Headquartered in New York, NY Fiscal year ends June NASDAQ: PSEC prospectstreet.com
Prospect Capital Corporation (NASDAQ: PSEC) is a business development company (BDC) that primarily lends to and invests in middle market privately-held companies in the United States. The company's investment objective is to generate both current income and long-term capital appreciation through senior secured first and second lien loans, equity and equity-linked investments, and real estate holdings via its subsidiary National Property REIT Corp. (NPRC). Prospect focuses on companies with annual revenues under $750 million and enterprise values under $1 billion, typically making senior secured loans of less than $250 million. The company originates investments through long-term relationships with private equity sponsors, independent sponsors, financial intermediaries, and management teams. Prospect has elected to be treated as a regulated investment company under the Internal Revenue Code and as a BDC under the Investment Company Act of 1940. Since its 2004 IPO through June 30, 2026, Prospect has invested approximately $23 billion across more than 450 investments. As of June 30, 2026, the portfolio included 91 companies across 31 industries, with 72.5% in first lien debt and 84.4% in total senior and secured debt at cost. The NPRC real estate portfolio comprised 52 multifamily and other occupied properties representing 14.2% of investments at cost. Senior management and employees own 26.7% of all common shares outstanding. Updated
Keurig Dr Pepper is sending shareholders about $313 million, 23 cents a share, on October 9, the biggest cash payment of today's group. Kanzhun follows with roughly $195 million, and you have to own the shares today to collect.
Expedia is sending shareholders about $55 million, at 48 cents a share, with the money arriving September 17. Prospect Capital, Solstice Advanced Materials, Kamada and Embecta are paying out today's group too. You need to own the shares today to get paid.
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Prospect Capital Corporation (NASDAQ: PSEC) is a business development company (BDC) that primarily lends to and invests in middle market privately-held companies in the United States.
The Wall Street consensus 12-month price target for PSEC is $2.00.
