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.
Is PSEC a dividend stock?
PSEC pays a dividend of $0.66 per share. PSEC’s annual dividend yield is 8.39%. Prospect Capital Corp’s dividend is higher than the US Asset Management industry average of 5.73%, and it is higher than the US market average of 3.29%.
Is Prospect Capital in trouble?
Based on the latest financial disclosure, Prospect Capital Cp has a Probability Of Bankruptcy of 48.0%. This is 3.87% lower than that of the Financial Services sector and 19.4% higher than that of the Asset Management industry.
What does Prospect Capital own?
An introduction to Prospect Capital
As a business development company, Prospect Capital invests in senior secured loans with third party first loss, subordinated structured notes and real estate. Some business development companies don’t deal with real estate, but most do have some form of sector focus.
Is psec a buy or sell?
The financial health and growth prospects of PSEC, demonstrate its potential to outperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Largest shareholders include Lsv Asset Management, Arrowstreet Capital, Limited Partnership, Van Eck Associates Corp, BIZD – VanEck Vectors BDC Income ETF, Legal & General Group Plc, Invesco Ltd., KBWD – Invesco KBW High Dividend Yield Financial ETF, BlackRock Inc., Morgan Stanley, and Muzinich & Co., Inc..
What stock pays the highest monthly dividend?
Seven monthly dividend stocks with big yields:
- AGNC Investment Corp. (AGNC)
- Gladstone Capital Corp. (GLAD)
- Horizon Technology Finance Corp. (HRZN)
- LTC Properties Inc. (LTC)
- Main Street Capital Corp. (MAIN)
- PennantPark Floating Rate Capital Ltd. (PFLT)
- Pembina Pipeline Corp. (PBA)
What stock pays the highest dividend?
Dividend Aristocrat Companies With the Highest Dividends
|T Rowe Price (TROW)||6.15%|
Does Hrzn pay monthly dividends?
Horizon currently pays a monthly dividend of $0.10 per share. The annualized dividend payout of $1.20 represents a yield of 7.3%, based on Horizon’s current price. … Net investment income for 2021 is expected to reach $1.25 per share, which equates to a payout ratio of 96%.
How does psec make money?
Its income comes from making debt and equity investments in private businesses — businesses that are generally too small to sell stock or bonds to public investors. BDCs typically make loans that banks can’t or won’t touch. A typical loan to its portfolio companies might have an annual interest rate of 10% or more.