Looking at the universe of stocks we cover at Dividend Channel, on 2/25/15, Prospect Capital Corporation (NASD: PSEC) will trade ex-dividend, for its monthly dividend of $0.0833, payable on 3/19/15. As a percentage of PSEC's recent stock price of $8.77, this dividend works out to approximately 0.95%, so look for shares of Prospect Capital Corporation to trade 0.95% lower — all else being equal — when PSEC shares open for trading on 2/25/15.
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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 11.40% on annualized basis is a reasonable expectation of annual yield going forward. In general, most investors consider any yield over 7% to be high yield stocks.
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 $11.40 as the 52 week high point — that compares with a last trade of $8.77.
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According to the ETF Finder at ETFChannel.com, PSEC makes up 8.01% of the BDC Income ETF (AMEX: BIZD) which is trading lower by about 0.2% on the day Monday.
In Monday trading, Prospect Capital Corporation shares are currently off about 0.3% on the day.
