Prospect Capital Corporation Stock News

Prospect Capital Corporation (NASDAQ:PSEC ) Q4 2025 Earnings Conference Call August 27, 2025 9:00 AM ET Company Participants John Francis Barry - Chairman of the Board & CEO Kristin Lea Van Dask - CFO, Treasurer, Secretary & Chief Compliance Officer Michael Grier Eliasek - President, COO & Director Conference Call Participants Finian Patrick O'Shea - Wells Fargo Securities, LLC, Research Divisi...

Prospect Capital's share price and NAV continue to decline, with weak earnings and underperformance despite a high 19% dividend yield. The portfolio's heavy exposure to real estate and healthcare, plus high interest rate sensitivity, increases risk and limits recovery potential. Recent earnings show declining net investment income and insufficient new investments, deepening NAV erosion, and sec...

NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2025.

Let's talk about three dividends averaging 12%. I bring them up because everyone on Wall Street hates them.

NEW YORK, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (the “Company” or “Prospect”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-K containing results for the fiscal year ended June 30, 2024 and to issue its earnings press release on Tuesday, August 26, 2025, after the close of the markets.

We take a look at the action in business development companies through the first week of August and highlight some of the key themes we are watching. BDCs underperformed despite strong early earnings, with sector valuations dipping below historical averages. Tight lending spreads continue to pressure BDC net income.

Previously maintained a cautious hold rating on Prospect Capital, favoring bonds over common stock and preferred shares. The stock has heavily underperformed and justified the decision to stay out. We go over the recent results and tell you why the new dividend is likely to get cut within a year.

Quarterly payers are the norm. But monthly dividends…. Yeah, that's that stuff. Today we'll chat about five monthly divvies that yield between 5.8% and 16.3% per year. That's right, these stocks pay early, often and heavy.