Prospect Capital: The Yield Is Not Worth The Risk [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
12min Summary Prospect Capital has consistently failed to generate sufficient cash flow to cover dividends, leading to a significant risk of future dividend cuts. The company's NAV per share has declined substantially, eroding shareholder value due to poor financial management and unproductive investments. Issuing preferred stock has diluted common shareholders' value and further strained dividend coverage, with cash available for common dividends covering only 63% in FY 2024. The increasing use of PIK interest and rising preferred dividends are exacerbating the financial strain, making Prospect Capital a poor investment choice. Editor's note: Seeking Alpha is proud to welcome Steve Richter as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » peshkov Introduction Prospect Capital ( NA
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
- National Property REIT Corp. Exits Dylan at Grayson Investment with 1.7 Times Cash on Cash Return [Yahoo! Finance]Yahoo! Finance
- National Property REIT Corp. Exits Dylan at Grayson Investment with 1.7 Times Cash on Cash ReturnGlobeNewswire
- Prospect Capital: Out Of The Woods Or Back To The Woodshed? [Seeking Alpha]Seeking Alpha
- Prospect Capital Corporation to Present at the 2024 Markets Group NYC Private Credit Conference [Yahoo! Finance]Yahoo! Finance
- Prospect Capital Management Partners with iCapital to Expand Investment Advisor Access to Closed End Fund (CEF) and Business Development Company (BDC) Opportunities [Yahoo! Finance]Yahoo! Finance
PSEC
Earnings
- 5/8/24 - In-Line
PSEC
Sec Filings
- 11/21/24 - Form POS
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- PSEC's page on the SEC website