Prospect Capital Announces Monthly Dividend of $0.033 Per Share
Prospect Capital Corporation (PSEC) has declared its monthly dividend of $0.033 per share. The distribution is scheduled to be paid on October 30, with the ex-dividend date and the record date both set for October 29. At current levels, the dividend represents a high forward yield of approximately 26.49%. While the payout remains consistent, market analysts have raised questions regarding the long-term sustainability of such high yields and the implications of the company's significant Net Asset Value (NAV) discount.
Topics: dividend announcement monthly dividend yield analysis
Read the full article at Seeking Alpha
Part of the story Infrastructure Capital Nasdaq Option Income ETF (QVOL) Announces $1.09 Monthly Dividend (3 articles)