24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.

Prospect Capital: High Yield, But With Caveats

04:04pm, Wednesday, 16'th Oct 2024
Prospect Capital Corporation trades at a 40% discount to NAV with a near 14% yield, but market distrust stems from 17% PIK (payment in kind) interest income. Despite a diversified portfolio and strong
NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) closed $764 million of new investments during its fiscal year ended June 30, 2024, investing in
24/7 Wall St. Insights As interest rates fall, ultra-high-yield stocks will grow in popularity.
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) extended and increased total commitments for its revolving credit facility (the “Facility”)
24/7 Wall St. Insights Wall Street is now expecting 25-basis-point rate cuts in November and December.
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced Prospect has surpassed its 20th anniversary as one of the largest ($7.9 billion in to

Prospect Capital: The Yield Is Not Worth The Risk

09:50am, Wednesday, 02'nd Oct 2024
Prospect Capital has consistently failed to generate sufficient cash flow to cover dividends, leading to a significant risk of future dividend cuts. The company's NAV per share has declined substantia
24/7 Wall St. Insights Companies that pay ultra-high-yield dividends are perfect for those seeking passive income.

The Best BDC To Buy For Fed Rate Cuts

07:05am, Thursday, 26'th Sep 2024
The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges wit
Prospect Capital offers a remarkable 13% yield, supported by strong balance sheet quality and a well-performing investment portfolio. The BDC's favorable non-accrual trend and healthy dividend coverag

Insiders Can't Get Enough of These 6 Stocks

09:15am, Sunday, 15'th Sep 2024
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.
24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.
Prospect Capital Corp. is ideal for retirees due to its well-covered monthly dividends, low leverage, and significant discount to NAV. However, PSEC has consistently destroyed shareholder value with n
24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE