Prospect Capital Corporation
PSECFinancial Services · Stock · monthly payer
$2.28
Add to PortfolioForward Yield
21.88%
Annual Dividend
$0.50
Payout Ratio
212%
5-Yr Growth
-5.6%
Ex-Date
Jun 26, 2026
Frequency
Monthly
PSEC Dividend Safety Score
41/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage212% of earnings paid out
Free-cash-flow coverage123% of free cash flow
Balance-sheet strengthDebt/equity of 0.38
Yield vs its historyYield is 1.8× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PSEC a good dividend stock?
Higher riskProspect Capital Corporation (PSEC) pays a monthly dividend yielding 21.88% ($0.50/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (212%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 21.88%
- Payout Ratio
- 212%
- Annual Dividend
- $0.50
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.77
- Market Cap
- $1.1B
- P/E Ratio
- —
- 5-Yr Total Return
- -73%
- 52-Week Range
- $2.11 – $3.50
- Dividend Safety
- D · 41/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 27, 2026 | — | $0.0350 | regular |
| Apr 28, 2026 | — | $0.0450 | regular |
| Mar 27, 2026 | — | $0.0450 | regular |
| Feb 25, 2026 | — | $0.0450 | regular |
| Jan 28, 2026 | — | $0.0450 | regular |
| Dec 29, 2025 | — | $0.0450 | regular |
| Nov 25, 2025 | — | $0.0450 | regular |
| Oct 29, 2025 | — | $0.0450 | regular |
| Sep 26, 2025 | — | $0.0450 | regular |
| Aug 27, 2025 | — | $0.0450 | regular |
| Jul 29, 2025 | — | $0.0450 | regular |
| Jun 26, 2025 | — | $0.0450 | regular |
| May 28, 2025 | — | $0.0450 | regular |
| Apr 28, 2025 | — | $0.0450 | regular |
Income Calculator
At $0.50 / yr per share
Per payment (monthly)$4.17
Annual$50.00
Monthly avg$4.17
