Prospect Capital Dividend
Dividend criteria checks 2/6
Prospect Capital is a dividend paying company with a current yield of 13.74%. Next payment date is on 21st May, 2024 with an ex-dividend date of 25th April, 2024.
Key information
13.7%
Dividend yield
-363%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 25 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | -US$0.19 |
| Dividend yield forecast in 3Y | 13.7% |
Recent dividend updates
Recent updates
Prospect Capital: 13.4% Dividend Yield, But Will NAV Dip Forever?
Feb 12Prospect Capital: 3 Reasons To Buy This Mediocre 12% Yield (Rating Upgrade)
Jan 26Prospect Capital: Attractive Entry Point For Investors Willing To Take Risk
Jan 14Prospect Capital announces additions to non-traded preferred stock offering
Oct 07Prospect Capital goes ex-dividend tomorrow
Sep 26Prospect Capital exceeds $1B preferred fundraising milestone and upsizes extended credit facility to $1.584B
Sep 09Prospect Capital NII EPS of $0.21 beats by $0.03, total Investment Income of $184.62M beats by $8.02M
Aug 29The Best Way To Invest In Prospect Capital
Aug 21Prospect Capital: Deep Value Alert, Dividend Hike Could Come Soon
Aug 08Opportunity: Investment Grade Bond, +8% Yield From Prospect Capital
Jul 20Prospect Capital: A Dividend Cut Could Come Soon
Jun 26Prospect Capital: The Superstar Stock You Do Not Want To Miss
Apr 28Prospect Capital: 8% Yield, 21% Discount, Steady Dividends
Feb 13Prospect Capital: A Value Trap
Jan 06Prospect Capital: Preferred Offers Attractive Risk-Reward
Sep 07Prospect Capital: 9% Yield, 18% Discount, Monthly Payer
Aug 29Prospect Capital: Not Yet A Buy But No Longer Fool's Gold
Jul 19Prospect Capital: 8% Yield, 5% Discount, Outperforming Monthly Payer
Jun 18Prospect Capital NII beats by $0.02, beats on total investment income
May 10Prospect Capital prices $325M of 3.706% notes due 2026
Jan 14Prospect Capital offers to repurchase $20M of 6.375% convertible notes
Dec 28Prospect Capital buys $25M of notes issued by KM2 Solutions
Dec 22Prospect Capital launches tender offer for $162.9M of convertible notes
Dec 16Prospect Capital offers to buy back up to $40M of notes
Nov 17Prospect Capital: Cheap Valuation, But The Discount Is Warranted
Nov 14Prospect Capital declares $0.06 dividend
Nov 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PSEC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Prospect Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSEC) | 13.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (PSEC) | 13.7% |
Notable Dividend: PSEC's dividend (13.74%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: PSEC's dividend (13.74%) is in the top 25% of dividend payers in the US market (4.74%)
Earnings Payout to Shareholders
Earnings Coverage: PSEC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (197.9%), PSEC's dividend payments are not well covered by cash flows.