Prospect Capital Declares its 98th and 99th Consecutive Cash Distributions

NEW YORK, Aug. 25, 2016 (GLOBE NEWSWIRE) -- 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:

• 8.333 cents per share for September 2016 (record date of September 30, 2016 and payment date of October 20, 2016); and

• 8.333 cents per share for October 2016 (record date of October 31, 2016 and payment date of November 17, 2016).

These distributions mark Prospect’s 98th and 99th consecutive cash distributions to shareholders.

Prospect’s closing stock price of $8.45 as of August 24, 2016 delivers to shareholders a current dividend yield of 11.8%.