$PSEC·8-K

PROSPECT CAPITAL CORP · May 7, 5:00 PM ET

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PROSPECT CAPITAL CORP 8-K

Research Summary

AI-generated summary

Updated

Prospect Capital Corp Reports Q1 2026 Results, Declares Monthly Dividends

What Happened

  • On May 7, 2026 Prospect Capital Corp (PSEC) issued a press release (included as Exhibit 99.1 to the Form 8‑K) announcing its financial results for the fiscal quarter ended March 31, 2026. The same release disclosed the company’s dividend and distribution declarations for common shares and several series of preferred stock.
  • The filing was made under Item 2.02 (results of operations and financial condition) and Item 7.01 (Regulation FD disclosure of dividend/declaration information).

Key Details

  • Common share monthly distribution: $0.0350 per share with these record/payment dates:
    • May 2026: Record 5/27/2026, Pay 6/18/2026
    • June 2026: Record 6/26/2026, Pay 7/22/2026
    • July 2026: Record 7/29/2026, Pay 8/20/2026
    • August 2026: Record 8/27/2026, Pay 9/17/2026
  • 7.50% Preferred (stated value $25): monthly $0.156250 — Record/Payment:
    • June: Record 6/18/2026, Pay 7/1/2026
    • July: Record 7/22/2026, Pay 8/3/2026
    • August: Record 8/19/2026, Pay 9/1/2026
  • Floating Rate Preferred (annualized 6.50%, $25 stated): monthly $0.135417 — same record/payment schedule as the 7.50% series above.
  • 5.50% Preferred (stated $25): monthly $0.114583 — same record/payment schedule as above.
  • 6.50% Preferred (stated $25): monthly $0.135417 — same record/payment schedule as above.
  • 5.35% Preferred (quarterly): for May–July 2026 — Amount $0.334375 per share; Record 7/22/2026, Pay 8/3/2026.
  • The press release contains the detailed Q1 2026 financial results; the 8‑K itself references that release as Exhibit 99.1.

Why It Matters

  • The company disclosed its quarterly financial results and confirmed ongoing cash distributions: a steady monthly common dividend ($0.035/share) and scheduled payments across multiple preferred series. For income-focused retail investors, these declared amounts and dates are the most immediately actionable items.
  • The filing signals continued distribution policy activity (common and several preferred classes) and provides the official dates investors need for record and payment timing; investors should review the referenced press release (Exhibit 99.1) for the full earnings details and any additional financial metrics.

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