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Prospect Capital Corporation (PSEC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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8.04+0.21 (+2.68%)
At close: 4:00PM EDT
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  • D
    Dan
    Bought more @ $7.90, $7.80, $7.70, & $7.60.

    The meant what I said a couple of months ago. I’m happy enough just collecting the dividend. Share price comes & goes. Don’t sweat it.
  • l
    ltm
    Nice come back yesterday and today is starting out strong. The selling was overdone based on a neutral financial report.
  • K
    KEVIN
    Earnings out. NAV increases 5% to $9.38 per share. Dividends remain at $0.06 through August. What's not to like?
  • A
    Anonymous
    An incredible buying op here....NAV $9.38/share....dividends payable through Sept???????? Who sold below $8??????????????
    Bullish
  • R
    Robert G
    This one is on sale today. I wish I knew why the large drop today post earnings. It was not a bad report for a BDC. Is it the large amount of individual investors who have jumped in here looking for a dividend payday? ...... Getting close to my entry point but not there yet.
    Neutral
  • M
    Marc
    I just got into this stock. Do they pay a monthly dividend or is it quarterly?
  • P
    Palazzolo
    Does anyone know when shares are added to your account after last ex dividend. New to the DRIP process. I know the actual monetary dividend is added weeks after but thought shares were bought and in your account sooner.
    Neutral
  • j
    jk
    That NAV , wow. DIVI needs to rise to boost shares to 10.00. This is lowest yield since inception? Shareholders should be getting double digits either in yield or pps
  • j
    josh
    (PSEC) reported fiscal third-quarter net income of $246.4 million, after reporting a loss in the same period a year earlier.

    The New York-based company said it had profit of 64 cents per share. Earnings, adjusted for investment gains, came to 19 cents per share.

    The business development company posted revenue of $159.5 million in the period.
  • K
    Kerry
    Bought back 2000 sh last week at $7.65, sold today at $8. Small $700 profit, but that is almost 6 months worth of dividends right up front. This is a stock that will make you more money by buying and selling than just holding and doing nothing. I remember when I first owned this stock and the dividend was 11 cents. That was sweet, but never to be seen again I think. GLTA
  • A
    Anonymous
    own a lot of psec - negative basis - love the drip - will never sell
  • J
    Joe
    many large BDC trading at premium to NAV. PSEC is most likely headed there too!
  • R
    Ryan
    Im not 100% comprehending this proxy vote situation. why would I want the company to be able to sell shares at a price lower than its value? seems like a no brainer to vote against unless I'm not seeing another side of it
  • B
    Bill
    Been buying since Oct 2020. Up over 20% on my cumulative purchases. Won't complain or play dividend harvest.
  • J
    Joe
    Man the market is dropping faster than a fat kid on a seesaw!! I bought in PSEC @ $4 a share.... And this is a hard one for me... I just have a feeling that it's going to go back to $8+. And as they say the market is 90% research 10%intuition....
    Neutral
  • m
    markm
    value is pps, discount of new shares is to nav, not current pps. not uncommon for bdc to issue shares at discount to nav.
  • D
    Dan
    Well this was not the anticipated result of an earnings beat.

    One can only shudder at what a miss would have precipitated.
  • D
    D
    I looked at this around six-months ago...it was only $5.00. I should have pulled the trigger!
  • K
    Kerry
    PSEC is currently trading at a discount (.91) of the NAV. Hope someday to see it trade at a premium to the NAV.
  • D
    Dan
    Today we have our expected .06 ex-div drop. Light volume so perhaps not as many playing “dividend harvest” as I expected.