Prospect Capital Corp (NASDAQ:PSEC)
CAPS Rating:
A financial services company that lends to and invests in middle market privately-held or thinly traded public companies.
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A financial services company that lends to and invests in middle market privately-held or thinly traded public companies.
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Its ability to pay a handsome dividend will increase with time. It pays a fat dividend now, but it will get better over time. Its yield should drop as its price goes up with new assets coming on line.