earnings
confidence high
sentiment neutral
materiality 0.60
Prospect Capital Q2 NII $0.23/sh, NAV $9.94, declares $0.06 monthly distribution
PROSPECT CAPITAL CORP
2023-Q2 EPS reported
-$0.13
- Net investment income $106.7M ($0.23 basic per share) vs $85.6M ($0.20) a year ago.
- NAV per common share fell to $9.94 from $10.01 prior quarter and $10.60 year ago.
- Monthly common distribution maintained at $0.06 per share; 66th consecutive payment.
- Portfolio annualized current yield improved to 10.3% from 9.9%; non-accrual loans 0.5% of assets.
- Preferred stock outstanding ~$1.4B; over $1.2B issued under 5.50% and 6.50% perpetual programs.