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.
A financial services company that lends to and invests in middle market privately-held or thinly traded public companies.
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Recs
Conservative loan underwriting with large collateral positions and equity provisions makes for a sound loan portfolio. Charter requires large dividend payouts. Very experienced management that has made significant purchases of their own stock make this a go to stock for both yield and potential capital gains.