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?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
It’s no secret that most investors who buy high-yield stocks are looking for income. But every once in a while, yield hunters may come acros...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. Why Growth-Focused Di...
-
Not all stocks that pay high dividends are too good to be true. In fact, some stocks with high yields have lots of room to grow, or they tra...
-
After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances sinc...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on...
-
Finding great dividend stocks isn't always about searching out the highest dividend yield. Often, especially for retirees seeking a mixt...
0 comments
Post a Comment
Post a Comment