Prospect Capital declares 100th, 101st and 102nd dividend

NEW YORK, Nov. 08, 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 November 2016 (record date of November 30, 2016 and payment date of December 22, 2016);
• 8.333 cents per share for December 2016 (record date of December 30, 2016 and payment date of January 19, 2017); and
• 8.333 cents per share for January 2017 (record date of January 31, 2017 and payment date of February 16, 2017).

These distributions mark Prospect’s 100^th, 101^st and 102^nd consecutive cash distributions to shareholders. Prospect’s closing stock price of $7.52 as of November 7, 2016 delivers to shareholders a current dividend yield of 13.3%.