All information to date = STEADY/INCREASING DIVIDEND
Continually increased dividends over time, insider purchases/holdings, floating rates (when rates are only going up), and the current earnings show me that this stock is what a lot of its competitors are not = A solid investment where the 11% dividend is not going anywhere. While I would of course love to see PSEC climb to $17 a share, I am just as happy knowing that PSEC will stay the course and continue to pay me my 11%. I am elated by these earnings.
Especially when you consider that (I am moving to very general terms) that the market has made about 10% a year since inception if held for the entire time, but what people forget is that there have been times that due to extremely high inflation "10%" was closer to 6%. With inflation as low as it is, I will put my whole portfolio in companies like PSEC (ie steady dividends in the double digits) if I could do so in a diversified manner (which I can't).