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. As a percentage of PSEC's recent stock price of $8.54, this dividend works out to approximately 0.98%, so look for shares of Prospect Capital Corporation to trade 0.98% lower — all else being equal — when PSEC shares open for trading on 3/27/15.
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Below is a dividend history chart for PSEC, showing historical dividends prior to the most recent $0.0833 declared by Prospect Capital Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSEC is likely to continue, and whether the current estimated yield of 11.71% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of PSEC shares, versus its 200 day moving average:
Looking at the chart above, PSEC's low point in its 52 week range is $8.02 per share, with $11.05 as the 52 week high point — that compares with a last trade of $8.53.
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According to the ETF Finder at ETFChannel.com, PSEC makes up 7.76% of the BDC Income ETF (AMEX: BIZD) which is trading up by about 0.1% on the day Wednesday.
In Wednesday trading, Prospect Capital Corporation shares are currently up about 0.2% on the day.
