Table of Contents

company-logo

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.

Prospect Capital Dividend Announcement

• Prospect Capital announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2025-02-03. Ex dividend date: 2025-01-22
• Prospect Capital's trailing twelve-month (TTM) dividend yield is 15.88%
• Prospect Capital's payout ratio for the trailing twelve months (TTM) is 2965.90%

Prospect Capital Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-01-22$0.33quarterly2025-02-03
2024-10-16$0.33quarterly2024-11-01
2024-07-17$0.33quarterly2024-08-01
2024-04-16$0.33quarterly2024-05-01
2024-01-16$0.33quarterly2024-02-01
2023-10-17$0.33quarterly2023-11-01
2023-07-18$0.33quarterly2023-08-01
2023-04-18$0.33quarterly2023-05-01
2023-01-17$0.33quarterly2023-02-01
2022-10-18$0.33quarterly2022-11-01
2022-07-19$0.33quarterly2022-08-01
2022-04-19$0.33quarterly2022-05-02
2022-01-18$0.33quarterly2022-02-01
2021-10-19$0.38quarterly2021-11-01

Prospect Capital Dividend per year

Prospect Capital Dividend growth

Prospect Capital Dividend Yield

Prospect Capital current trailing twelve-month (TTM) dividend yield is 15.88%. Interested in purchasing Prospect Capital stock? Use our calculator to estimate your expected dividend yield:

Prospect Capital Financial Ratios

P/E ratio156.58
PEG ratio-18.40
P/B ratio0.54
ROE0.27%
Payout ratio2965.90%
Current ratio0.30
Quick ratio0.30
Cash Ratio0.30

Prospect Capital Dividend FAQ

How much is the next Prospect Capital dividend?
Prospect Capital's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Prospect Capital dividend. The next Prospect Capital dividend will be released in January, April, July, or October.
When is Prospect Capital dividend paid?
Prospect Capital pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Prospect Capital pay?
The specific amount of Prospect Capital dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prospect Capital's dividend history.
Does Prospect Capital stock pay dividends?
Yes, Prospect Capital does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prospect Capital's dividend history.
How much dividend does Prospect Capital pay?
Prospect Capital paid $1.338 in 2024, $1.338 in 2023, $1.338 in 2022, $0.383 in 2021, and $0.0 in 2020.
How often does Prospect Capital pay dividends?
Prospect Capital typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Prospect Capital's dividend yield?
The current dividend yield for Prospect Capital is 15.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Prospect Capital's exact dividend yield.
When does Prospect Capital go ex dividend?
Prospect Capital's ex-dividend date for the latest dividend was on 2025-01-22. Prospect Capital typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Prospect Capital dividend paid?
Prospect Capital pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Prospect Capital increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Prospect Capital will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Prospect Capital dividend per share?
Prospect Capital paid $1.338 per share in 2024 and $1.338 per share in 2023. The amount of dividend per share that Prospect Capital pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Prospect Capital a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Prospect Capital a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Prospect Capital a dividend stock?
Yes, Prospect Capital is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prospect Capital a good dividend stock?
Whether Prospect Capital is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Prospect Capital has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prospect Capital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Prospect Capital pay dividends monthly?
Prospect Capital typically pays dividends on a quarterly basis.
Does Prospect Capital pay dividends quarterly?
Prospect Capital currently pays dividends on a quarterly basis.
Has Prospect Capital ever paid a dividend?
Yes, Prospect Capital has a history of paying dividends to its shareholders. Prospect Capital is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prospect Capital dividend stocks?
To buy Prospect Capital you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Prospect Capital stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Prospect Capital pay dividends 2024?
Prospect Capital pays dividends on a quarterly basis. 2024 dividend payments are in 2025-02-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Prospect Capital increase its dividend in 2024?
Decisions regarding Prospect Capital dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Prospect Capital dividend overview you can look into the above table of dividend history.
How Prospect Capital dividend works?
The Prospect Capital dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Prospect Capital's dividend process works:

1. Determination of Dividend: Prospect Capital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Prospect Capital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Prospect Capital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Prospect Capital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Prospect Capital dividends paid?
Prospect Capital dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Prospect Capital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Prospect Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Prospect Capital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Prospect Capital pay dividends?
Prospect Capital typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Prospect Capital pay dividends?
The general pattern is that Prospect Capital pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Prospect Capital dividend safe?
The safety of Prospect Capital's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Prospect Capital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Prospect Capital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.