PSEC-A Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Preferred

We will pay quarterly dividends on the Series A Preferred Stock at an annual rate of 5.35% of the $25.00 liquidation preference per share, or $1.3375 per share of Series A Preferred Stock per year, when, as and if authorized by our Board of Directors (the “Board”), and declared by us out of funds legally available therefor, on February 1, May 1, August 1 and November 1 of each year or, if any such day is not a business day, then on the next succeeding business day, commencing on November 1, 2021. At any time after the close of business on July 19, 2026, at our sole option, we may redeem all or a portion of the Series A Preferred Stock at a redemption price per share equal to the Liquidation Preference per share, plus an amount equal to all unpaid dividends on such shares (whether or not earned or declared, but excluding interest thereon) accumulated up to, but excluding, the date fixed for such redemption.  This security was issued by Prospect Capital Corp , whose common stock symbol is PSEC.

$18.47  -0.13 (-0.70%)
As of 06/29/2022 12:01:39 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Asset Management
Index country:  USA
Country of incorporation:  
IPO date:  07/13/2021
Outstanding shares:  6,000,000
Average volume:  11,051
Market cap:   $112,080,000
Current dividend yield:  7.16%    calculation
Coupon rate:    5.350%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   07/19/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      

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