as a holder of PSEC, I would sure like a meaningful div increase, but based on the conference call, I wouldn't bet on a special, possibly an increase, I'd like to see to 12 cents or so, but I am not counting on that either, just hoping.....I believe they will retain the extra dollars and pay the exicse tax, the exicse tax is 4%, pretty cheap money, plus adds to BV....long term they will increase, your guess is as good as anyone's as to when, but I believe they will be very cautious about increasing too quickly because they had to cut when they moved to monthly....a safe div is worth more than a high div that is likely to be cut.....they have good management and make good decisions.....but with First Tower coming on, It could easily be increased to 11 cents month.
Sentiment: Hold