NEW YORK, NY --02/09/16 --
Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today
that Prospect has declared monthly cash distributions to shareholders
in the following amounts and with the following record and payment
dates:
Prospect's closing stock price of $5.68 as of February 8, 2016 delivers to shareholders a current dividend yield of 17.6%.
Based on past distributions and assuming its current share count for upcoming distributions, Prospect since inception through its April 2016 distribution will have distributed more than $14.62 per share to original shareholders and over $1.85 billion in cumulative distributions to all shareholders.
Prospect expects to declare its May, June, July, and August 2016 distributions in May 2016.
- 8.333 cents per share for February 2016 (record date of February 29, 2016 and payment date of March 24, 2016)
- 8.333 cents per share for March 2016 (record date of March 31, 2016 and payment date of April 21, 2016)
- 8.333 cents per share for April 2016 (record date of April 29, 2016 and payment date of May 19, 2016)
Prospect's closing stock price of $5.68 as of February 8, 2016 delivers to shareholders a current dividend yield of 17.6%.
Based on past distributions and assuming its current share count for upcoming distributions, Prospect since inception through its April 2016 distribution will have distributed more than $14.62 per share to original shareholders and over $1.85 billion in cumulative distributions to all shareholders.
Prospect expects to declare its May, June, July, and August 2016 distributions in May 2016.
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