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Market Impact: 0.05

Retirees Are Asking If PSEC's Monthly Income Is Safe After That 25% Dividend Cut

PSEC
Company FundamentalsCapital Returns (Dividends / Buybacks)Credit & Bond Markets

Prospect Capital (NASDAQ:PSEC) is a business development company that lends to middle-market businesses and earns interest income. It passes most of that interest through to shareholders as monthly distributions.

Analysis

Prospect Capital (NASDAQ:PSEC) is a business development company that lends to middle-market businesses and earns interest income. It passes most of that interest through to shareholders as monthly distributions.

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