PSEC News and Press, Prospect Capital Corporation From 06/11/24

2024-06-11 15:03:13 ET Summary Prospect Capital is trading at a 38% discount to net asset value, potentially offering investment gains. The BDC has solid balance sheet quality with a low non-accrual percentage and strong distribution coverage. Prospect Capital has high insider...

2024-06-09 06:00:00 ET Summary Gladstone Capital is a quality monthly-paying BDC with a respectable track record and performed strongly with its share price up roughly 20% in the past year. The BDC reported a slight decline in net investment income but saw growth in total investme...

2024-06-07 09:00:00 ET Summary Goldman Sachs BDC has reported strong earnings, with double-digit growth in net investment income and increased originations year-over-year. The company's first-lien exposure is higher than its peers like Capital Southwest, positioning them well for ...

2024-06-05 07:00:00 ET Summary Gladstone Investment is a reliable monthly paying BDC that offers a steady stream of income for retirees. The company has shown strong performance over the past year, outperforming peers and increasing its total portfolio value. GAIN is positione...

2024-05-30 11:54:35 ET Summary Part 1 of this article compares ARCC’s recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 13 BDC peers. Part 1 also performs a comparative analysis between each company’s inves...

2024-05-27 09:00:20 ET Prospect Capital Corp (PSEC) declaring a stock dividend of $0.06 per share on Ex-Date : May 28, 2024. Shareholders on record as of May 29, 2024 are eligible for the dividend. The payment date is scheduled for June 18, 2024, and the declaration was officially m...

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 ...

2024-05-26 09:00:00 ET Summary PennantPark Floating Rate Capital is a BDC trading at a small discount to its NAV, making it an attractive investment in comparison to many of its peers. PFLT reported strong earnings with impressive revenue growth and low non-accruals in its portfol...

2024-05-25 08:00:00 ET Summary Prospect Capital's share price has declined double-digits over the past year due to weaker fundamentals and portfolio quality. The company's declining financials and NAV erosion are concerning, but it still offers a monthly dividend with a comfortabl...

2024-05-23 11:16:35 ET Summary Prospect Capital's monthly cash dividend remains unchanged at $0.06 per share, resulting in a 12.7% dividend yield. The BDC's net investment income for the third quarter beat consensus but was down sequentially and from the year-ago quarter. Pros...