Prospect Capital (NASDAQ:PSEC) had declared $0.06/share monthly dividend, in line with previous.Payable Oct. 20; for shareholders of record Sept. 28; ex-div Sept.
Currently, Prospect Capital Corporation’s (PSEC) stock is trading at $6.73, marking a fall of -2.32% from last night’s close. At this price, the stock is -25.72% below its 52-week high of $9.06 and 1.05% above its 52-week low of $6.66. Based on the past 30-day period, the stock price is -16.38% below the high and […]
In recent trading session, Prospect Capital Corporation (NASDAQ:PSEC) saw 1.11 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $6.97 trading at -$0.2 or -2.79% at last check today assigns it a market valuation of $2.83B. That most recent trading price of PSEC’s … Prospect Capital Corporation (NASDAQ:PSEC) -2.85% Down Over The Last Seven Days. Can The Stock Hit Well Above -$0.39? Read More »
Monday marks the last chance for investors to receive the next dividend payout from Prospect Capital (NASDAQ: PSEC ). What''s Happening The company announced on Monday that it would pay shareholders a monthly dividend of 6 cents per share. On Tuesday, Prospect Capital will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the … Full story available on Benzinga.com
Prospect Capital''s (NASDAQ: PSEC ) short percent of float has risen 8.03% since its last report. The company recently reported that it has 7.71 million shares sold short , which is 2.69% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.1 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com
Prospect Capital’s portfolio is well-performing (right now). The BDC’s portfolio health remained solid in the last quarter, and non-accruals remained low. Read more here.
In the current trading session, Prospect Capital Corporation’s (PSEC) stock is trading at the price of $7.35, a fall of -1.76% over last night’s close. So, the stock is trading at a price that is -18.89% less than its 52-week high of $9.06 and 10.34% better than its 52-week low of $6.66. Based on the […]
A-Mark Precious Metals (AMRK) was leading financials losers after reporting an FQ4 revenue miss.Revenue of $2.09B (-4.1% Y/Y) misses by $70M
A-Mark Precious Metals Inc. (NASDAQ:AMRK) traded at $30.51 at last check on Wednesday, August 31, made a downward move of -13.57% on its previous day’s price. Looking at the stock we see that its previous close was $35.30 and the beta (5Y monthly) reads -0.29 with the day’s price range being $35.06 – $37.26. The … A-Mark Precious Metals Inc.’s Stock Price Soared Recently, But There Might Be Trouble Ahead Read More »
A-Mark Precious Metals Inc. (AMRK)’s stock is trading at $30.24 at the moment marking a fall of -14.33% from the last session close. As of this writing, shares are priced at -32.19% less than their 52-week high of $44.60, and 30.14% over their 52-week low of $23.24. Based on the past 30-day period, the stock […]
Gainers: Sentage Holdings SNTG +19%. Argo Blockchain (ARBK) +11%. Losers: A-Mark Precious Metals (AMRK) -11%.
A-Mark press release (AMRK): Q4 GAAP EPS of $1.52 beats by $0.25.Revenue of $2.09B (-4.1% Y/Y) misses by $70M.Direct-to-Consumer new customers for the three months ended June 30,…
A-Mark Precious Metals (NASDAQ: AMRK ) is set to give its latest quarterly earnings report on Tuesday, 2022-08-30. Here''s what investors need to know before the announcement. Analysts estimate that A-Mark Precious Metals will report an earnings per share (EPS) of $1.27. A-Mark Precious Metals bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, … Full story available on Benzinga.com
Investment management company Kingdom Capital Advisor released its second quarter, 2022 investor letter recently. A copy of the same can be downloaded here. At the end of the second quarter, the fund returned -11.32% net of fees compared to -16% for the S&P Index and -17% for the Russell Index. Year-to-date, the fund returned 16.9% […]
A-Mark Precious Metals has significantly increased its volumetric revenue and customer base through strategic synergetic acquisitions.
These are the six best dividend stocks for retirement purposes. They have consistent and high yields and their dividends are well-covered by earnings. Moreover, more often than not, these stocks have higher yields than their average dividend yield over the past several years. That makes them more valuable. Click to Enlarge Source: Mark R. Hake, CFA For example, if the stock rises from here, its yields will fall toward the average historical yield. So their high yields act are tethered to their historical average. The average price-to-earnings (P/E) multiple of this group is 7.8x earnings. Moreover, their average dividend yield is 6.70%. 7 Blue-Chip Stocks to Buy on the Dip Let’s dive in and look at these now. Ticker Company Recent Price OCSL Oaktree Specialty Lending Corp $6.81 NRG NRG Energy $36.10 LYB LyondellBasell Industries $87.62 F Ford $12.78 PSEC Prospect Capital $7.41 BDN Brandywine Realty Trust $9.12 Oaktree Specialty Lending Corp (OCSC) Oaktree Specialty Lending Corp (NASDAQ: OCSL ) is a business development company that lends out money to middle-market companies.
I am writing today about deeply undervalued dividend stocks that have dividend yields over 5%. And not only are those yields juicy, but they’re also above the stocks’ historical yield average. As a result, we can assess their potential value by dividing their present dividend rate by the average historical yield. That gives us a potential price target, assuming the stock rises to the price where it has a lower yield. For example, the average upside for each of these stocks is over 28%. Click to Enlarge Source: Mark R. Hake, CFA This is a result of comparing their long-term four-year average yields to their present yield Moreover, as the chart on the right shows, the dividend yield average is 7.6%. On top of that, the average price-to-earnings multiple is only 6.9x. That shows that this list of undervalued dividend stocks is truly worth buying. 7 Seriously Undervalued Tech Stocks to Buy Now Let’s dive in and look at the picks. VZ Verizon Communications $44.76 MDC MDC Holdings $36.43 OCSL Oaktree Special Lending Corp $6.74 LYB LyondellBasell Industries $87.53 RTL The Necessity Retail REIT $7.73 BDN Brandywine Realty Trust $9.53 Verizon Communications (VZ) Source: Tada Images / Shutterstock.com Yield: 5.7% Verizon Communications (NYSE: VZ ) is in the process of ramping up its 5G investments, which uses a lot of its operating cash flow.
High-yield dividend stocks make stock investing sound like a boring but in many cases highly lucrative business. Here is nothing wrong with that. The economic conditions have changed in 2022 and there are some signs the U.S. economy may slow down and even face soon a recession. The secret to successful stock investing is to be always vigilant, flexible, and ready to change the investment strategy not by reading what some social media forums say but according to facts and data. Even if you only consider yourself as an active investor, receiving frequent passive income does not look bad. When this regular passive income is also very attractive, enough to beat inflation in most cases and pay bills or fund some of your aspirations then high-dividend stocks deserve a place in your stock portfolio. 7 REITs to Buy for a Bear Market Nobody should complain about getting lazily and passively additional income. Here are the top seven high-yield dividend stocks to buy in July. WLKP Westlake Chemical Partners $24.85 OCSL Oaktree Specialty Lending $6.55 PFLT PennantPark Floating Rate Capital $11.43 OHI Omega Healthcare Investors $28.3 OKE ONEOK $55.07 BBDC Barings BDC $9.31 ET Energy Transfer LP $9.93 Westlake Chemical Partners (WLKP) Source: Shutterstock Westlake Chemical Partners (NYSE: WLKP ) operates “ three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana, with an annual capacity of approximately 3.7 billion pounds and a 200-mile ethylene pipeline.” The forward dividend yield is 7.44% and the 1-year target estimate is $42.71 which could mean a further upside potential of 82%.
Oaktree Specialty Lending has a very convincing dividend growth record. Diversified, safety-first debt portfolio produces downside protection. Read more here.
Prospect Capital Corporation (PSEC)’s stock has witnessed a price declined of -0.99% from the previous close with its current price standing at $7.02. Its current price is -22.52% under its 52-week high of $9.06 and 5.41% more than its 52-week low of $6.66. Based on the past 30-day period, the stock price is -10.47% below … Is Prospect Capital Corporation (NASDAQ:PSEC) stock a better investment at this time? Read More »
One of the main concerns for investors right now is whether to fight the trend or not while the ongoing bear market continues. Rallies like the one on June 21 prove that even in a bear market, stocks can still trend higher. Buying cheap stocks that are still high quality and holding them for the long-term is an investment strategy worth considering. By doing that, you’re fighting the overall stock market downtrend, but you avoid relying too heavily on technical analysis. In a selloff, expensive stocks do not become buys — they just get less expensive. 7 Retirement Stocks to Buy in Unexpected Sectors The following three stocks are bargains now, and they have solid fundamentals. They can provide good risk-adjusted returns over time, ignoring the current stock market’s intense fluctuations. Let’s have a closer look at these stocks to buy and see what makes them worthwhile. SNEX StoneX Group $74.82 GNW Genworth Financial $3.62 PSEC Prospect Capital Corporation $7.13 StoneX Group (SNEX) Source: Ruslan Ivantsov / Shutterstock.com StoneX Group (NASDAQ: SNEX ) is a financial services network that connects investors and companies to worldwide markets, including foreign securities and commodities.
Prospect Capital''s portfolio is currently performing well in terms of non-accruals. Would a recession result in another dividend cut? Click here to find out.
Prospect Capital Corp (PSEC) shares closed today at 1.8% above its 52 week low of $6.66, giving the company a market cap of $2B. The stock is currently down 17.6% year-to-date, down 18.0% over the past 12 months, and up 41.9% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the S&P 500 fell 8.7%. Trading Activity Trading volume this week was 89.4% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 1732.1% The company's stock price performance over the past 12 months lags the peer average by -381.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
These six dividend stocks are very attractive because they have yields of over 5%. But they are also good investments, as the companies earn more on a monthly yield basis than the dividends they pay out to shareholders. This latter point is very important. Often business development companies, which are a mix of a lender to small companies and a private equity firm, pay dividends that they cannot afford. In fact, they end up calling these “distributions” rather than dividends, since the amount that they can’t afford is actually a return of capital (ROC). In the end, high-yield ROC stocks tend to fall in price. This is because you can’t fool the market. It knows that a company’s cash flow or weighted-average yield does not cover the dividend payments. The stocks on our list don’t have this problem, and this makes their stock price performance more secure. 7 Nasdaq Stocks to Buy and Hold Forever Let’s dive in and look at these dividend stocks. GLAD Gladstone Capital $10.40 PSEC Prospect Capital $7.21 NMFC New Mountain Finance $12.17 VZ Verizon $49.64 T AT&T $19.90 BCE BCE $51.49 Gladstone Capital (GLAD) Source: Shutterstock Dividend Yield: 7.3% Gladstone Capital (NASDAQ: GLAD ) is a business development corporation (BDC), which is sort of like a bank that makes loans to companies.
Prospect Capital (PSEC) has increased the size of its ongoing offering of non-traded preferred stock to $1.5B from $1.0B
Monthly dividend stocks have been a reliable form of investment for decades. Dividends provide stability, growth, and long-term value for investors who buy dividend-yielding stocks. Gladstone Commercial ( GOOD ): Buys properties that provide short-term growth opportunities to its customers. The company’s portfolio consists of 129 properties across 27 states as of 2021. AGNC Investment ( AGNC ): Deals in mortgage-backed securities and other real estate-related assets. Prospect Capital ( PSEC ): Offers different packages and services for business owners. It also caters to entrepreneurs, offering loans and high-interest rates and acquisition opportunities. LTC Properties ( LTC ): Has been around for a long time, and it invests heavily in both the housing and healthcare industries. Broadmark Realty Capital ( BRMK ): Concentrates on providing high-quality services for investors and developers. Source: iQoncept/shutterstock.com Monthly dividend stocks are a type of stock provided by companies that typically have reliable business models and generate enough cash flow to pay out dividends.
NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (Prospect, our, or we) announced today the pricing of an underwritten public offering of 6 million shares, or $150 million in aggregate liquidation preference, of newly designated 5.35 % Series A Fixed Rate Cumulative Perpetual Preferred Stock (Series A Preferred Stock) at a public offering price of $25.00 per share. In addition, Prospect has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Series A Preferred Stock solely to cover over-allotments. This offering is expected to close on July 19, 2021, subject to customary closing conditions.
Business Development Company Prospect Capital (PSEC) has announced a new issuance of preferred stock. Prospect has 2 issues of baby bonds outstanding at the current time with 1 currently callable and the other becoming callable in December. The company has NOT announced the intention to call these issuesalthough certainly they could do so. These shares Continue reading "BDC Prospect Capital Announces New Preferred Issue" The post BDC Prospect Capital Announces New Preferred Issue first appeared on Innovative Income Investor .
NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (Prospect) announced today that Prospect has funded a $55 million first lien senior secured floating rate term loan to support the acquisition of Enseo Holdings, Inc. (Enseo) by an affiliate of H.I.G. Capital, LLC (H.I.G.).
Announcement of Periodic Review: Moody''s announces completion of a periodic review of ratings of Prospect Capital Corporation Vollständigen Artikel bei Moodys lesen
NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (Prospect, our, or we) announced today that Prospects preferred stock offering of Series A1, M1, M2, and A2 (the Preferred Stock) cumulatively has issued $105.9 million in aggregate preference amount since the initial closing in the quarter ending December 31, 2020.
Prospect Capital Corp (PSEC) shares closed today at 0.5% below its 52 week high of $8.53, giving the company a market cap of $3B. The stock is currently up 63.3% year-to-date, up 86.9% over the past 12 months, and up 98.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 13.0% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 147.6% The company's stock price performance over the past 12 months beats the peer average by 48.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Updated on May 28th, 2021 by Bob Ciura Business Development Companies or BDCs, for short allow investors to generate income with the potential for robust total returns, while minimizing the amount of tax that is paid at the corporate level. Despite these advantages, business development companies are generally avoided by investors. This may [] The post Monthly Dividend Stock In Focus: Prospect Capital appeared first on Sure Dividend .
Prospect Capital Corp (PSEC) shares closed today at 0.7% below its 52 week high of $8.35, giving the company a market cap of $3B. The stock is currently up 58.3% year-to-date, up 82.8% over the past 12 months, and up 97.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.4%, and the S&P 500 fell 0.4%. Trading Activity Trading volume this week was 12.1% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.3. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 144.3% The company's stock price performance over the past 12 months beats the peer average by 16.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect", "our", or "we") announced today the pricing of $300 million in aggregate principal amount of 3.364% notes due 2026 (the "Notes").
Rating Action: Moody''s assigns a Baa3 rating to Prospect Capital''s senior notes due 2026 Read the full article at Moody''s
Prospect Capital Corp (PSEC) shares closed today at 2.0% below its 52 week high of $8.20, giving the company a market cap of $3B. The stock is currently up 49.5% year-to-date, up 108.8% over the past 12 months, and up 83.3% over the past five years. This week, the Dow Jones Industrial Average fell 1.5%, and the S&P 500 fell 2.1%. Trading Activity Trading volume this week was 26.7% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 1.6% higher than its 5-day moving average, 0.1% lower than its 20-day moving average, and 9.9% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 105.6% The company's stock price performance over the past 12 months beats the peer average by 30.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Raymond James analyst Robert Dodd maintained a Sell rating on Prospect Capital (PSEC) today. The companys shares closed last Tuesday at $8. The post Raymond James Sticks to Their Sell Rating for Prospect Capital (PSEC) appeared first on Smarter Analyst .
Prospect Capital (NASDAQ:PSEC) announced its quarterly earnings results on Sunday. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks consensus estimate of $0.17 by $0.02, MarketWatch Earnings reports. Prospect Capital had a return on equity of 8.16% and a net margin of 22.08%. PSEC stock traded down $0.06 []
Prospect Capital Corp shares closed 0.5% higher than its previous 52 week high, giving the company a market cap of $3B. The stock is currently up 54.9% year-to-date, up 114.2% over the past 12 months, and up 93.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 rose 0.3%. Trading Activity Trading volume this week was 4.3% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.4. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 1967.6% The company's stock price performance over the past 12 months beats the peer average by 704.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Prospect Capital announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $325 million in aggregate principal amount of 3.706% notes due 2026 (the “Notes”). The Notes will mature on January 22, 2026 and may be redeemed in whole or in part at any time… Read More »Prospect Capital Corporation Announces Pricing of $325 Million of 3.706% Notes due 2026
NEW YORK, Dec. 28, 2020 (GLOBE NEWSWIRE) — Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $20,000,000 aggregate principal amount of outstanding 6.375% Convertible Notes due 2025 (the “Notes”). The Tender Offer will expire at 12:00 midnight, New York City time,… Read More »Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 6.375% Convertible Notes due 2025
NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (Nasdaq: PSEC) (the “Company”) announced today that its annual meeting of…
NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) — Prospect Capital Corporation (the “Company”) today announced that it has commenced two separate cash tender offers (each a “Tender Offer” and collectively, the “Tender Offers”) to purchase (i) up to $30,000,000 aggregate principal amount of outstanding 5.875% Senior Notes due 2023 (the “2023 Notes”), and (ii) up… Read More »Prospect Capital Corporation Announces Launch of Cash Tender Offers For its Outstanding 5.875% Senior Notes due 2023 and 6.375% Notes due 2024
Prospect Capital (NASDAQ:PSEC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Saturday, Zacks.com reports. The firm currently has a $5.75 price target on the financial services provider’s stock. Zacks Investment Research‘s price objective would indicate a potential upside of 11.22% from the stock’s […]
Prospect Capital (NASDAQ:PSEC) starts a tender offer to repurchase any and all of its outstanding $222.79M of 4.95% senior convertible notes due 2022. The