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Prospect Capital Announces Monthly Preferred Dividend Rate
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Prospect Capital Announces Monthly Preferred Dividend Rate

Prospect Capital Corp. (PSEC) has released an update to notify the public and investors about a regulation fd disclosure.

On January 25, 2024, the Company decided to distribute dividends to preferred shareholders of A4 and M4 Shares at an annual rate of 7.33586% of the $25 stated value per share. These dividends are to be paid monthly, starting with a record date of February 24, 2024, and a payment date of March 1, 2024, at a rate of $0.152830 per share, subject to adjustments for partial periods. This disclosure is considered furnished information and is not “filed” under the Securities Exchange Act of 1934 nor incorporated by reference into filings under the Securities Act of 1933, unless specifically referenced.

For further insights into PSEC stock, check out TipRanks’ Stock Analysis page.

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