Prospect Capital: Bad Reputation But Enticing Value [Seeking Alpha]
Prospect Capital Corporation - Closed End Fund (PSEC)
Last prospect capital corporation - closed end fund earnings: 2/10 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ww2.prospectstreet.com
Company Research
Source: Seeking Alpha
Follow Play 9min Summary Prospect Capital offers a remarkable 13% yield, supported by strong balance sheet quality and a well-performing investment portfolio. The BDC's favorable non-accrual trend and healthy dividend coverage profile make it an attractive buy for dividend investors. Despite a near-40% discount to NAV, Prospect Capital's dividend is well-supported,. Potential risks include real estate and outsized equity exposure, but a stable NAV and net investment income mitigate concerns. Daniel Grizelj Prospect Capital ( NASDAQ: PSEC )'s shares are currently priced at a 13% yield, despite presenting strong balance sheet quality in the June quarter as well as a robust dividend coverage profile. Prospect Capital's reputation is not the best, in part due to an inferior NAV growth record (explained in my last work on the BDC). However, based off of current financial achievements, I believe the 13% yield is quite remarkable: the dividend is well-supported by net inve
Show less
Read more
Impact Snapshot
Event Time:
PSEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSEC alerts
High impacting Prospect Capital Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
PSEC
News
- Prospect Capital: Good Dividend Yield, Not Shareholder Value [Seeking Alpha]Seeking Alpha
- BDC Weekly Review: Lenders Are Taking Over Pluralsight [Seeking Alpha]Seeking Alpha
- How I Would Invest $100,000 For Big Dividends In September 2024 [Seeking Alpha]Seeking Alpha
- Prospect Capital Corporation (PSEC): A Good Stock That Pay Dividends Monthly [Yahoo! Finance]Yahoo! Finance
- Prospect Capital: Surprisingly Well-Covered 14% Yield [Seeking Alpha]Seeking Alpha
PSEC
Earnings
- 5/8/24 - In-Line
PSEC
Sec Filings
- 9/26/24 - Form POS
- 9/23/24 - Form 424B2
- 9/23/24 - Form 424B2
- PSEC's page on the SEC website