Prospect Capital

PSEC

Market cap $1.33B

Prospect Capital Corporation (NASDAQ:PSEC) pays a 21.7% annualized yield by sending shareholders $0.045 per share every month.

Monthly dividend stocks offer something most income investments cannot: a paycheck every single month.

NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash common shareholder distributions for March 2026, April 2026, and May 2026.

Prospect Capital's stock trades at a steep discount to its NAV per share. But its deteriorating portfolio, constant dilution, and high fees justify that discount.

NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.000% Series J Term Preferred Stock Due 2028 (CUSIP: 74274W772; NYSE: PRIFJ) (the “Series J Preferred Shares”) at a price of $25 per Series J Preferred Share, plus accrued but unpaid dividends per Series J Preferred Share from March 31, 2026, to but excluding, the Redemption Date (the “Redemption Price”). The redemption date will be April 24, 2026 (the “Redemption Date”).

Prospect Capital common shares remain unattractive due to persistent NAV declines, a history of dividend cuts, and ongoing dilution from new share issuance. PSEC's Series A Preferreds (PSEC.PR.A) offer an 8.07% current yield, fully covered by net investment income, and trade at a 35% discount to redemption value. The common dividend is not fully covered when accounting for preferreds, while preferred coupon payments are secure. The yields on both reflect higher perceived credit risk in PSEC's portfolio.

NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund's Board of Directors has declared its first quarterly cash “bonus” common shareholder distribution for March 2026.

Prospect Capital ( NASDAQ:PSEC ) is a business development company that lends to middle-market businesses, collecting interest income and passing most of it to shareholders as monthly distributions.

NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared distributions on shares of the Fund's 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).

There are multiple risks for your BDC investments now and three that specifically create risk for certain BDCs. Business development companies offer high yields but carry significant, often misunderstood risks, especially in falling interest rate environments. Volatile interest rates can damage BDC profitability and distributable income, causing dividend cuts and share price declines.