If you've been following this column, you'd know that monthly dividend stocks tend to come from two main types of businesses: real estate and lending. One such example of a monthly paying dividend stock is Prospect Capital Corporation. 7 shares with a high yield of monthly dividends for ... How Do Monthly Dividend Stocks Work? Prospect Capital Reports $0.26 of Net Income per Share in June Quarter, up 24% Year Over Year finance.yahoo.com - September 12 at 11:19 PM: Prospect Capital Corporation: Monthly Dividend Stock Now Yields 9% incomeinvestors.com - September 7 at 4:49 PM: Prospect Capital: 9% Yield, 18% Discount, Monthly Payer seekingalpha.com - August 29 at 9:40 AM Prospect Capital Corp. is listed as: . That's far, far below the 90% threshold I like to see. Prospect Capital Corp's market cap is $ 3,146,993,760 and has a . The ex-dividend date is Tuesday, April 26th. Prospect Capital Corporation is a leading publicly-traded Business Development Company ("BDC"). Prospect Capital Corp - 5.35% PRF PERPETUAL USD 25 - Ser A [REPORT] PSECV vs Benchmark, Mar 2022 Dividend policy Inactive Price as of: JUL 22, 05:00 PM EDT Not trading Dividend (Fwd) $0.00 3 Prospect Capital Corporation. Prospect Capital (NASDAQ:PSEC) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $0.17 by 64.71 percent. Dividend yield: 8.81%. Prospect Capital Corporation is what's known as a business development company (BDC). This . Declared Date. how often does main pay dividends Blog. Prospect Capital Co. (NASDAQ:PSEC) announced a monthly dividend on Thursday, February 10th, Wall Street Journal reports. On February 22, Prospect Capital Corporation (NASDAQ:PSEC) declared a $0.06 per share monthly dividend, in line with previous. Stock Market News. 11.19%. Dividend yield: 8.81%. ARMOUR Residential REIT, Inc. (NYSE:ARR) declared on February 15 a $0.10 per share monthly dividend, in line with previous. The dividend will be distributed on March 22, for shareholders of . Prospect Capital Is an Affordable Dividend Cash Machine Hence, its function is to invest via debt and equity investments in the U.S. middle market in a variety of industries. Monthly dividend stocks attract . PSEC Fund Summary. At the end of June, 11 hedge funds in Insider Monkey's database were long Prospect Capital . You can find more details by going to one of the sections under this page such as ex-date, dividend and . (Source: "Dividends," Prospect Capital Corporation, last accessed August 6, 2018.) The company has been paying investors a monthly dividend of $0.06 per share since October 2017. Dividend yield: 10.2% BRMK shares are a mortgage REIT, but with a unique turnaround. The company offers an 8.22% yield as . 10 East 40th Street, 42nd Floor New York, NY 10016 (212) 448-0702 Prospect Capital could cut the dividend in half and it would still be a very attractive 9%. Prospect Capital Corporation (NASDAQ:PSEC) declared a $0.06 per share monthly dividend on February 22, in line with previous. Prospect Capital Corporation or PSEC specializes in business development and business expansion for middle market, mature, mezzanine finance, later stage and emerging growth companies, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnarounds, growth capital, development, and capital expenditures. Prospect Capital ( PSEC) is an income-investor favorite because it offers an outsized 11.6% dividend yield, paid monthly. Prospect Capital for December 2021 Results Announces $0.22 per Share of Net Investment Income, 4.7% Increase in Net Asset Value per Common Share, and Monthly Stable $0.06 per Common Share . Payout Date. Is Prospect Capital's dividend growing? L ooking at the universe of stocks we cover at Dividend Channel, on 1/26/22, Prospect Capital Corporation (Symbol: PSEC) will trade ex-dividend, for its monthly dividend of $0.06, payable on. As far as monthly dividend stocks go, Main Street's regular payout works out to a respectable 5.6%, and this does not include the special dividends. These dividend stocks offer reliable income in an uncertain market. Dividend Summary The next Prospect Capital Corp dividend went ex 21 days ago for 6c and will be paid in 6 days . However, we believe Prospect is considerably less attractive than it was . 2022-07-22. Market value: $3.5 billion; Dividend yield: 8.0%; For another high-yielding, monthly-paying BDC, consider the shares of Prospect Capital (PSEC). Considering its high debt load, its likelihood of reduced net investment income and its tendency to lower the dividend when times get tough . Prospect Capital Corporation has declared 157 consecutive dividends, totaling more than $3.4 billion. #1. Monthly Dividends Paid Like Clockwork Since 2004 Prospect Capital Corporation's diverse portfolio helps generate a lot of cash flow, which helps fuel its monthly dividends. At the beginning of this year, PSEC stock was trading at $6.48 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.80%. Keep reading for more info on the best monthly dividend stocks. The stock currently comes with a monthly dividend of $0.06 per share, which equals an annual yield of 18%. 6201 15th Avenue, Brooklyn, New York 11219. Prospect Capital Corporation. Looking at the universe of stocks we cover at Dividend Channel, on 12/28/21, Prospect Capital Corporation (Symbol: PSEC) will trade ex-dividend, for its monthly dividend of $0.06, payable on 1/20/22. On November 8, Prospect Capital Corporation (NASDAQ:PSEC) declared a $0.06 dividend per share, to be paid monthly on December 23, January 20, and February 17. That gives it an annual yield of just over nine percent. The information on dividends paid by Prospect Capital Corporation ("Prospect") are set forth below. 5. (NASDAQ:PSEC) announced on Monday that it would pay shareholders a monthly dividend of $0.06 per share. Prospect actually pays monthly dividends, giving its shareholders a steady and predictable passive income stream which is highly appealing for income investors. Hence, its function is to invest via debt and equity investments in the U.S. middle market in a variety of industries. Prospect Capital's next monthly dividend payment of $0.06 per share will be made to shareholders on Tuesday, March 22, 2022. Cash Amount. Forward Dividend Yield: 14.04%. For tax purposes, Prospect is a regulated investment company ("RIC") and is designating the types of distributions you have received as a stockholder in in accordance with Subchapter M of the Internal Revenue Code of 1986, as amended ("IRC"), in the following manner: Looking at the universe of stocks we cover at Dividend Channel, on 3/27/15, Prospect Capital Corporation (NASD: PSEC) will trade ex-dividend, for its monthly dividend of $0.0833, payable on 4/23/15. Average Annual Dividend Yield. Best Sector Dividend Stocks . Investors who rely on yield for consident monthly income should consider buying shares of these four monthly dividend stocks. The previous Prospect Capital Corp dividend was 6c and it went ex 2 months ago and it was paid 27 days ago . Looking at the universe of stocks we cover at Dividend Channel, on 12/28/16, Prospect Capital Corporation (NASD: PSEC) will trade ex-dividend, for its monthly dividend of $0.0833, payable on. 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