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Prospect Capital Corporation Message Board

  • rlbeard6734 rlbeard6734 Mar 22, 2013 9:28 PM Flag

    CC report in august 2012

    I have reread it again, the questioner stated there was about 46 cents in spillover income at that time and since then there has been another 33 cents pin spillover income making it 79 cents, they stated they have to distribute 90% of income to stay qualified as an RIC so they can retain approximately 20 cents plus 2 quarters of distributions which would be another 66 cents using those numbers it is possible they wouldn't have to distribute a special dividend unless this quarter is above 40 cent mark and then everything over that would need to be distributed before corporate year end. any thoughts on this would be appreciated as to where I might have figured this wrong or have not thought it through properly.

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