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Prospect Capital Corporation
PSECFinancial ServicesNASDAQUS
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High earners in the 32% federal bracket holding ordinary-income dividend payers in a taxable brokerage account face a math problem that most never run on paper.
NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) a leading business development company focused on investing in middle-market businesses, today announced the successful sale of Prospect's portfolio company Valley Electric Company, Inc. (“Valley Electric”) to MYR Group Inc. (“MYR”), a leading specialty contractor serving the electric utility infrastructure, commercial, and industrial construction markets.
In the article I list all monthly-paying BDCs. This list is then reduced to a handful of BDCs. These remaining BDCs, in my view, are the one with the strongest prospect to generate durable income without permanent NAV decay.
Let's capitalize on analyst incompetence—and bank yields up to 18.3%, with upside to boot!
Prospect Capital maintains a 'Strong Buy' rating as its investment thesis, although controversial, remains intact after Q3'26 earnings. PSEC's portfolio quality remained stable at 0.7%, outperforming peers, with first liens rising to 72%. The dividend was reset to $0.035 per-share monthly due to pressure from preferred stock offerings.
Prospect Capital Corporation is reiterated as a sell due to ongoing financial deterioration despite a 59% discount to NAV and double-digit yield. PSEC's Q3 saw net investment income and total investment income decline, with NAV dropping sequentially and year-over-year, underperforming peers. Management's portfolio shift to first-lien loans and reduced real estate exposure are positive but not expected to offset near-term financial weakness.
Prospect Capital NASDAQ: PSEC reported net investment income of $78 million, or $0.16 per common share, for its March quarter, as management emphasized a continuing shift toward first-lien senior secured middle-market lending and away from structured notes, real estate and other targeted equity-linked assets.
Prospect Capital Corporation (PSEC) Q3 2026 Earnings Call Transcript
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2026.
NEW YORK, May 06, 2026 (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-Q containing results for the fiscal quarter ended March 31, 2026 and to issue its earnings press release on Thursday, May 7, 2026, after the close of the markets. The Company will host a conference call on Friday, May 8, 2026 at 9:00 a.m.
Prospect Capital (NASDAQ:PSEC) pays a monthly distribution of $0.045 per share, which works out to $0.54 annualized and a yield of roughly 20.1% at a recent share price of almost $3.
NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems ("SFS"), aggregating approximately $26 million, in collaboration with Blackford Capital.
NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems (“SFS”), aggregating approximately $26 million, in collaboration with Blackford Capital.
NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- Prospect Enhanced Yield Fund (“PENF” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash shareholder distributions for April 2026, May 2026, and June 2026. These distributions represent the seventh, eighth, and nineth monthly distributions paid by the Fund.
New modular seating, dining and coordinated sets bring elevated coastal style to outdoor entertaining CANTON, Ga., April 22, 2026 /PRNewswire/ -- Ubique Group, a leading provider of commercial and residential furniture, today announced the expansion of the Martha Stewart Lily Pond Patio Collection, introducing a wicker series of patio furniture thoughtfully crafted to embody Martha's effortless outdoor style.
GraniteShares Advisors LLC purchased a new stake in Prospect Capital Corporation (NASDAQ: PSEC) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,059,980 shares of the financial services provider's stock, valued at approximately $2,745,000. Prospect Capital comprises approximately 1.7% of
GraniteShares Advisors LLC bought a new stake in Prospect Capital Corporation (NASDAQ: PSEC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,059,980 shares of the financial services provider's stock, valued at approximately $2,745,000. Prospect Capital makes up
Prospect Capital Corporation (NASDAQ:PSEC) pays a 21.7% annualized yield by sending shareholders $0.045 per share every month.
Monthly dividend stocks offer something most income investments cannot: a paycheck every single month.
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash common shareholder distributions for March 2026, April 2026, and May 2026.
Eagle Point Credit (NYSE: ECC - Get Free Report) and Prospect Capital (NASDAQ: PSEC - Get Free Report) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, dividends, profitability and analyst recommendations. Valuation and Earnings This table compares
Prospect Capital's stock trades at a steep discount to its NAV per share. But its deteriorating portfolio, constant dilution, and high fees justify that discount.
NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.000% Series J Term Preferred Stock Due 2028 (CUSIP: 74274W772; NYSE: PRIFJ) (the “Series J Preferred Shares”) at a price of $25 per Series J Preferred Share, plus accrued but unpaid dividends per Series J Preferred Share from March 31, 2026, to but excluding, the Redemption Date (the “Redemption Price”). The redemption date will be April 24, 2026 (the “Redemption Date”).
Prospect Capital common shares remain unattractive due to persistent NAV declines, a history of dividend cuts, and ongoing dilution from new share issuance. PSEC's Series A Preferreds (PSEC.PR.A) offer an 8.07% current yield, fully covered by net investment income, and trade at a 35% discount to redemption value. The common dividend is not fully covered when accounting for preferreds, while preferred coupon payments are secure. The yields on both reflect higher perceived credit risk in PSEC's portfolio.
NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund's Board of Directors has declared its first quarterly cash “bonus” common shareholder distribution for March 2026.
Prospect Capital ( NASDAQ:PSEC ) is a business development company that lends to middle-market businesses, collecting interest income and passing most of it to shareholders as monthly distributions.
NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared distributions on shares of the Fund's 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).
