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Prospect Capital (STU:RK8) Dividend Yield % : 12.85% (As of May. 16, 2024)


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What is Prospect Capital Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Prospect Capital is 12.85%.

Good Sign:

Prospect Capital Corp stock dividend yield is close to 3-year high.

The historical rank and industry rank for Prospect Capital's Dividend Yield % or its related term are showing as below:

STU:RK8' s Dividend Yield % Range Over the Past 10 Years
Min: 7.83   Med: 11.91   Max: 18.8
Current: 12.85

During the past 13 years, the highest Dividend Yield of Prospect Capital was 18.80%. The lowest was 7.83%. And the median was 11.91%.

STU:RK8's Dividend Yield % is ranked better than
92.75% of 1213 companies
in the Asset Management industry
Industry Median: 5.52 vs STU:RK8: 12.85

Prospect Capital's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Prospect Capital Corp is 3.27, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Prospect Capital was 3.45. The lowest was 0.29. And the median was 1.23.

As of today (2024-05-16), the Forward Dividend Yield % of Prospect Capital is 12.94%.

Prospect Capital's Dividends per Share for the three months ended in Mar. 2024 was €0.17.

During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prospect Capital was 61.80% per year. The lowest was -13.60% per year. And the median was -6.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Prospect Capital Dividend Yield % Historical Data

The historical data trend for Prospect Capital's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prospect Capital Dividend Yield % Chart

Prospect Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.14 14.50 8.60 9.72 11.82

Prospect Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.82 11.82 11.72 12.21 13.11

Competitive Comparison of Prospect Capital's Dividend Yield %

For the Asset Management subindustry, Prospect Capital's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Prospect Capital's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prospect Capital's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Prospect Capital's Dividend Yield % falls into.



Prospect Capital Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Prospect Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-04-252024-04-262024-05-21Cash DividendmonthlyUSD:EUR 0.932000
USD 0.0600002024-03-262024-03-272024-04-18Cash DividendmonthlyUSD:EUR 0.920000
USD 0.0600002024-02-262024-02-272024-03-20Cash DividendmonthlyUSD:EUR 0.927000
USD 0.0600002024-01-262024-01-292024-02-20Cash DividendmonthlyUSD:EUR 0.918000
USD 0.0600002023-12-272023-12-272024-01-18Cash DividendmonthlyUSD:EUR 0.917000
USD 0.0600002023-11-272023-11-282023-12-19Cash DividendmonthlyUSD:EUR 0.924000
USD 0.0600002023-10-262023-10-272023-11-20Cash DividendmonthlyUSD:EUR 0.947000
USD 0.0600002023-09-262023-09-272023-10-19Cash DividendmonthlyUSD:EUR 0.937000
USD 0.0600002023-08-282023-08-292023-09-20Cash DividendmonthlyUSD:EUR 0.917000
USD 0.0600002023-07-262023-07-272023-08-22Cash DividendmonthlyUSD:EUR 0.904000
USD 0.0600002023-06-272023-06-282023-07-20Cash DividendmonthlyUSD:EUR 0.923000
USD 0.0600002023-05-252023-05-262023-06-21Cash DividendmonthlyUSD:EUR 0.920000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Prospect Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.66516/5.175
=12.85 %

Current Share Price is €5.175.
Prospect Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.66516.

Prospect Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.67104/5.175
=12.97 %

Current Share Price is €5.175.
Prospect Capital's Dividends per Share for the forward twelve months is calculated as €0.05592 * 12 = €0.67104.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prospect Capital  (STU:RK8) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Prospect Capital Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Prospect Capital's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Prospect Capital (STU:RK8) Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Prospect Capital (STU:RK8) Headlines

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