Prospect Capital Dividend Insights and Market Developments Ahead of Ex-Dividend Date on May 28, 2025

Prospect Capital (PSEC) recently announced a dividend of $0.045 per share, with the ex-dividend date set for May 28, 2025. This announcement was made on May 6, 2025, with the dividend scheduled for payment on Jun 18, 2025. Compared to the average of the last ten dividends, which is approximately $0.106, this dividend is lower. The last dividend payment, made on May 20, 2025, was also $0.045 per share. The type of dividend in both instances is a cash dividend.

Recently, Prospect Capital's stock reached a 52-week low at $3.39, reflecting a significant downturn over the past year with a one-year change of -38.66%. This decline is indicative of ongoing market challenges affecting the company's performance. As of late, Prospect Capital Corporation announced the results of a cash tender offer for any and all of its outstanding 3.706% notes due 2026. This strategic move highlights Prospect Capital's efforts to manage its debt obligations amidst a fluctuating market environment.

Over the past week, Prospect Capital has seen a continued decrease in stock price, losing 6.61 percent over the last month. Analysts indicate that the broader market conditions and internal factors have contributed to this decline. Furthermore, the company's earnings reports suggest results just below its worst-case projections, primarily due to a larger-than-expected decline in the overall portfolio and sustained lower income levels.

In conclusion, Prospect Capital continues to navigate a challenging market landscape marked by declining stock prices and strategic financial maneuvers. Investors interested in capitalizing on the upcoming dividend must note that May 28, 2025, is the ex-dividend date. Purchases made after this date will not be eligible for the dividend payout, emphasizing the critical timing for potential investors.