News

Looking at the universe of stocks we cover at Dividend Channel, on 3/26/24, Prospect Capital Corporation (Symbol: PSEC) will trade ex-dividend, for its monthly dividend of $0.06, payable on 4/18/24. As a percentage of PSEC's recent stock price of $5.51, this dividend works out to approximately 1.09%, so look for shares of Prospect Capital Corporation to trade 1.09% lower — all else being equal — when PSEC shares open for trading on 3/26/24.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSEC is likely to continue, and whether the current estimated yield of 13.07% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSEC shares, versus its 200 day moving average:

Looking at the chart above, PSEC's low point in its 52 week range is $5.025 per share, with $7.01 as the 52 week high point — that compares with a last trade of $5.53.

Prospect Capital Corporation is in our coverage universe of monthly dividend paying stocks. In Friday trading, Prospect Capital Corporation shares are currently up about 0.9% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

NYLD Historical Stock Prices
BIOC Split History
HAS Options Chain

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.