Prospect Capital (Prospect Capital) 5-Year Yield-on-Cost % : 12.50 (As of Apr. 25, 2024)

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What is Prospect Capital 5-Year Yield-on-Cost %?

Prospect Capital's yield on cost for the quarter that ended in Dec. 2023 was 12.50.

The historical rank and industry rank for Prospect Capital's 5-Year Yield-on-Cost % or its related term are showing as below:

PSEC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.48 Med: 11.36 Max: 17.97
Current: 12.5

During the past 13 years, Prospect Capital's highest Yield on Cost was 17.97. The lowest was 7.48. And the median was 11.36.

PSEC's 5-Year Yield-on-Cost % is ranked better than
86.82% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs PSEC: 12.50

Competitive Comparison of Prospect Capital's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Prospect Capital's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prospect Capital's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prospect Capital's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Prospect Capital's 5-Year Yield-on-Cost % falls into.

Prospect Capital 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Prospect Capital is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Prospect Capital (NAS:PSEC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Prospect Capital 5-Year Yield-on-Cost % Related Terms

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Prospect Capital (Prospect Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prospect Capital Corp (NAS:PSEC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

PSECpA.PFD:USA RK8:Germany RK8:Germany

Address

10 East 40th Street, 42nd Floor, New York, NY, USA, 10016

Website

https://www.prospectstreet.com

Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Executives

M Grier Eliasek	director, officer: President and COO	C/O PROSPECT ENERGY CORPORATION, 10 E. 40TH STREET, 40TH FLOOR, NEW YORK NY 10016
Van Dask Kristin Lea	officer: CFO, TREASURER, SECRETARY, CCO	10 EAST 40TH ST, NEW YORK NY 10016
John F Barry	director, officer: Chief Executive Officer	C/O PROSPECT ENERGY CORPORATION, 10 EAST 40TH STREET, 42TH FLOOR, NEW YORK NY 10016
Eugene S Stark	officer: Chief Financial Officer	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
William Gremp	director	10 E. 40TH ST, 44TH FLOOR, NEW YORK NY 10016
Brian H Oswald	officer: CCO and Secretary, other: CCO and Secretary
Matthew C. Barry	other: Family Insider	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Graham Anderson	director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Andrew C. Cooper	director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Everett	other: VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Simon Marom	other: VP- Legal	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Kleinman	other: Senior VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
David Belzer	other: Managing Director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Amir Friedman	other: VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
William Montgomery Cook	other: Managing Director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016