Yes, of course they are not planning a div cut. They have just raised it.
Saying that, everything is OK until it isn't OK. They are doing well at the moment but that is subject to the vagaries of the economy.
I think the one take away from all of these results is that on a per share basis, they aren't generating more earnings than they were 2 years ago.
If you look at the past I think that one can be certain that PSEC will do another SPO relatively soon. Unless things have totally changed, they will wait until the stock price is up a bit and then launch it. That's the way it has worked in the past.
A rising tide lifts all boats.
Credit quality is improving generally. It's impossible to tell if Barry et al are stupid or smart. Time will tell.
That they won't sell stock at 50 cents a share is a relief but that doesn't mean they won't do an SPO.
Gosh. This statement means absolutely nothing.
that's just saying he won't sell 100 mil shares for $5 each.
It doesn't mean they won't do an SPO
NAV declined from the last Q. It is only an increase if you compare with the year ago figures.
Jadelover has improved immeasurably over the years and I now actually really like reading his posts.
i can't believe that will happen because we are already getting $12.82 and the stock price hasn't exceeded the offer price for some time.