Prospect Capital dividend yield – Prospect Capital Corp Announces 0.06 Cash Dividend
March 25, 2023
Dividends Yield
Prospect Capital ($LTS:0R25) Corp recently announced on March 2 2023, an annual dividend of 0.06 USD per share. This is a great opportunity for investors looking for dividend stocks, as PROSPECT CAPITAL has had an average dividend yield of 16.59% in the last three years. This latest 0.06 cash dividend serves as a reminder of the company’s commitment to rewarding its shareholders. This makes it one of the better dividend stocks in the market.
Additionally, PROSPECT CAPITAL has a strong balance sheet and ample liquidity to maintain its current dividend levels. Therefore, this dividend stock is an attractive option for investors looking for steady income streams and potentially attractive returns in the long term.
Price History
The stock opened at €3.7 and closed at the same value. Prospect Capital has been known to be a reliable dividend payer, consistently providing regular dividend payments to shareholders throughout the years. With this announcement, shareholders can expect to receive their dividend payment in early June. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Prospect Capital. More…
| Total Revenues | Net Income | Net Margin |
| 140.23 | 50.94 | 68.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Prospect Capital. More…
| Operations | Investing | Financing |
| -691.18 | – | 716.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Prospect Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.89k | 3.92k | 9.94 |
Key Ratios Snapshot
Some of the financial key ratios for Prospect Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -11.1% | – | – |
| FCF Margin | ROE | ROA |
| -492.9% | 1.5% | 0.8% |
Analysis
GoodWhale has conducted an extensive analysis of PROSPECT CAPITAL‘s fundamentals for investors. According to our Star Chart, PROSPECT CAPITAL is strong in cashflow and debt, but weak in asset, dividend, growth and profitability. Its health score is an intermediate 6/10, meaning that it should be able to safely ride out any crisis without the risk of bankruptcy. PROSPECT CAPITAL is classified as a ‘cow’, which we believe is a company with a track record of paying out consistent and sustainable dividends. Investors who are looking for stable, reliable income through dividends may find this company particularly attractive. It also may be a good choice for more conservative, risk-averse investors who want to invest in a company with a secure financial standing. More…
Summary
Prospect Capital is a high-yielding dividend stock with a strong history of dividend payments. Over the past three years, the company has averaged 16.59% dividend yields, paying 0.72 USD per share annually. Prospect Capital provides investors with an attractive and reliable income stream, making it an appealing choice for long-term dividend investors. Analyzing the company’s financials, profitability, growth potential and management team can help investors determine if Prospect Capital is the right fit for their portfolio.
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