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Prospect Capital (FRA:RK8) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Prospect Capital 3-Year Dividend Growth Rate?

Prospect Capital's Dividends per Share for the three months ended in Mar. 2024 was €0.17.

The historical rank and industry rank for Prospect Capital's 3-Year Dividend Growth Rate or its related term are showing as below:

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.

FRA:RK8's 3-Year Dividend Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: 1.85
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Prospect Capital's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.90. As of today, Prospect Capital's Dividend Yield % is 12.88%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Prospect Capital Corp is 3.27, which seems too high.

Good Sign:

Prospect Capital Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of Prospect Capital's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Prospect Capital's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prospect Capital's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Prospect Capital's 3-Year Dividend Growth Rate falls into.



Prospect Capital 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Prospect Capital  (FRA:RK8) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Prospect Capital's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.166/ 0.184
=0.90

During the past 13 years, the highest Dividend Payout Ratio of Prospect Capital was 3.45. The lowest was 0.29. And the median was 1.23.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Prospect Capital Corp is 3.27, which seems too high.

2. 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 0.0600002024-04-252024-04-262024-05-21Cash DividendmonthlyUSD:EUR 0.932000
USD 0.0600002024-03-262024-03-272024-04-18Cash DividendmonthlyUSD:EUR 0.920000
USD 0.0600002024-02-262024-02-272024-03-20Cash DividendmonthlyUSD:EUR 0.927000
USD 0.0600002024-01-262024-01-292024-02-20Cash DividendmonthlyUSD:EUR 0.918000
USD 0.0600002023-12-272023-12-272024-01-18Cash DividendmonthlyUSD:EUR 0.917000
USD 0.0600002023-11-272023-11-282023-12-19Cash DividendmonthlyUSD:EUR 0.924000
USD 0.0600002023-10-262023-10-272023-11-20Cash DividendmonthlyUSD:EUR 0.947000
USD 0.0600002023-09-262023-09-272023-10-19Cash DividendmonthlyUSD:EUR 0.937000
USD 0.0600002023-08-282023-08-292023-09-20Cash DividendmonthlyUSD:EUR 0.917000
USD 0.0600002023-07-262023-07-272023-08-22Cash DividendmonthlyUSD:EUR 0.904000
USD 0.0600002023-06-272023-06-282023-07-20Cash DividendmonthlyUSD:EUR 0.923000

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.60996/5.155
=11.83 %

Current Share Price is €5.155.
Prospect Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.60996.

During the past 13 years, the highest Dividend Yield of Prospect Capital was 18.80%. The lowest was 7.83%. And the median was 11.92%.

Good Sign:

Prospect Capital Corp stock dividend yield is close to 3-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


Prospect Capital (FRA:RK8) 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.

Prospect Capital (FRA:RK8) Headlines

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