Prospect Capital declares 103rd, 104th and 105th consecutive cash distribution

NEW YORK, Feb. 07, 2017 (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 February 2017 (record date of February 28, 2017 and payment date of March 23, 2017);
•         8.333 cents per share for March 2017 (record date of March 31, 2017 and payment date of April 20, 2017); and
•         8.333 cents per share for April 2017 (record date of April 28, 2017 and payment date of May 18, 2017).

These distributions mark Prospect’s 103^rd, 104^th and 105^th consecutive cash distributions to shareholders. Prospect’s closing stock price of $8.74 as of February 6, 2017 delivers to shareholders a current dividend yield of 11.4%.