Prospect Capital Earnings Reports

Prospect Capital reported a decline in net investment income and NAV per share, with total investment income down 12.1% YoY. Despite net losses, the company maintained stable distributions to shareholders.

Prospect Capital Corporation reported financial results for the fiscal quarter ended September 30, 2024. The company is rightsizing its common shareholder distribution rate and rotating investments into first lien senior secured middle market loans.

Prospect Capital Corporation announced financial results for the fiscal quarter and year ended June 30, 2024. The company reported a net investment income of $102.922 million, or $0.25 per share, but a net loss applicable to common shareholders of $9.050 million, or $(0.02) per share. Despite the net loss, Prospect Capital declared its 86th consecutive $0.06 per share dividend. The company highlighted its long history, downside protection focus, multi-line BDC strategy, and track record of investments and distributions.

Prospect Capital Corporation reported a net investment income of $112.779 million, or $0.23 per share, for the quarter ended June 30, 2023. The company declared monthly dividends of $0.06 per common share through October 2023. Since inception through our October 2023 declared distribution, Prospect will have distributed $20.40 per share to original common shareholders, representing 2.2 times June 2023 common NAV per share, aggregating over $4.01 billion in cumulative distributions to all common shareholders.

Prospect Capital Corporation announced financial results for the fiscal quarter and year ended June 30, 2022, reporting a net investment income of $0.21 per common share and declaring stable monthly distributions of $0.06 per common share.

Prospect Capital Corporation reported a strong Q4 2021 with net investment income of $73.229 million, equating to $0.19 per common share. Net income attributable to common stockholders was $242.421 million, or $0.62 per share. The company's net asset value (NAV) per common share increased to $9.81. Distributions to common shareholders totaled $69.857 million, or $0.18 per share.

Prospect Capital Corporation announced its financial results for the fiscal quarter ended December 31, 2020, reporting a net investment income of $0.21 per common share and a 7% increase in net asset value per common share. The company also declared stable monthly cash common and preferred share distributions.

Prospect Capital Corporation announced financial results for the fiscal quarter ended September 30, 2020, reporting a net investment income of $57.545 million, net income of $167.746 million, and a net asset value per common share of $8.40.

Prospect Capital Corporation reported a net investment income of $58.27 million, or $0.16 per share, and a net income of $162.61 million, or $0.44 per share, for the quarter ended June 30, 2020. The company declared shareholder distributions of $0.18 per share for the same period. Net asset value per share at period end was $8.18.

Prospect Capital Corporation reported a net investment income of $68.5 million, or $0.19 per share, for the quarter ended March 31, 2020. However, the company experienced a net loss of $(185.7) million, or $(0.51) per share, primarily due to unrealized depreciation resulting from macroeconomic conditions. The net asset value per share decreased by $0.68 to $7.98. The company maintained its distribution rate of $0.06 per share per month and declared distributions for May, June, July and August 2020.