PROSPECT CAPITAL CORP 8-K
Research Summary
AI-generated summary
Prospect Capital Corp Reports Quarter Results for Period Ended Dec 31, 2025
What Happened
Prospect Capital Corp (PSEC) issued a press release on February 9, 2026 (included as Exhibit 99.1 to the 8-K) announcing its financial results for the fiscal quarter ended December 31, 2025 and declaring regular cash distributions to common and several series of preferred shareholders. The press release sets specific record and payment dates for the declared distributions covering February–May 2026 payment periods.
Key Details
- Common shares: monthly distribution of $0.0450 per share with record/payment dates: Feb 25/Mar 19/2026, Mar 27/Apr 21/2026, Apr 28/May 19/2026.
- 7.50% Preferred (stated value $25): monthly $0.156250 per share; record dates Mar 18/Apr 21/May 20/2026; payment dates Apr 1/May 1/June 1/2026 (amount = 7.50% annual on $25 ÷ 12).
- Floating Rate Preferred (annualized 6.50% on $25): monthly $0.135417 per share; record dates Mar 18/Apr 21/May 20/2026; payment dates Apr 1/May 1/June 1/2026.
- 5.50% Preferred (stated value $25): monthly $0.114583 per share; same record/payment cadence as other monthlies.
- 6.50% Preferred: monthly $0.135417 per share; same record/payment cadence as other monthlies.
- 5.35% Preferred (quarterly): distribution of $0.334375 per share for Feb–Apr 2026; record date Apr 21, 2026; payment date May 1, 2026 (amount = 5.35% annual on $25 ÷ 4).
Why It Matters
The 8-K confirms distributions and payment timing that matter directly to income-focused investors: common shareholders will receive the announced $0.045/month payments, while multiple preferred classes receive fixed or floating monthly/quarterly payments tied to stated annual rates on a $25 par value. The press release also contains the company’s quarter results (not detailed in the 8-K text); investors should review Exhibit 99.1 for the full financial metrics and any commentary on portfolio performance, income, or capital activity.
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