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Prospect Capital (Prospect Capital) Forward Dividend Yield %

: 13.34% (As of Today)
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As of today (2024-04-23), the Forward Annual Dividend Yield of Prospect Capital is 13.34%.

As of today (2024-04-23), the Trailing Annual Dividend Yield of Prospect Capital is 13.34%.

PSEC's Forward Dividend Yield % is ranked better than
93.35% of 1203 companies
in the Asset Management industry
Industry Median: 5.95 vs PSEC: 13.34

Prospect Capital's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prospect Capital was 61.80% per year. The lowest was -13.60% per year. And the median was -6.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Prospect Capital's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Prospect Capital's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Prospect Capital's Forward Dividend Yield % falls into.



Prospect Capital Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Prospect Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0602024-03-262024-03-272024-04-18Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602024-02-262024-02-272024-03-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602024-01-262024-01-292024-02-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-12-262023-12-272024-01-18Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-11-272023-11-282023-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-10-262023-10-272023-11-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-09-262023-09-272023-10-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-08-282023-08-292023-09-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-07-262023-07-272023-08-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-06-272023-06-282023-07-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-05-252023-05-262023-06-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0602023-04-252023-04-262023-05-18Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Prospect Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/5.405
=13.32 %

Current Share Price is $5.405.
Prospect Capital's Dividends per Share for the forward twelve months is calculated as $0.06 * 12 = $0.72.

Prospect Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.72/5.405
=13.32 %

Current Share Price is $5.405.
Prospect Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prospect Capital  (NAS:PSEC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Prospect Capital Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Prospect Capital's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Prospect Capital (Prospect Capital) Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
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

Prospect Capital (Prospect Capital) Headlines