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 18.22% 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 $2.11 per share, with $3.50 as the 52 week high point — that compares with a last trade of $2.31.
According to the ETF Finder at ETF Channel, PSEC makes up 2.24% of the GraniteShares HIPS US High Income ETF (Symbol: HIPS) which is trading higher by about 0.1% on the day Tuesday. (see other ETFs holding PSEC).
According to Preferred Stock Channel, there is a series of preferred stock that is senior to PSEC, which trades under the symbol PSEC.PRA — more info ».
Prospect Capital Corporation is in our coverage universe of monthly dividend paying stocks. In Tuesday trading, Prospect Capital Corporation shares are currently up about 1.1% on the day.
Further PSEC Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
