shares as an avoid, but the 5.35% Series A Fixed Rate Cumulative Preferreds (
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PSEC
News
- Priority Income Fund Announces Redemption of its 6.000% Series J Term Preferred Stock Due 2028GlobeNewswire
- Prospect Floating Rate and Alternative Income Fund Announces a 14.54% Annualized Total Cash Common Shareholder Distribution Rate on Net Asset Value for March 2026 [Yahoo! Finance]Yahoo! Finance
- Prospect Floating Rate and Alternative Income Fund Announces a 14.54% Annualized Total Cash Common Shareholder Distribution Rate on Net Asset Value for March 2026GlobeNewswire
- Retirees Are Asking If PSEC's Monthly Income Is Safe After That 25% Dividend Cut [Yahoo! Finance]Yahoo! Finance
- Priority Income Fund Announces Preferred Stock Distributions for March 2026 [Yahoo! Finance]Yahoo! Finance
PSEC
Sec Filings
- 3/27/26 - Form APP
- 3/27/26 - Form APP
- 3/26/26 - Form POS
- PSEC's page on the SEC website