PSEC.PRA

Prospect Capital's Series A Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Monday, shares of Prospect Capital Corporation's 5.35% Series A Cumulative Preferred Stock (Symbol: PSEC.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.3375), with shares changing hands as low as $17.25 on the day. This compares to an average yield of 6.48% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, PSEC.PRA was trading at a 26.16% discount to its liquidation preference amount, versus the average discount of 9.86% in the "Financial" category.

The chart below shows the one year performance of PSEC.PRA shares, versus PSEC:

Performance Comparison Chart

Below is a dividend history chart for PSEC.PRA, showing historical dividend payments on Prospect Capital Corporation's 5.35% Series A Cumulative Preferred Stock:

PSEC.PRA+Dividend+History+Chart

In Monday trading, Prospect Capital Corporation's 5.35% Series A Cumulative Preferred Stock (Symbol: PSEC.PRA) is currently off about 3.6% on the day, while the common shares (Symbol: PSEC) are up about 0.7%.

Also see:
• Warren Buffett Dividend Stock Portfolio
• NetApp YTD Return
• TDUP shares outstanding history

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

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