This company released Q2-2019 financial results recently after the market closed. The BDC reported net investment income that matched expectations but also reported a rather steep NAV drop based on unrealized losses in its portfolio. Shares are now priced at a 24 percent discount to Q2-2019 NAV. An investment in the stock yields 10.5 percent.
Prospect Capital Corp. (PSEC) reported financials for its second fiscal quarter yesterday after the market closed. The business development company covered its dividend with net investment income in the last quarter but also reported a sequential NAV drop. Prospect Capital Corp. makes a moderately attractive value proposition for high-yield investors that seek to capture high, recurring dividend income going forward. An investment in PSEC at today's price yields 10.5 percent.
Source: Seeking Alpha
Related Articles:
- Searching the World For The Best Dividend Stocks
- What's Your Retirement Vision?
- The Most Important Financial Statement When Selecting Dividend Growth Stocks
- Stock Dividends, The Gift of Nothing
- What's More Powerful Than Compound Interest?
Should You Still Buy This 10.5%-Yielding BDC Dividend Dog?
Posted by D4L | Monday, February 25, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.