NEW YORK, NY--(Marketwire - 08/26/10) - Prospect Capital Corporation (NASDAQ:PSEC - News) ("Prospect" or "Company") announced today that Prospect has declared monthly cash distributions in the following amounts and with the following dates:
10.0625 cents per share for September 2010 (record date of September 30, 2010 and payment date of October 29, 2010); and
10.0750 cents per share for October 2010 (record date of October 29, 2010 and payment date of November 30, 2010).
These distributions mark the Company's 26th and 27th consecutive cash distributions.
I agree. I initially thought this was a raise, but historically, we're behind the last few years. Perhaps they'll make it up at the end of the year, or perhaps they're paying differently to fool investors into thinking the div was raised, even as they snuck it down a bit.
It's just a bit, nothing to be concerned about (I don't think....)