Prospect Capital Announces New Cash Distributions Schedule

Prospect Capital Corp. (PSEC) just unveiled an announcement.

On May 8, 2024, a company announced a series of monthly cash distributions for common shareholders and preferred stockholders. Common shareholders can expect $0.0600 per share over the next four months with designated record and payment dates. Additionally, preferred stockholders with Floating Rate, 5.50%, 6.50%, and 5.35% stocks will receive monthly or quarterly dividends respectively, based on the stipulated annualized rates and scheduled record and payment dates. These dividends reflect the company’s commitment to providing consistent returns to its investors.

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