Prospect Capital Corporation(PSEC) is having a Dividend Yield of 10.66% with the Annual cash Dividend per share of $1. The last quarter cash dividend per share pay out was $0.25. Prospect Capital Corporation has a 5 year average dividend yield of 12.49% and the stock has a Indicated annual dividend of $1. Prospect Capital Corporation(PSEC) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $1. The dividend yield based on the forward looking indicated annual dividend is 10.66%. Prospect Capital Corporation(PSEC) has the most recent dividend payout ratio of 1.04 with a 5-year average payout ratio of 0.94. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.1. The 5 year historical dividend growth of Prospect Capital Corporation(PSEC) is at the rate of -6.29% while the R-Squared dividend growth is 0.54. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Prospect Capital Corporation (NASDAQ:PSEC) rose 0.64% or 0.06 points on Thursday and made its way into the gainers of the day. After trading began at $9.39 the stock was seen hitting $9.45 as a peak level and $9.37 as the lowest level. The stock ended up at $9.44. The daily volume was measured at 3,691,854 shares. The 52-week high of the share price is $9.45 and the 52-week low is $6.24. The company has a market cap of $3,392 million. Shares of Prospect Capital Corporation rose by 5.83% in the last five trading days and 10.31% for the last 4 weeks. Prospect Capital Corporation is up 24.17% in the last 3-month period. Year-to-Date the stock performance stands at 14.14%.
Currently the company Insiders own 6.6% of Prospect Capital Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.04% . Institutional Investors own 13.23% of Prospect Capital Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 2.57%. Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Brian H Oswald (CFO) purchased 5,000 shares at 8.18 per share price.On Nov 14, 2016, Eugene S Stark (director) purchased 1,000 shares at 7.65 per share price.On Mar 3, 2016, M Grier Eliasek (COO) purchased 15,000 shares at 7.25 per share price.
Prospect Capital Corporation Last issued its quarterly earnings results on May 10, 2016. The company reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.26. The company had revenue of $189.50 million for the quarter, compared to analysts expectations of $195.34 million. The companys revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capitals investment objective is to generate both current income and capital appreciation through debt and equity investments.