Go to PSEC's web site, click on Investor Relation on top of the screen, then click tax information:
According to PSEC's web site:
2009 27.44% of the annual dividend is ROC
2010 28.62% is ROC
2011 13.07% is ROC
Do not know why they had not listed that for 2012 yet. E-mailed them today to find out.
It appears some of the PSEC investors here had no idea that they had been getting ROC as part of their annual dividends and if they reported their complete amount of PSEC dividends as taxable dividends in previous years, then they have nobody to blame but themselves or their tax accountants.
Another investor with investment IQ equals to his shoe size. SLRC has been one of the most stable stock with its dividend. It already declared its next dividend. Now is time to buy.
Wee wee wee, Time cannot tell lost another 4 pennies....
In that rate (4 cents/day), all his FSC dividends received this year will be down the drain in less than a month....
Wee wee wee (sobbing sound)
Time for you to sell your FSC....Yee Yee Yee
You have to understand this poster is only 16 years old (or 16 mos?) and probably related to Kole, just do yourself a favor and ignore him...LOL
Instead of selling it, may be you should continue to buy PSEC as its prices going up, just like smart Kole was doing and made a wonderful return on his money. As long as PSEC is paying its monthly dividend and Mr. Barray is owning many shares of PSEC (even though he did make 8M on the First Tower deal), we should all be happy. GL
Use Edit, Find, then type in First Tower, it almost appeared that they were sueing everybody...
because they would not pay back their loans?
Now forgive me for asking:
Why would anybody buy so many shares in AH at 10.02 when that person could have bought as many shares as he could at below 9.90 before today's closing?
PSEC had broken its past record by having their public offering so early this year, there is a 30% possibility that they may have another public offering some time later this year....
Why would they need so much money?
Making more new investments?
They will probably raise their monthly dividend by another 1/10 of a penny later this year
That should be good news and if you can buy them cheap again during the second offering, it would be double the good news?