Cash Dividend On The Way From Prospect Capital (PSEC)

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Looking at the universe of stocks we cover at Dividend Channel , on 6/27/19, Prospect Capital Corporation (Symbol: PSEC) will trade ex-dividend, for its monthly dividend of $0.06, payable on 7/18/19. As a percentage of PSEC's recent stock price of $6.56, this dividend works out to approximately 0.91%, so look for shares of Prospect Capital Corporation to trade 0.91% lower - all else being equal - when PSEC shares open for trading on 6/27/19.


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 10.98% 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:

Prospect Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, PSEC's low point in its 52 week range is $5.70 per share, with $7.60 as the 52 week high point - that compares with a last trade of $6.56.

In Tuesday trading, Prospect Capital Corporation shares are currently trading flat on the day.

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

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

This article appears in: Investing , Stocks
Referenced Symbols: PSEC

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