NEW YORK, NY--(Marketwire - December 17, 2009) - Prospect Capital Corporation (NASDAQ: PSEC)
("Prospect" or "Company") announced today that it has declared a second
fiscal quarter (for the fiscal year ending June 30, 2010) cash distribution
of $0.40875 per share.
This distribution marks the Company's 21st consecutive quarterly increase.
The ex-dividend date is Tuesday, December 29, 2009. The record date is
Thursday, December 31, 2009. The payment date is Monday, January 25, 2010.
Distribution History
Distribution Per Share Quarter Ended
---------------------- -------------
$0.40875 December 31, 2009
$0.4075 September 30, 2009
$0.40625 June 30, 2009
$0.405 March 31, 2009
$0.40375 December 31, 2008
$0.4025 September 30, 2008
$0.40125 June 30, 2008
$0.40 March 31, 2008
$0.395 December 31, 2007
$0.3925 September 30, 2007
$0.39 June 30, 2007
$0.3875 March 31, 2007
$0.385 December 31, 2006
$0.38 September 30, 2006
$0.34 June 30, 2006
$0.30 March 31, 2006
$0.28 December 31, 2005
$0.20 September 30, 2005
$0.15 June 30, 2005
$0.125 March 31, 2005
$0.10 December 31, 2004
ABOUT PROSPECT CAPITAL CORPORATION
Prospect Capital Corporation (www.prospectstreet.com) is a closed-end
investment company that lends to and invests in private and microcap public
businesses. Our investment objective is to generate both current income and
long-term capital appreciation through debt and equity investments.
We have elected to be treated as a business development company under the
Investment Company Act of 1940 ("1940 Act"). We are required to comply with
a series of regulatory requirements under the 1940 Act as well as
applicable NASDAQ, federal and state rules and regulations. We have elected
to be treated as a regulated investment company under the Internal Revenue
Code of 1986. Failure to comply with any of the laws and regulations that
apply to us could have an adverse effect on us and our shareholders.
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, whose safe harbor
for forward-looking statements does not apply to business development
companies. Any such statements, other than statements of historical fact,
are highly likely to be affected by other unknowable future events and
conditions, including elements of the future that are or are not under our
control, and that we may or may not have considered; accordingly, such
statements cannot be guarantees or assurances of any aspect of future
performance. Actual developments and results are highly likely to vary
materially from these estimates and projections of the future. Such
statements speak only as of the time when made, and we undertake no
obligation to update any such statement now or in the future.