Is psec a good dividend stock?

Is PSEC a good stock buy?

Valuation metrics show that Prospect Capital Corporation may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of PSEC, demonstrate its potential to perform inline with the market. It currently has a Growth Score of F.

Is it smart to invest in Prospect Capital?

Throughout the Covid-19 pandemic, Prospect Capital’s portfolio quality has been excellent. Prospect Capital’s portfolio quality improved as a result of the strong economic upswing in 2021 and rising asset prices, with the non-accrual ratio dropping from 0.7% in 3Q20 to 0.5% in 3Q21.

How long has PSEC pay dividends?

The next Prospect Capital Corp dividend went ex 13 days ago for 6c and will be paid in 9 days.

Dividend Summary.

Summary Previous dividend Next dividend
Status Paid Declared
Type Interim Interim
Per share 6c 6c
Declaration date 08 Nov 2021 (Mon) 08 Nov 2021 (Mon)

Does PSEC pay a dividend?

PSEC pays a dividend of $0.72 per share. PSEC’s annual dividend yield is 8.14%.

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Will PSEC go up?

Yes. The PSEC stock price can go up from 8.330 USD to 8.651 USD in one year.

Why is PSEC dropping?

Prospect Capital’s leverage ratio has, however, decreased over time and it has fallen below its 0.70x-0.80x target range in 2020. This is because management wanted to reduce leverage during COVID-19-related uncertainty. Over the medium term, the leverage ratio will rise again and fall into the stated target range.

Who owns the most shares of PSEC?

Largest shareholders include BIZD – VanEck Vectors BDC Income ETF, Van Eck Associates Corp, BlackRock Inc., Invesco Ltd., Legal & General Group Plc, KBWD – Invesco KBW High Dividend Yield Financial ETF, Two Sigma Advisers, Lp, Lsv Asset Management, Morgan Stanley, and Muzinich & Co., Inc..

What type of stock is PSEC?

PSEC is a publicly-traded closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940, as amended.

What kind of company is Prospect Capital?

Prospect Capital Corporation is a leading publicly-traded Business Development Company (“BDC”). We make debt and equity investments in U.S. middle market businesses across a range of industries, and seek to deliver steady, attractive returns to our shareholders. We trade on NASDAQ under the ticker symbol “PSEC”.

How much dividend does PSEC pay monthly?

Prospect Capital (NASDAQ:PSEC) Dividend History by Quarter

Announced Period Amount
8/26/2021 monthly $0.06
8/26/2021 monthly $0.06
5/17/2021 monthly $0.06
5/17/2021 monthly $0.06

Does PSEC pay monthly?

Prospect Capital Corporation (PSEC) is one of the more attractive business development companies in the market today. Prospect actually pays monthly dividends, giving its shareholders a steady and predictable passive income stream which is highly appealing for income investors.

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What stocks pay the highest monthly dividends?

Here are seven monthly dividend stocks to buy with high yields:

  • AGNC Investment Corp. (AGNC)
  • Broadmark Realty Capital Inc. (BRMK)
  • Horizon Technology Finance Corp. (HRZN)
  • PennantPark Floating Rate Capital Ltd. (PFLT)
  • Prospect Capital Corp. (PSEC)
  • Sabine Royalty Trust (SBR)
  • Stellus Capital Investment Corp. (SCM)

Is Agnc a monthly dividend?

Declares Monthly Common Stock Dividend of $0.12 per Common Share for February 2022 and Announces Estimated Tangible Net Book Value of $14.91 per Common Share as of January 31, 2022.

Does nly pay monthly dividends?

The next Annaly Capital Management Inc dividend is expected to go ex in 2 months and to be paid in 3 months.

Dividend Summary.

Summary Previous dividend Next dividend
Pay date 31 Jan 2022 (Mon) 29 Apr 2022 (Fri)