NEW YORK, NY -- (Marketwired) -- 08/21/13 -- 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:
11.0325 cents per share for January 2014 (record date of January 31, 2014 and payment date of February 20, 2014);
11.0350 cents per share for February 2014 (record date of February 28, 2014 and payment date of March 20, 2014); and
11.0375 cents per share for March 2014 (record date of March 31, 2014 and payment date of April 17, 2014).
Why not come out with this news with earnings tonight? Makes me think that earnings numbers might be a disappointment. Thus put out good news of distributions ahead of the numbers tonight. I hope I am over thinking this, but the announcement of Jan 14 distributions could have waited a day. Hope i am wrong as i am well invested in this stock.
Nothing telling about the timing of this release. Only your fear makes it so. The fact that they state clearly the have excess dividends still points to a Q that hits at least .33, that should make you less fearful