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home / news releases / PSEC - Prospect Capital Is A Steal


PSEC - Prospect Capital Is A Steal

2024-05-26 20:30:56 ET

Summary

  • Prospect Capital Corporation's loan quality and dividend coverage remain healthy.
  • The BDC is originating new loans, which will contribute to its net investment income and potentially improve dividend coverage.
  • Despite a 37% discount to net asset value, the stock's 13% yield makes it a worthwhile investment for passive income investors.

The loan quality profile of Prospect Capital Corporation ( PSEC ) continued to look very healthy in the last quarter, as did the business development company’s dividend coverage setup....

For further details see:

Prospect Capital Is A Steal
Stock Information

Company Name: Prospect Capital Corporation
Stock Symbol: PSEC
Market: NASDAQ
Website: prospectstreet.com

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