Dividend cut #7 of 2024 : Prospect Capital

Prospect Capital is declaring distributions to common shareholders as follows:

• November 24, record date 11/26/2024, payment date 12/19/2024, amount $0.0450
• December 24, record date 12/27/2024, payment date 1/22/2025, amount $0.0450
• January 25, record date 1/29/2025, payment date 2/19/2025, amount $0.0450

Prospect expects to declare February 2025, March 2025, and April 2025 distributions to common shareholders in February 2025.

This is a first dividend cut since 2017 for Prospect, not good.