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.
The World's Greatest Investing Community
A financial services company that lends to and invests in middle market privately-held or thinly traded public companies.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Voting with insiders - CEO, CFO, directors have been buying in past few months (and since 2009 as far as I can see). 14% yield. BDCs are hard to value and you just don't know what is real -- I read David Einhorn's book Fooling Some of the People All the Time and was amazed at the tomfoolery. But insider buying and dividend payouts are tangible things -- you just hope management is not tricking themselves into thinking everything is rosy.
In at $8.72 per share. Their low leverage is huge, and I'm hoping they're taking advantage of their newly authorized share buy-back plan, as they are earning under 13% while paying over 13% in dividends.