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Prospect Capital Corp. (NASDAQ:PSEC) declared a monthly dividend on Tuesday, February 4th, Analyst Ratings.Net reports. Shareholders of record on Thursday, July 31st will be given a dividend of 0.1105 per share on Thursday, August 21st. This represents a $1.33 dividend on an annualized basis and a yield of 11.98%. The ex-dividend date of this dividend is Tuesday, July 29th. This is a positive change from Prospect Capital Corp.’s previous monthly dividend of $0.11.

Several analysts have recently commented on the stock. Analysts at Wunderlich upgraded shares of Prospect Capital Corp. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday. They now have a $12.00 price target on the stock. On the ratings front, analysts at MLV Capital initiated coverage on shares of Prospect Capital Corp. in a research note to investors on Tuesday, January 21st. They set a “buy” rating and a $12.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Prospect Capital Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $11.50 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.93.

Prospect Capital Corp. (NASDAQ:PSEC) traded up 3.17% on Tuesday, hitting $11.07. The stock had a trading volume of 5,756,725 shares. Prospect Capital Corp. has a 1-year low of $10.05 and a 1-year high of $11.62. The stock’s 50-day moving average is $11.19 and its 200-day moving average is $11.20. The company has a market cap of $3.065 billion and a P/E ratio of 9.77.

Prospect Capital Corp. (NASDAQ:PSEC) last released its earnings data on Monday, February 3rd. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by $0.02. The company had revenue of $147.00 million for the quarter, compared to the consensus estimate of $170.54 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Analysts expect that Prospect Capital Corp. will post $1.27 EPS for the current fiscal year.

Prospect Capital Corporation (NASDAQ:PSEC), is a financial services company, which lends to and invests in middle market privately-held companies.

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