STOCK TITAN
  1. Home
  2. News
  3. PSEC

Prospect Capital Corp - PSEC STOCK NEWS

Welcome to our dedicated news page for Prospect Capital (Ticker: PSEC), a resource for investors and traders seeking the latest updates and insights on Prospect Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Prospect Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Prospect Capital's position in the market.

News
Prospect Capital Announces December 2023 Financial Results and Declares 80th Consecutive $0.06 Dividend
Rhea-AI Summary
Prospect Capital Corporation (PSEC) announced its financial results for the fiscal quarter ended December 31, 2023, with a net investment income of $96,927 and a net loss applicable to common shareholders of $(51,436). The company declared monthly cash distributions to common shareholders and expects to declare more in May 2024, June 2024, July 2024, and August 2024. Prospect's closing stock price of $5.81 at February 7, 2024, delivers an annualized distribution yield of 12.4% to common shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.88%
Tags
dividends earnings
-
News
Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call
Rhea-AI Summary
Prospect Capital Corporation (PSEC) announced the filing of its report on Form 10-Q for the fiscal quarter ended December 31, 2023, and the issuance of its earnings press release on February 8, 2024. The company will host a conference call on February 9, 2024, and the call will be available via live webcast on the company's website. A recording of the call will be available for approximately 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
earnings
-
News
Prospect Capital Announces Annual Meeting Update
Rhea-AI Summary
Prospect Capital Corporation (NASDAQ: PSEC) held its annual meeting of stockholders on December 18, 2023. The company's common stock outstanding is 408,132,468 shares, with various series of preferred stock also outstanding. The Annual Meeting has been adjourned until December 22, 2023, to solicit stockholder votes for the proposal found in the Proxy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
News
Prospect Capital Announces September 2023 Financial Results and Declares Steady Monthly Dividends through January 2024 of $0.06 Per Common Share
Rhea-AI Summary
Prospect Capital Corporation (NASDAQ: PSEC) announced financial results for the fiscal quarter ended September 30, 2023, reporting a net investment income of $125.6 million and a basic NII per common share of $0.25. The company declared monthly cash distributions to common shareholders and preferred shareholders, with an annualized distribution yield of 13.5% for common shareholders and 5.50% for preferred shareholders. The company also highlighted its investment activity, portfolio update, and capital and liquidity position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.12%
Tags
dividends earnings
-
News
Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call
Rhea-AI Summary
Prospect Capital Corporation (NASDAQ: PSEC) announced that it will file its report on Form 10-Q for the fiscal quarter ended September 30, 2023, on November 8, 2023. The company will also issue its earnings press release on the same day. A conference call will be held on November 9, 2023, at 10:30 a.m. Eastern Time, with a dial-in number provided. A recording of the call will be available for approximately 30 days, and a replay of the audio webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
Tags
earnings
-
News
Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
Rhea-AI Summary
Prospect Capital Corporation has announced a cash tender offer to purchase all of its outstanding 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock. The offer will expire on November 29, 2023, and the purchase price per share is $15.877396. Holders of tendered shares will also receive accrued dividends up to the Settlement Date, which is expected to occur within three business days following the expiration date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
none
News
Prospect Capital Announces June 2023 Financial Results and Declares Stable Monthly Dividends through October 2023 of $0.06 Per Common Share
Rhea-AI Summary
Prospect Capital Corporation announces financial results for Q2 and FY2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
dividends earnings
-
News
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
Rhea-AI Summary
Prospect Capital Corporation expects to issue its earnings press release on August 29, 2023. The company will host a conference call on August 30, 2023. A recording of the conference call will be available for approximately 30 days. The conference call will also be available via a live listen-only webcast on the Company’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
earnings
-
News
Prospect Capital Announces March 2023 Financial Results and Declares Stable Monthly Dividends through August 2023 of $0.06 Per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
dividends earnings
News
Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
Stock PSEC logo
Prospect Capital Corp

Nasdaq:PSEC

PSEC Rankings

#1812 Ranked by Market Cap
#3822 Ranked by Stock Gains
#46 Ranked by Dividends

PSEC Stock Data

2.23B
26.69%
9.91%
5.63%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
New York

About PSEC

prospect capital management l.p. ("prospect"​) is the investment advisor to prospect capital corporation (nasdaq: psec), a leading provider of flexible private debt and equity capital to sponsor-owned and non-sponsor-owned middle market companies in the united states and canada. psec is a publicly-traded closed-end investment company that has elected to be treated as a business development company under the investment company act of 1940, as amended. as a yield-oriented company, psec seeks investments with historical cash flows, asset collateral, or contracted pro forma cash flows. prospect reviews a range of financing situations, including: * mezzanine debt * acquisitions * growth * development * financings * recapitalizations