Prospect Capital Corporation (PSEC) will trade ex-dividend on December 28, 2021, distributing a monthly dividend of $0.06 per share, payable on January 20, 2022. Based on PSEC’s recent stock price of $8.42, this dividend represents approximately 0.71% of the share price, indicating that PSEC shares are expected to open 0.71% lower on the ex-dividend date.
PSEC’s stock has a 52-week range with a low of $5.37 and a high of $9.25, while the last trade was at $8.43. The annualized estimated yield stands at 8.55%, reflecting the company’s history of dividend payments.
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